Morne Patterson

  In the world of wealth management, a term you may not have come across it the 'family office.' Intrigued as to what family offices are and why they’re essential in the financial game of ultra-high-net-worth families? Our lives are not just about numbers and portfolios, and this is where family offices step in, serving as the providers of privacy, investment strategy, philanthropy, and beyond. Did you know that as of 2019, there were around 7,300 family offices worldwide, managing close to six trillion dollars? If you're wondering what a family office entails, why they represent a cornerstone for maintaining and growing generational wealth, and why they might be indispensable for families with substantial assets, you’re not alone. While catering to those with usually at least $50-100 million ready for investment, family offices bring many diverse services. Whether you're navigating succession planning, aligning your family's values with its wealth, or simply fasc...

  As we kick off the new year, lets steer through the ever-evolving landscape of the business world. With the anticipated 35% growth in AI adoption and e-commerce sales projected to soar to a staggering $5.5 trillion, it's clear that artificial intelligence and digital innovation are driving forces shaping the future. It's imperative that we, as business leaders and enthusiasts, understand these changes. Grasping the significance of these Business Trends of 2024 is not just about staying current—it's about being resilience, sustainable, and sharpening analytics for the year ahead. In this article, I will consider each trend. From the seamless integration of remote work and hybrid models to the cutting-edge applications of generative AI in business, this comprehensive analysis will provide you with a road map to navigate through the future disruptions. We will explore how sustainability and green practices are no longer niceties but necessities, and how digital transformat...