How Fintech is Fixing Broken Credit

Oct 19, 2020

Conventional banks now account for 72% of the stock market value of the global banking and payments industry, down from 96% in 2010.

Fintech is allowing new start-ups to create new channels of distribution reducing commissions and fees or coming with innovative low costs products.

Do you think this good or bad for finance?

The ANT Group will further disrupt the comfort zone of Bankers. The giant Chinese fintech upstart is expected to raise more than $30bn, eclipsing Saudi Aramco’s debut last year.


Continue Reading...

Family Office: do you really need one?

Sep 09, 2020

Family Office:  do you really need one?
Do you agree that we need at least 1 million dollars to be able to open a Family Office?

To perpetuate the elite syndrome and penalise yourself than wait until you get you few millions before starting one. The reality is that you are already part of a family so, building structures around it to operate as a “family office” is achievable.

So how do you cut out the myth that has been built to make you believe it is not for you and your family.

Here is what made my eureka moment:

  1. It has nothing to do with how much one is worth NOW but how much we want it to be.
  2. What the system does not tell you is that really the purpose of a family office is to develop an integrated wealth strategy.
  3. So even if you are in negative equity, you should have an integrated wealth strategy.
  4. In fact, I would argue that individuals without wealth need a family office more than those with wealth!

    Your starting point is to define your goals and...
Continue Reading...

𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟𝐟𝐢𝐜𝐞: 𝐰𝐡𝐲 𝐲𝐨𝐮 𝐬𝐡𝐨𝐮𝐥𝐝 𝐫𝐮𝐧 𝐨𝐧𝐞! ‎

Sep 07, 2020

Family Office: why you should run one!

Most UHNWI has a Family Office. Is it because they have wealth that they set a Family Office or did setting up a Family Office augment the wealth for them. What we are sure of is that more wealthy individuals are setting up family offices whether single or multi.

I am on a mission to get more private citizens and families to set up their family office. Forget what the system tells you that you need to have over a million to be able to afford one. No, it is not only for the wealthy, because “Family Office” is a state of mind.

The core purpose of a family office is to develop an integrated wealth strategy.
Why should you and your family not have an integrated wealth strategy? Is it because it threatens the hegemony of the system?

Is it to keep you and your children from becoming financially astute more than you can ever get from the school and education systems in place.

Without the knowledge that your family office will...

Continue Reading...

How much does a PWFO make?

Aug 17, 2020

Anybody can provide Wealth & Family Office Services as defined by the PWFO Chart. Licensing depends on the jurisdiction you operate in. As the services related to money matters, you will likely get clients to serve only if you can demonstrate that you have the education and credentials to stand out from your peers.

Like specialising in Corporate Services, Accounting, Trusts, Taxation, Auditing, Liquidation, Wealth Services demand  "educational, experience, and ethical requirements which are licensed by the PWFO Association indicates.

A Certified PWFO starts his Wealth Course by being already a graduate and the PWFO course adds another 70 hours of education with tests and culminates in an examination and compliance with the Code of conduct and professional ethics of the Association.

PWFO implies being a specialist in and overall becoming a PWFO denotes a significant investment of time and energy which the potential pay-off justifies.
Surveys acknowledge that CPAs, ACCAs,...

Continue Reading...

Family Office - Multi vs Single

Aug 03, 2020

 As the interest in both single and multi-family offices increases, do not worry what the system tells you: define the mission from the family perspective, and then you will decide how to execute that mission.

Let us visit the definitions of Single Family Office (SFO) and Multi-Family Office (MFO). What is your definition as the right one? If you do not have a definition, let me share with you the meaning that The Private Wealth & Family Office has defined:


A (Single) family office is a privately controlled (group of) staff employed within or outside a dedicated structure that assists a family with the organisation, management, and maintenance of all or parts of their assets, needs, and wishes with a core focus on wealth creation, protection, growth and succession planning. The “family” defines the mission of the "office" which is to ensure the family’s prosperity by collectively directing the affairs of the family while meeting the appropriate...

