GenSpring Archives

When to form a family office

by in Business News | Featured | Finance

The family office model has existed for centuries, beginning with European families and later adopted by American industrialists, like the Carnegies, Phipps and Rockefellers. GenSpring Family Offices improves upon the family office model in three ways: creating a multi-family office with multiple locations; advising on all elements of wealth and providing sustainable wealth management. Each… Read More →

Families should act now to preserve wealth

by in Business News | Finance

Families who have had to face the estate tax know that it can destabilize their family businesses and create major headaches for their children and grandchildren. Unfortunately, for more than a decade it’s been nearly impossible for families to do informed planning with any solid understanding of what Washington’s future intentions may be. In fact,… Read More →

Wealth Management Q&A With GenSpring Executives


Here are answers to some common wealth management questions from Pat Soldano, chairman – Western Region, GenSpring Family Offices, and Mark Mushkat, senior advisor – Western Region, GenSpring Family Offices: What is the biggest mistake people make — that could be corrected by an effective financial adviser — when they try to manage their assets… Read More →

Can You Be Too Social With Social Media?


Plucked from a recent headline on a national news website: “Rich kids are oversharing on social media – are yours?” The story went on to detail true life examples of wealthy youth using social media to boast about luxury private jet travel, $100,000 bar tabs and the use of #ferrari, #mansion and #hamptons Twitter hash-tags.… Read More →