Mr Family Office @MrFamilyOffice Twitter profile | Pikagi

Pikagi

Mr Family Office

@MrFamilyOffice

31,115

Followers

496

Following

1,542

Media

9,453

Statuses

Insights, news and lessons from Family Offices. 20+ years working with high-net-worth individuals and families. Sign up for the newsletter 👨‍👩‍👧‍👦📈🚀

World

https://t.co/g73PKLTyib

Joined January 2023

Don't wanna be here? Send us removal request.

Pinned Tweet

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 month

📈 Family offices are revolutionalizing finance ✨ The great wealth transfer is unlocking a world of opportunity 🗣️ Follow along to join the conversation ✉️ I send two weekly emails to thousands of people: Mr Family Office Newsletter Every Friday, a deep dive on a family

1

1

17

Last Seen Profiles

@BrightFlowerB

@aeyla_official

@ElonRmuskCEOTec

@Oliviasilv93423

@pawilectura

@11Luchtmobiel

@Totopeche

@_Nawesele

@packiarajan

@stwmaniax

@the_runedev

@tareqkms

@royaledareal1

@jesseddie

@swiftie_awardss

@TSP_President

@namco_oc

@sc_asset

@Harmousse

@Tinajam14043176

@camkardashi

@justiceforjapan

@TSP_President

@JingBai_ZhangBi

@Mowgli_alg

@ginjoshimai

@toxoplasmabuox2

@Cryptowithkhan

@thelebryant

@evelinad53140

@iamchris_yang

@beyffect

@konyaspor

@josh53687577

@penikmathijab8

@sofain

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

3 months

Mick Jagger (80) plans to leave no assets to his 7 children “My kids don’t need $500 million to live well. Come on” He plans to leave his wife Melanie Hamrick (37) and 6 year old kid some space to live and resources to live their lives comfortably For the rest of the estate

Tweet media one

730

155

3K

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

Awkward amount to inherit: $5 million Greg: I'm good, anyway, cuz, uh, my, so, I was just talkin' to my mom, and she said, apparently, he'll leave me five million anyway, so I'm golden, baby Connor: You can't do anything with five, Greg. Five's a nightmare Greg: Is it?

47

86

2K

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

3 months

@Handicappadonna Not sure I agree… He’s created more joy than 99.9% of the world

49

7

2K

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

20 days

a guy casually sparked up a cigarette on my Zoom call today

211

18

1K

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

The wealthiest families in the world hold secrets that are passed down through the generations Educational secrets that even the most exclusive schools don’t teach In fact, virtually all schools are horrible at teaching finance, whatever their fees This is why Family Offices

70

242

1K

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

I had breakfast with a family office principal today His personal wealth is pushing €1 billion He's a private man, keeps out of the media and has zero public profile. His family do the same While he is well-known in his professional circle, he can walk down the street or

Tweet media one

57

66

1K

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

How do you keep a family together when the kids have flown the nest? You can borrow a strategy from family offices My kids are growing up and I’ve started to think about what life will be like after they eventually leave home, how to remain as close as possible I want my

67

49

824

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

25 days

What’s the best hobby to meet rich people?

869

28

800

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Early in my career, I worked with a banker who had a tactic he used to devastating effect I don't know if it was because English was his second language or if he was just smarter and more confident than me. Probably the latter He was supremely comfortable with silences Like

37

46

778

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

Next time you are in a hotel, check the concierge for a pair of golden keys on his or her lapel The mysterious keys are the sign of Les Clefs d'Or, a guild of elite international concierges With just 4,000 members working in the most exclusive hotels across the world, Les

Tweet media one

47

42

739

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

I met with a buddy of mine recently He's 48-years-old and retired He made some good investments, had some luck "Let's catch up soon" I say "yeah - sure mate, but I'm on vacation for the next 11 weeks" 2 weeks fly fishing Frying Pan River, Colorado 4 weeks in Thailand for a

47

21

678

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Let's get down to brass tacks... the $ comp at family offices: • CEO • CFO • CIO • COO • Legal Counsel • Portfolio Managers • Investment Analysts • Controller • FD • Tax Director • Accounting Director • Head of Security • CTO • Family Liaison • EA 👇

28

57

644

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

Do the rich really stay rich?

