Elon Musk’s DOGE Revolution Under Trump’s Presidency, A New Frontier in Government Efficiency
The political stage of the United States has always been known for producing unexpected alliances and groundbreaking decisions. However, when Elon Musk, the tech billionaire, and President Trump, the polarizing yet undeniably influential leader, joined forces, it sparked a wave of conversations across the nation and beyond. This alliance birthed something no one saw coming: […]
Forgot to send out Crummey letters? Don’t panic.
In the last FBO Bulletin we discussed some tax shorthand phrases one of which was Crummey as in Crummey Letters. This deals with the contributions to trusts that establish the gift as a present interest (often using the precious $18,000 annual exclusion). If this does not affect you and ring a bell you may want […]
30 Under 30: The World’s Youngest and Wealthiest Power Players
In today’s fast-paced world, achieving financial success is often seen as the result of decades of hard work, strategy, and persistence. However, a remarkable group of individuals has defied that norm, amassing significant wealth and influence before their 30th birthdays. From inheriting legacies of billion-dollar empires to pioneering innovative ventures, these young power players represent […]
Crypto Decrypted: New Year, New Rules, & A New Crypto-Friendly USA
The USA is known as “The Land of the Free”, notably commended in our Star Spangled Banner. That’s been true in most cases but, up until recently, entirely untrue in the world of crypto. The Land of the Free over the past years has had one of the most regulatory restrictive regimes toward a space […]
Bitcoin’s Trump-Driven Surge
Bitcoin’s meteoric rise to $90,000 following Donald Trump’s election victory has reignited global interest in the cryptocurrency market. Surging over 33% since the announcement, Bitcoin’s rally reflects a wave of optimism fueled by Trump’s pro-crypto stance. It promises to position the U.S. as a global leader in digital assets. This dramatic price spike underscores Bitcoin’s […]
ESG is Out, What’s Next?
Measuring Impact: New Frameworks for ESG Performance in Private Markets The landscape of environmental, social, and governance (ESG) measurement in private markets is undergoing a profound transformation. As family offices and institutional investors increasingly recognize the dual imperatives of financial returns and positive impact, the need for sophisticated, standardized frameworks to evaluate ESG performance has […]
De-Risking VC through Collaboration
Venture Capital Co-Investment Models: Risk Mitigation Through Collaboration In the evolving landscape of private market investments, family offices are increasingly exploring venture capital co-investment opportunities as a strategic approach to portfolio diversification and risk management. This sophisticated investment model, which combines the expertise of established venture capital firms with the direct investment capabilities of family […]
Crypto Politics: Gensler Out, Atkins In & A Very Crypto New Year!
President-elect Donald Trump hasn’t taken office yet and already his presence is creating a sea-change in the world of innovation, blockchain and crypto. Outside of the obvious price action – BTC reaching a new high of $108K (before recent corrections) and Alt-Coins prepping for a breakout — there are some big moves happening that will […]
Family Offices Prepare for Trump’s Tax Plan in 2025
As you prepare your family office for the financial landscape of 2025, it’s crucial to consider the potential impact of Trump’s proposed tax plan. With significant changes on the horizon, you’ll want to position your wealth management strategies to take full advantage of the benefits while mitigating any potential drawbacks. This article will explore how […]
Family Offices Put the Private in Private Equity
In the ever-evolving landscape of private equity, a new player has emerged: family offices. These private investment vehicles, once content to remain in the shadows, are now stepping into the spotlight and leading deals that were traditionally the domain of established private equity firms. A prime example of this shift is Mitch Modell, former CEO […]