Within about 5 years, there could be as many as 11,000 family offices (FOs) operating around the globe. This represents a 33% bump in the volume of FOs doing business. Find out what’s driving this expansion.

In 2021, more than 18,500 venture capital (VC) deals were signed. Last year, more than 15,300 investors supported at least one VC deal in the U.S. Yet, as of Q3, 2024 only about 11,425 deals were inked — a 25 percent decline from 2023.

To fully benefit from recommendations about finances, investments, wealth, or philanthropy, women need to operate on a level playing field. Unfortunately, as recent studies confirm, women in the U.S. continue to lag behind men when it comes to earning a living.

Last year, the Pew Research Center surveyed a roster of thought leaders and academics and asked them to identify the “best and most beneficial changes in digital life” we can expect to see in the coming decade. 

A recent study confirms the growing popularity of alternative assets among high-net-worth Family Office clients.

The demand for data centers in the U.S. is exploding. The need to warehouse digital information — a need that AI has now supercharged — is expected to drive a 160 percent surge in new U.S. data center construction by 2030.

According to a slew of news reports, family offices — private wealth management firms specializing in serving high-net-worth investors — are not only investing heavily in artificial intelligence (AI) and blockchain technology, many are incorporating these cutting-edge technologies into their own practices to improve efficiencies.

The already groundbreaking field of artificial intelligence (AI) may be on the verge of a transformative shift with the introduction of OpenAI's latest large language model, o1.

In a recent African Business article, Nobel Prize winner and former President of Liberia, Ellen Johnson Sirleaf, reminded readers that “young leaders, and particularly women leaders, will be the engine of future growth, sustainable development, and prosperity on the condition that we give them the tools, opportunities, and space to do so.”

Two recent announcements underscore the growth opportunities in U.S. data center development. First came the news from the White House that it plans to support the development of new data centers by fast-tracking the permitting process and incentivizing data center owners and operators with loans, grants, tax credits, and technical assistance.

As most analysts predicted, this week the Federal Reserve voted — nearly unanimously —  this week in favor of a historic half-point interest rate cut, a move welcomed by many borrowers and investors alike.

Worldwide, there are now approximately 8,030 family offices doing business, and he number of firms could go as high as 10,700 by 2030. Almost half (nearly 4,200) will operate in North America alone.

Tokenization helps democratize the investment process by enabling investors to own fractional shares of assets that otherwise have high barriers and extended lock-up periods. But if the prospect of including digital assets in an investment strategy makes some traditional investors uncomfortable because they associate blockchain-based assets with often volatile cryptocurrencies, they should know that the two asset classes are very different.

By 2030, Bitcoin (along with other leading cryptocurrencies) could gain enough mainstream attention that it may play a more significant role in global financial markets. 

Florida is now the third most populous state in the U.S. primarily because 350,000 to 375,000 people move there each year. This population boom has impacted West Palm Beach specifically; it is now home to nearly 1.5 million residents and approximately 54,000 businesses.

Which Technologies Will Offset Today’s Geopolitical Tensions and Environmental Challenges? As we navigate the remainder of 2024, the global economy stands at a critical juncture, shaped by a complex interplay of geopolitical tensions, technological advancements, and environmental challenges. 

Earlier this year, The Wall Street Journal reported that a sometimes-overlooked asset class — distressed commercial real estate — appeared to be capturing the attention of institutional investors.

Alternative investments are those assets that fall outside of traditional categories such as stocks and bonds. For many seasoned investors, alternative investments — real estate, venture capital, private equity, hedge funds, cryptocurrencies, and others — offer a way to bring additional diversification to a portfolio because the investments generally have low correlations to more conventional assets.

A slew of new rules recently took effect that are poised to permanently reshape how residential properties in the U.S. are bought and sold and how much realtors — most women — earn from the transactions.

Predict generative artificial intelligence (AI) has “the potential to generate value equivalent to $2.6 trillion to $4.4 trillion in global corporate profits annually.”

It’s no secret that AI is growing exponentially and is poised to transform nearly every industry in the world, but it’s important to acknowledge that AI modeling is far from perfect. The reason: Like all of us, the people who do AI modeling are imperfect.