Insights

STEP (The Society of Trust and Estate Practitioners – the international professional body for trustees, wealth advisors and estate practitioners) recently published a report on Attitudes to Wealth. Their findings are insightful and suggest that families are actively looking at ways to mitigate the risks future generations will face. It also provides families and their […]

Creating a Trust requires trust. In accordance with the Law Society of the United Kingdom, the “trustees are the legal owners of the assets held in a trust.” Their role is to: Entrusting hard-earned assets to a trustee can be intimidating. However, centuries of established laws in the Isle of Man are in place to […]

Deciding what should happen to your wealth after your death is never easy. Every wealth creator has options when planning the future of their accumulated wealth: All the above options are driven by a single question: What is the purpose of the wealth? Donella Meadows (American environmental scientist, writer, and educator) said: “Growth is one […]

Isle of Man-headquartered Boston Multi Family Office is pleased to announce the completion of its acquisition of Aqua Group, a leading family office and fiduciary business based in Jersey, Malta and the UK. The deal will enable Boston to expand its operations to the Channel Islands and UK, as well as bolstering its presence in […]

In a global economy marked by volatility, shifting political landscapes, and unforeseen disruptions, businesses that are expanding internationally are increasingly looking for ways to safeguard against uncertainty. The Isle of Man, a self-governing British Crown Dependency situated in the Irish Sea, has become a beacon of stability for global businesses seeking to mitigate risk while […]

This Substack has lived rent free in my mind since I read and thoroughly enjoyed it at the beginning of January. It was penned by the wonderful Times journalist India Knight, although I think she pinched it (fully acknowledged) from Pay Attention Be Astonished Substack. The idea is pretty simple, write down 66 things you […]

Maya Angelou once said, “If you are going to live, leave a legacy. Make a mark on the world that cannot be erased;” Sustainable wealth succession embodies the legacy a wealth creator imparts to their family and communities in which they operate. Additionally, it should be a top priority for wealth creators, regardless of the […]

As the year draws to a close and the festive season is upon us, we want to take a moment to express our deepest gratitude to all our staff and clients. This time of year is not just about the celebrations; it’s also a time for reflection and appreciation. To our incredible staff: your hard […]

Recently, I attended a conference that focused on understanding the needs and expectations of future partners. The discussion was thought-provoking, with diverse perspectives shared by the participants. Whilst in attendance, I found myself resonating with points raised by both sides of the debate. It became clear that the ambition to become a partner must come […]

Boston MFO had the pleasure of hosting a roundtable discussion with thirteen experienced wealth management and structuring advisors, spanning three generations. Each bringing a unique perspective on meeting families’ evolving needs, leading to a thought-provoking discussion. Key themes emerged around structuring, intent, governance, and forward-thinking succession planning. We posed the question: “Is the process we […]

Boston Multi Family Office is pleased to announce the acquisition of Aqua Group, a leading family office business based in Jersey, Malta and the UK. Aqua Group was established in 2012 with the aim of helping families and their businesses achieve their financial expectations through excellent, consistent client service and the application of technical and […]

The dust has now settled on the most talked about budget since…well…actually probably just since the ‘mini-budget’ of September 2022. However, it has still generated some ‘healthy debate’ if social media is anything to go by. Initial worries within financial markets appeared to have eased somewhat and it looks likely that this Chancellor and Prime […]