Tweet media one

95

52

524

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

I was on an early morning portfolio review call with an investment bank today I'm always struck by how cold and clinical these guys can be in the face of world events "The events in the Middle East" And then straight into portfolio implications, the macroeconomic impact,

Tweet media one

86

24

513

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

3 months

My daughter went down a social media rabbit hole that changed her life forever As Florida bans social media for under 14s, I feel I should share her story At the age of 11/12, we gave our daughter her first phone. Before long, she had discovered TikTok Somehow she ended up in

Tweet media one

226

41

487

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

'OK Boomer' trigger warning... 🚨🚨 Everywhere I look, I see young people prioritizing work-life balance over career ambition I see recruitment problems in so many professions - law, banking, accounting, audit The latest example I saw is a Head of Legal at a multi-family

422

16

474

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

How big is too big for a family home? Fairfield Pond, the Hamptons 100,000 square feet of living space 63 acres 29 bedrooms 49 bathrooms 2 bowling alleys 2 tennis courts 1 basketball court 2 squash courts

Tweet media one

160

31

474

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 month

@JoePompliano Monaco is a fantastic location for UHNW individuals and family offices But there are other great places: Bahamas🌴 Belgium🍫 Bermuda🏝️ Boston🏫 California🌞 Cayman Islands🏦 Channel Islands🐄 Dallas🤠 Dubai🏙️ Florida🏖️ Greece🏛️ Hong Kong🏢 Houston🚀 Italy🍝 Liechtenstein🏰

98

31

431

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 month

@ESPNF1 There is no better place in the world to watch cars not overtaking each other

5

3

428

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

I’m seeing a lot of ultra-wealthy families opting to home school their children This is purely anecdotal, but my feeling is that there is a growing sense of disillusionment with public and private education

79

19

419

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

12 days

New money: “I’ve opened a family office” Old money:

21

8

380

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

The silliest workplace rule you've seen I'll start: No beards 🧔‍♂️

113

19

373

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Where to learn about family offices A thread covering the best family office resources:

8

39

367

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 month

I’m seeing more and more wealthy families home schooling their kids Is this a fad or is the school system broken?

265

7

362

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

When asked for advice from new parents, I have one go-to tip Kids have a knack of saying the funniest and sweetest things. They say things that make you burst into laughter and recount to their grandparents over the phone You think you will remember, but you don't. There are a

18

20

337

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

I have paused investing in residential real estate I have a decent-sized portfolio, but I am not adding to it any time soon Here's why: First up, don't get me wrong, I love RE. It's a great asset class and is easy to build wealth over time using leverage You can make a lot of

52

28

326

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

Simon Cowell (64) plans to leave no assets to his son “I don’t believe in passing down from generation to generation.” His $600 million net worth will go to children or dogs charities “I’m not too interested in money, but I don’t aim to have some pot of gold for my son. I’ll

Tweet media one

359

14

291

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

4 months

You don't get rich working for a family office... you only attain new levels of relative poverty

24

4

273

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

Just released: the latest comp packages at family offices Are you wildly overpaid or chronically underpaid

Tweet media one

12

22

273

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

Never apologize That was the advice a mentor gave me in my twenties

76

10

256

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

In the last 10 days, I met with senior members of 7 family office Here's what they had to say on current markets: Overall Sentiment: Majority predict soft landing, S&P 500 at 5,000, inflation near 2%. Cautiously bullish on Western economic performance Environment: Climate

61

31

262

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

4 months

I know a guy with a $30mn home but no home insurance a $4mn boat but no boat insurance a rich life but no life insurance

103

5

256

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

Do a huge favor for your kids and your grandkids Write your family history The urge to study family history tends to kick in later in life. Often too late for those enlightening conversations with parents and grandparents I advise wealthy families to document their family

30

18

250

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

The Idiot Index Elon Musk has devised a metric he calls the "Idiot Index". This quantifies the extent to which the cost of a final product exceeds that of its fundamental components For example, where the cost of a final product is $1,000, while the basic components' cost is

Tweet media one

35

32

246

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

@DPurdyJackson He’s also generated more jobs, wealth and economic activity than his secretary. He’s also donated tens of millions to charities and made more difference than most government departments would manage with the tax

12

4

239

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 month

Is the world run by functioning alcoholics?

