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FA-MAG
Lifestyles
 
Clients Lean On SFOs For Healthcare Services, Study Says
By Ray Fazzi - Tuesday, 17 January 2012
Wealthy families are increasingly turning to their family offices for help with their healthcare needs, according to a new study.
 
Cartier Turns To More Discreet Watches To Assuage Guilt
Monday, 16 January 2012
Cartier says it’s pulling ahead of luxury rivals with watches that match the tenor of the times for less ostentatious displays of wealth.

 
Family Offices Deal With Client Security Issues
By Karen DeMasters - Friday, 06 January 2012
Single-family offices have become more involved in helping their clients deal with security issues, according to a new survey.
 
Manic Millionaires
By Russ Alan Prince, January 2012 issue
The Wall Street Journal’s Robert Frank says the boom-and-bust nature of modern wealth has turned the rich into the ‘binge drinkers of the economy.’
 
The Traveling Billionaire
By Jeremy Kahn, January 2012 issue
Nicolas Berggruen trots the globe in a Gulfstream jet, looking to change the world with his $2.5 billion fortune.
 
Princeton Brews Trouble For Us 1 Percenters: Michael Lewis
Friday, 30 December 2011

How to deal with students at elite colleges turning against the elites.

 
Tax Cap Hits N.J.’s Richest
Thursday, 29 December 2011
The days of on-demand trash pickup are dwindling for residents of Millburn, the northern New Jersey community best known for The Mall at Short Hills, where Cartier diamonds meet Dior fashions.
 
BMW-Audi Battle For Top Spot In Luxury Cars Playing Out In China
Wednesday, 21 December 2011
China may overtake Germany as the world’s second-largest market for luxury cars behind the U.S. this year.
 
Baja Humbug
By Karen DeMasters - Wednesday, 21 December 2011
Looking for an unusual luxury holiday gift for that ultra-wealthy person who seems to have everything? How about a Lear Jet trip to a Baja resort for two with full amenities, plus extras.
 
Cornell’s $350 Million Donor Feeney Plans To Give It All Away
Wednesday, 21 December 2011
Donating a record $350 million to Cornell University last week moved Charles Feeney closer to a life goal: giving away all of his fortune while still alive.
 
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Angeles Wealth Management, a Los Angeles-based RIA designed to serve high-net-worth and ultra-high-net-worth clients, has been created by Angeles Investment Advisors and Jonathan Foster. 
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Federal regulations placing more restrictions on the operation of single-family offices is going to prompt more ultra-high-net-worth families to consolidate or restrict their offices, said Joe Calabrese, CEO of Harris myCFO.
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HighTower has brought on a new partner from Morgan Stanley Smith Barney, where he headed a team that managed about $2.5 billion. 
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Financial advisors who want to succeed with women clients need to treat them as individuals, not as a group, according to a new study by the Family Wealth Advisors Council.
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Most high-net-worth individuals feel it is important for their advisors to know all their goals and financial wishes, but only a small percentage actually provide that information, according to a new survey.
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