What James E. Hughes Jr.

“To live is to change, and to be perfect is to have changed often.” —St.

Saint John Henry Newman’s most important lesson for wealthy families is that lasting legacy requires a well-formed conscience, a commitment to truth, and the preparation of people to use their freedom responsibly. Capital gives a family choices.

Family offices protect wealth by preparing for uncertainty. They build liquidity reserves, develop succession plans, and consider what could go wrong.

AI tests net-zero, Europe weighs its diesel lifeline, and inflation looks set to rise Three stories from today's S&P Global Essential Intelligence briefing share one root: energy. Here is what happened, what it means, and why it matters for families who think in generations.

Roy Williams and Vic Preisser studied 3,250 families who passed on their wealth. Their conclusion still unsettles advisors: most fortunes are not lost to taxes or bad documents.

“Realize it, my brethren; —every one who breathes, high and low, educated and ignorant, young and old, man and woman, has a mission, has a work. We are not sent into this world for nothing; we are not born at random; .

Updated Oct 7, 2026, 4:30 PM GMT Warren Buffett has recommended the same investing approach for decades. Andrew Harrer/Bloomberg via Getty Images Warren Buffett says almost nobody can do what he does, so they shouldn't even try. His advice continues to pay off. The legendary investor has proclaimed for decades that 99% of people shouldn't try to pick winning stocks, dabble in options, time the market, or hire a money manager. "My regular recommendation has been a low-cost S&P 500 index fund,"

They aren’t who you think.

October 7, 2026, 3:01 AM ET David Reuben recently moved from the U.K. to Monaco. Monaco has long been a tax haven for London’s ultrawealthy seeking to shield their fortunes from the U.K. Treasury. This summer, David Reuben, the 88-year-old property magnate who shares second place on the Sunday Times Rich List with his brother Simon, left his Holland Park home for the principality, a spokesman for the brothers recently confirmed. The Times first reported the move. The brothers were reported to

Updated Oct 8, 2026, 7:20 PM GMT Getting old can be painful. Stick around long enough, and you're bound to weather some kind of age-related decline, like creaky joints, clogged arteries, or vision loss. Silicon Valley billionaires, including Jeff Bezos, Peter Thiel, Yuri Milner, and Sam Altman, who want to skip all that mess and reprogram their cells back to a more youthful state, have invested in startups working on the hottest trend in longevity science: cellular reprogramming. The technique

A family office can have exceptional advisers, substantial resources, and a clear mission while still struggling to make progress. Important decisions remain unfinished.

The world economy is growing at its fastest pace since late 2021, every sector is expanding, AI spending is rewriting corporate plans, and the boardroom is starting to price nature. Every morning, family offices face the same question: what changed overnight, and does it matter for a portfolio built

Philip Marcovici spent three decades as an international tax and private-client lawyer in New York, Vancouver, Hong Kong and Zurich. His conclusion is blunt: money does not usually destroy families through markets or taxes.

On its own, a check, even a generous one, doesn't carry the weight of a family's values from one generation to the next; that takes something more deliberate.​

Randy Alcorn's 2011 book asks one question that every family office eventually has to answer: if this wealth was entrusted to us rather than owned by us, what are we supposed to do with it? These are its ten most important lessons, ranked by how much they matter to a multigenerational family, with e