![](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Fmedia_photo%2Fde%2F7b%2Fa4491044a2b6aafdfd14596cb799.jpeg&w=3840&q=75)
Family offices have become increasingly popular over the past few decades as more and more high-net-worth families seek to manage their wealth in a more personalized and strategic way. However, with great wealth comes great responsibility, and the importance of building trust and transparency in family offices cannot be overstated.
One of the biggest challenges facing family offices is the transfer of wealth from one generation to the next. Often, the first generation has worked hard to amass their wealth and can be hesitant to share information or control it with their children. This can lead to a lack of trust between family members and can ultimately harm the success of the family office. Keeping money secret and underestimating the abilities of the younger generation only leads to resentment and a breakdown in communication.
Transparency and open communication can help build trust between family members. Creating an environment where family members feel comfortable sharing their thoughts and ideas, even if they differ from those of the older generation, can foster healthy discussions and ultimately lead to better decision-making.
The ability to communicate effectively with family members is a valuable skill that can be developed and honed over time. Family offices that prioritize open communication and transparency are more likely to succeed in managing their wealth and achieving their investment goals.
It is important to recognize that both the first and second generations have something valuable to contribute, and it’s important to foster an environment of open communication and collaboration. By doing so, family offices can effectively manage their wealth and ensure the long-term success of their family legacy.
![During the previous family offices meeting, many heads of family offices who attended it had the opportunity to share valuable insights, ideas and discuss various trending topics: distinguishing between good and bad investments, the benefits of co-investments and succession planning in Family Offices. Although the gathering was fruitful and the leaders had a great chance of discussing the topics, it wasn't enough to cover all the subject matter questions in full depth. Therefore, it was decided to host another Family Office Gathering to further discuss many important matters and assist heads of single family offices in forming solid and advantageous relationships with like-minded family offices.
123rd Single Family Office Forum «Cooperation of Single Family Offices Worldwide. Chapter III» will take place on April 20, 2023. Heads of the Single Family Offices and investors will once again gather to discuss and exchange their precious takes on Family Offices collaboration, proper preparation of heirs, share their investment criteria and personal experiences.
Who will be attending:
30+ heads of Family Offices from 27 different countries of the world and international active investors.
Why to attend?
To initiate favourable and valuable relationships with like-minded Family Offices worldwide during the 1-2-1 networking meetings;
To learn how respected leaders of Family Offices prepare their succession plans and educate heirs;
To strategize how FO collaboration not only can preserve their family legacy but also greatly benefit society;
To find out different investment strategies, insights, trends and criteria from Family Offices across the world;
To hear uncommon insights regarding co-investments, dry powder and exchanged deal flow;
Craig Astill, the CEO of Caason Group, an Australia-based single FO, a member of the Global Investment Leaders Club: "The Club Forums are always an excellent opportunity to network with many interesting people with different views and interests and to expand my areas of knowledge across multiple industries." When questioned about how his family office came to be and what their goals are, Craig Astill answered: "Our Family Office is a result of my background of international trade and finance, we ground ourselves as a diverse group with interest across many sectors with a very strong innovation and sustainability approach. We are currently focusing our investments in industries that we're currently involved in, such as the agricultural industry."
123rd Private Investment Forum Worldwide: «Cooperation of Single Family Offices Worldwide. Chapter III» will take place on April 4, 2023, via Zoom. The duration of the Forum will be 3 hours (from 4-7 pm Dubai/ 8-11 am New York/ 2-5 pm Zurich time). The number of participants in this exceptional event is very limited.](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Fevent_banner%2F8f%2Fcb%2Fcee729de63894c466f41684ace1c.jpeg&w=3840&q=75)
![](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Fmedia_photo%2Fd8%2F8a%2F2eb5a6e30466945db9ad0390aa11.jpg&w=3840&q=75)
![](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Fmedia_photo%2Fcc%2F94%2F88f6932eebaa35c47057c2467ca9.png&w=3840&q=75)
![](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Fmedia_photo%2F9e%2Fd9%2Fb163819a0cd0e16c7dd12f48b839.png&w=3840&q=75)
![title](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Favatar%2F2f%2F38%2Fbe398795721ac64ac95a107ebf18.jpeg&w=48&q=75)
![](/_next/image?url=http%3A%2F%2F172.31.27.90%3A8081%2Fimages%2Fcache%2Fmedia_photo%2F42%2Fdc%2F0736a14798affac0b1dfe4efff4a.jpg&w=3840&q=75)