Continue Reading...

The rise of the Family Office

Jul 22, 2020

The new reality is that societies are now reaching out to become knowledge-driven. What was kept away and treated as the privy of the few is now available to more.

There are more professionals trained willing to be at the service of clients and not just line their pockets.  The private citizens and families have now realised that they need to take ownership of their wealth and not leave it on a discretionary basis to Bankers and Investment managers. Looking after their Wealth may even involve periods of NOT investing which hardly any Banker or Investment Manager will ever recommend.

New Family Offices have been opening continuously over the years silently but most not necessarily using the name. So the need to exert more control over their wealth future will lead to more private citizens and families opening their wealth entity and whether they call it "Family Office" is only a detail. It is about taking ownership and not leaving it for the system to control!

Become Swiss...

Continue Reading...

Switzerland for Financial Security

Jul 20, 2020

Switzerland is among the best countries globally for the financial security of its citizens.

This mindset is in the DNA of the nation from the Federal Government to the Local councils and the private citizens. Switzerland has one of the highest, if not the highest Gross financial wealth per adult.

One way of understanding this Swiss preoccupation is to look at its the Swiss pension system.

Swiss pension has three pillars to ensure financial security for people in Switzerland in their old age, in the event of disability and in death cases. The pension model is one of the most reliable in the world. It has proven its merits over many decades, and it dates back to 1948.

This three-pillar system has been enshrined in the Federal Swiss constitution since 1972. It is based on the interaction between state protection of basic livelihood, occupational benefits insurance (which includes employers), and tax-privileged private pension provision. The Swiss pension system is a key supportive...

Continue Reading...

Is a PWFO a Family Office?

Jul 17, 2020

A PWFO Swiss Certified is a member of the Private Wealth & Family Office, an Association that encourages the professional development and continuing education of its members in the domain of financial services, in particular private wealth and family office services.

A PWFO is a Practitioner assisting clients in all the latter’s wealth matters from an accounting, controlling, and risk management perspective.

A PWFO, for the account of his/her client, selects, validate and monitor banks, asset managers, and other service providers to ensure that the client’s objectives are achieved.

A PWFO gives the clients back control back over their assets, have better visibility of the charges being incurred, and a clearer view of risk-return performances.
So a PWFO does practice as a Family Office – I did!
The mission of PWFO Association is to become:
To become the standard-bearer for the creation and protection of wealth for all private citizens and families....

Continue Reading...


Jul 14, 2020

There are very few international jurisdictions that provide a legal definition of the term “family office”.  Switzerland does not.

It is not the term that matters but the legal form that the operations will take and the services that form will provide.  There are can be cases where there are no legal forms, investment are made by the economic beneficiary.

If the family employs dedicated resources then it is preferable to have a limitation of personal liability for their managers by setting up bodies limited by shares or limited liability company.

In Switzerland, the main laws that any Family Office has to respect are the Anti-Money Laundering Act (AMLA)and the Collective Investment Schemes Act (CISA).

Even with the new legislation, namely, the Financial Services Act (FinSA)and the Financial Institutions Act (FIA) there is no general requirement for family offices to be authorized.

The test is still dependent on the services that the entity intends to offer.

Continue Reading...

Switzerland number 1 on the Global Entrepreneurship Monitor

Jul 10, 2020

Switzerland spearheads the rank of 54 countries that participated in the study by Global Entrepreneurship Monitor’s (GEM) latest Global Report on the ease of starting and developing a business. Located in the Western Europe region, Switzerland is centrally located benefitting from the proximity to economically strong countries such as Germany, Italy, and France.

It offers the best environment for logistical operations, capital raising, and other important business activities.

Because of this, Switzerland is a great starting point for businesses that want to enter the European market.

Switzerland is also suitable as a test market for new products or services before making the decision of conquering the rest of Europe.

Asides from its strategic location, Switzerland also has access to the European market without facing the regulatory disadvantages of the EU space.

Be serious about wanting to develop!

Click Here

Continue Reading...
1 2

50% Complete

Two Step

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.