• Proposed Securities Legislation Could Significantly Change the Landscape of Family Office Investment Management Activities
  • August 19, 2009 | Authors: Amelia S. Renkert-Thomas; Joseph A. Field; David S. Guin
  • Law Firms: Withers Bergman LLP/Withers LLP - New Haven Office; Withers Bergman LLP/Withers LLP - New York Office
  • A key aspect of the management of multi-generational wealth is the diversification of a family's investments. Whether investment management is done through a single-family office, a multi-family office, or a virtual family office, the same asset allocation concerns arise. A family office that advises on a family's investments must consider whether and to what extent it (or its associated private investment company) is subject to the investment adviser or investment company rules administered by the US Securities and Exchange Commission ("SEC").