86

7

230

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

We write small checks - as low as $25k These are checks for deals ranging from RE, early stage VC, funds, private debt We do this because there is power in small checks Power for both the investor and investee The downside: We’re not going to get rich from these

31

18

223

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Let's get back to basics: what is a family office how much do you need to form a family office

18

20

215

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

“private family capital is larger than private equity and venture capital combined” - Ernst & Young

10

24

216

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

A friend is transferring a substantial wine collection into his son’s name The value of the collection is pushing 7-figures I introduced him to a tax advisor I occasionally work with. Over a glass of Pinot Noir we discussed some of the practicalities and tax implications At

Tweet media one

47

11

216

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Day-to-day what’s actually happening in a family office: 1/11

14

24

216

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

SWOT analysis of a single-family office:

Tweet media one

3

56

211

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

50 career tips to get ahead I have a college graduate joining the family office. It got me thinking about career advice Here’s the advice I dole out to anyone who will listen: 1. your boss should never have to chase you for updates or progress reports 2. unless absolutely

20

24

201

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Every year I am invited to a family office conference Everything is provided for free → 5∗ spa hotel for me + partner → picturesque resort → inspiring key-note speakers → outstanding food and drink → gala dinner I went once, now every year I turn it town Every year, I

37

2

203

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

By popular demand: US family office comp data - 2023 update Salaries, bonus, comp by AUM - Chairperson - CEO - CFO - COO - Financial Controller/Director - Legal Counsel - Tax Specialist - Investment Portfolio Manager - Operations Manager - Investment Analyst - Accountant - PA

4

22

200

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

I have a lawyer who I love dearly She often sends me emails on the weekend But her sentences are long. Whole paragraphs are consumed by a single sentence with subclauses, parenthesis and modifiers I used to print the mails, get a coffee and tackle the mails like a Sunday

29

6

198

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

One of the best investments a family can make: 100 bucks a week on a cleaner

28

6

198

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

Which job should he take: Amazon vs Family Office

Tweet media one

150

11

193

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Private Equity and Venture Capital beware: Family Offices are emerging as formidable contenders in direct investment deals This puts family offices in direct competition with PE and VC So why the shift? 💥 the family office sector is exploding, with more family offices,

36

30

192

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

"Please find attached our marked-up NDA" red ink hell Sure fire sign the deal is going nowhere Have any lawyers ever seen an NDA enforced?

60

2

181

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Family Office Strategic Asset Allocation - shift in strategic asset allocation in light of potential inflection points in inflation, interest rates and economic growth - tense geopolitics is the biggest concern for family offices around the world, although recession is the top

Tweet media one

11

18

180

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Private Equity and Venture Capital beware: Family Offices are emerging as formidable contenders in direct investment deals Here are the reasons family offices have shifted to direct investing and some of the implications:

14

13

182

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Who are the deal makers on Twitter? Family offices. private equity, venture capital, angel investors, institutional investors, hedge funds... Today seems like a good day to freshen up my timeline Who should I be following? Who should be following me?

105

5

175

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

FIRE is an interesting concept… but why would anyone with a decent career want to retire at the age of peak earning capability and peak interesting work?

83

7

172

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

I have a super smart buddy who has never reached his full potential. He puts it down to some bad luck, a divorce and a couple of questionable decisions I have never worked with him, but he is sharp, eloquent and imaginative. I always thought that when the right project came

38

4

170

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

Family Offices

Tweet media one

8

5

170

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Let's do some deals 💥 Let's connect investors with deals 🤝 First Friday of every month, I invite my followers to share their deals It sparks connections and discussions Last month 88k people saw the tweet Pitch your deals below 👇 → 1 tweet → one-liner → key details

89

10

165

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

18 days

There’s always a bigger fish

15

19

165

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

Do you think generational wealth is toxic ☠️☠️ "I don't want spoilt trust fund brats" "my humble beginnings got me to where I am today" Three reasons to think again 1. Survivorship bias I didn't grow up rich I'm fairly successful by most measures Ergo, my upbringing gave me

