US family offices – a geographical breakdown

These days, New York might not be the centre of wealth creation as much as California, but it’s still the centre for managing the assets of the country’s wealthiest individuals and families. 

A skyscraper in downtown Minneapolis is home to a bunch of family investment and holding groups owned by one of the Midwest’s best-known family dynasties. 

The ongoing staff shortage problem for family offices exposes them to risks they may not fully appreciate and places additional pressure on existing employees who are often poorly trained and lack development…