LIQUIDITY EVENTS · FAMILY OFFICE · FIDUCIARY
SpaceX's $1.75T IPO does not create concentration. It reveals it. Most family offices own more than their investment committees realise.
Commentary on the matters,
markets, and jurisdictions
where we advise.
9 articles
9 articles
FIDUCIARY · REGULATION · STRUCTURING
The DOL's safe harbor was written for 401(k) plans. It will be used to measure every trustee that allocates to alternatives.
REGULATORY · STRUCTURING · FIDUCIARY
California's wealth tax cleared its signature deadline last week. The four-part architecture is what other states will copy. Domicile relocation alone does not respond to it.
ASIA · REGULATORY · STRUCTURING
Hong Kong expanded its family office tax regime to cover digital assets. The same Budget committed to CARF reporting from January 2027. The coverage is addressing one and not the other.
FIDUCIARY · FAMILY OFFICE · MULTI-JURISDICTIONAL · COMPLIANCE
The ShinyHunters campaign has exposed trust structures, estate plans, and beneficial ownership data across the US RIA ecosystem. Most governance charters were drafted before this was possible.
FAMILY OFFICE · FIDUCIARY · STRUCTURING
Asian family offices queuing to redeem from semi-liquid private credit funds made a wrapper error, not a credit error. The distinction matters for what comes next.
MIDDLE EAST · STRUCTURING · CROSS-BORDER
The sophisticated response to the Iran war is not relocation from Dubai. It is the construction of jurisdictional redundancy the wealth that concentrated there never built.
CROSS-BORDER · REGULATORY · STRUCTURING
The OECD's Side-by-Side agreement has rewritten Pillar Two for US-connected structures. The implications for family offices are not what most advisers are saying.
SUCCESSION · STRUCTURING · JURISDICTIONS
Three reforms landed on 6 April 2026. Read together, they change the structural question facing UK family business owners — not the optimisation question.