32

12

164

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Cracking the family office code The 6 Family Office archetypes And a bonus that doesn't make the chart... the Fake Family Office 1/ The Founder’s Family Office The starting point for most family offices • Family office created after founder's financial success •

Tweet media one

17

15

161

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

If we want young people to be capitalists… young people should have capital

25

18

158

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

There is no typical family office investment portfolio Circumstances and backgrounds influence their approach to investment decisions, wealth preservation, and generation To work with family offices, you have to understand them 7 archetype family office investment portfolios:

3

17

160

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 month

@ESPNF1 This looks like a marketing gimmick rather than a flex

1

1

157

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

Managing generational wealth and privilege is a tightrope A cautionary tale: A friend of a friend’s wife just filed for divorce. She’s Brazilian, he’s a Brit. This is coming almost five years to the day after they were married. Five years is the minimum period they must be

15

7

152

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

My whisky collection has outperformed the S&P That was the claim I heard over dinner recently I wasn't convinced, so I looked into it Much like wine collecting, whisky is one for the connoisseurs. Investors are usually passionate consumers The appeal of whisky is that it's a

Tweet media one

Tweet media two

Tweet media three

Tweet media four

58

6

150

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

The nice-to-have perks of working in a family office... the killer perk that trumps the rest and how I benefitted The perks: ✈️ PJs > business class ☀️ international playground - work from Monaco, Miami, Cayman.. say no more ⛵️ the family yacht is an ideal place to hold an

13

6

151

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Let's do some deals 💥 Let's connect investors with deals On the first Friday of every month, I invite followers to share their deals. This sparks incredible connections and discussions ⚡️ Pitch your deals to 9k+ professionals below 👇 → 1 tweet → one-liner → key details

96

10

154

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

In January this year, I started out on Twitter with the lofty goal to hit 5k followers by the end of the year I ticked over 25,000 today 🤯 Here are some of the accounts who have helped/inspired along the way: @SecretCFO - the OG inspiration behind me starting this account.

27

12

152

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

How would this make you feel: Years ago, I worked with a brother and sister after the death of their father. Their dad died in his 90s. They were already in their 70s and were stunned to discover they were in line for a life-changing inheritance Their dad had owned a business

43

4

148

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

LIVE coverage of Biden’s capital gains tax plans

Tweet media one

15

14

151

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

What to read on deal structuring:📚 The Art of M&A: A Merger, Acquisition, and Buyout Guide - Alexandra Reed Lajoux and Charles M. Elson Term Sheets & Valuations: A Line by Line Look at the Intricacies of Term Sheets & Valuations - Alex Wilmerding Private Equity as an Asset

2

17

144

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

The greatest threat to generational wealth - at any level - comes from apathetic and unmotivated children How do you motivate your kids?

33

8

140

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

How the wealthiest families are allocating their capital to protect and grow their wealth Family office asset allocation 2021 vs 2023 > Fixed income is back > Outsized allocation to alternatives remains > Cash holdings down Top three fears in the next 1-2 years: > recession >

Tweet media one

8

24

140

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

box seats have a major drawback: regular seats are never the same again certain luxuries can be dangerous

Tweet media one

Tweet media two

Tweet media three

Tweet media four

31

3

139

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

The Family Meeting / Retreat A common practice for family offices Often held off-site Family meetings are family events, not board meetings The emphasis is on: 🔹 clarifying strategic vision and getting buy-in 🔹 strengthening family values and culture 🔹 solidifying

Tweet media one

7

13

140

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

countries with zero capital gains tax: 🇨🇭 Switzerland, 🇧🇪 Belgium, 🇲🇨 Monaco, 🇸🇬 Singapore, 🇳🇿 New Zealand, 🇭🇰 Hong Kong, 🇦🇪 United Arab Emirates, 🇧🇧 Barbados

30

13

136

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Do your kids know your net worth? Your earnings? Too often we shelter children from financial discussions Is sharing caring or is silence golden? (Inspired by one of my kids trying to google my net worth!)

64

5

131

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

What to read on deal structuring: 📚 The Art of M&A: A Merger, Acquisition, and Buyout Guide - Alexandra Reed Lajoux and Charles M. Elson Term Sheets & Valuations: A Line by Line Look at the Intricacies of Term Sheets & Valuations - Alex Wilmerding Private Equity as an Asset

2

24

131

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

What’s my net worth: People here spend endless hours arguing about how to calculate net worth Do you include your home, your car… blah blah I’ve seen the same arguments rehearsed over and over again I have never met a UHNW individual who calculates their net worth to the

36

10

129

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

3 months

@logan_bohannon5 Same.. although the equation could change if I had $500mn

7

0

127

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

The Family Office Dashboard: the financial nerve center Dashboards track assets in real-time and report financial performance. They also help manage an array of family office tasks → 🔟 functions of a FO dashboard → 🔟 out-of-the-box solutions The 10 functions of a FO

Tweet media one

11

13

130

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

People don't realize how fast the family office sector is growing FO > PE + VC Very soon, family office assets under management will exceed private equity and venture capital combined A wake-up call to vendors, investors, and founders

8

7

125

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

Sir Anthony Ritossa → Chairman, Ritossa Family Office → Host of the "World’s No. 1 Family Office Investment Conference" → 61,109 LinkedIn followers → Conman and thief Here's the story: After an underwhelming career as a hedge fund salesman, Australian Anthony Ritossa

Tweet media one

27

12

126

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Real estate has always had a special place in the heart of family offices And now family offices have spoken... they picked their #RE winners and losers for the next 12 months Winners: - 30% of family offices have reported that they plan to expand their exposure to

26

13

120

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

2 months

@StevenMusielski GameStop all in

3

3

121

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

You die tomorrow What happens? Here are the lessons from family offices to help manage financial matters after a death in the family Family offices play a vital role in providing support and assistance during the challenging time following a family death The family office

5

18

119

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

If you want money, ask for advice If you want advice, ask for money

7

10

120

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

9 months

Where the ultra-rich spend their holidays:

Tweet media one

11

10

119

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

How our family office joined the private credit bandwagon A few years ago, we co-invested in a European gin distillery as an LP. The distillery was a growing startup getting real traction in the market We invested alongside another family office with hospitality expertise and

11

9

119

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

Corporate governance: not sexy, but essential Failures in corporate governance can be fatal when you're: - building your own business - directing an organization (incl. family offices) - conducting due diligence on a target company 13 corporate governance red flags: 🚩

5

33

117

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

One marketing tactic that usually fails with family offices: Urgency/limited-time offers Them: "we are closing on Friday, there's a lot of interest and only limited allocation available " Us: "OK then, we'll look at the next deal" Family offices can move quickly, I've seen

20

2

115

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

Family office investment portfolios 7 investment models:

6

19

112

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

in sport in business in family in life it's always better to go all in The All Blacks Haka 1973 vs 2019 #RWC2023

22

26

108

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

8 months

There’s an NDA I’d love to break 7/8 years ago I personally invested in a property deal. After 18 months the developer had missed several key milestones and I withdrew In accordance with the contract, the developer was obliged to repay my initial investment + interest He

24

0

109

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

This is Lester T Beaumont - 82-year old mining mogul and family office principal, net worth $2.4 billion Lester has never used Twitter He thinks social media is a monumental waste of time And most family office principals agree But here's why I don't care: • the greatest

Tweet media one

20

7

105

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

How to set up a family office The practical steps:

3

11

105

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

3 months

It’s the little things in life ⛳️ ✈️

16

5

108

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

10 months

The secret to building generational wealth: optimism………… well, that’s only part of the story I’ve noticed another personality trait that is key to the success of wealthy founders Optimism is like rocket fuel. Optimistic founders drive their businesses forward. I love their

6

7

106

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

1 year

I asked family offices in my network to share their wisdom The advice is priceless Insights from: - Texas-based single family office - Gen 3/4 - $2 billion AUM “Trust is the #1 thing in a family office - it’s one of the few things that can’t just be bought. Helping

7

9

106

@MrFamilyOffice

Mr Family Office

@MrFamilyOffice

11 months

Timely reminder: don’t do business with people who sue people because eventually you will be on that list

11

3

106