Wealth

Philanthropy has emerged as a keystone of family office strategies, reflecting the values, legacy, and long-term vision of the families they serve. In Latin America, where the socio-political and economic landscape is plagued with challenges, philanthropy is an opportunity to give back and a tool for driving meaningful change. Family

With family enterprises forming the backbone of the region’s economy, the generational transition takes on particular importance in Latin America, where business owners must also grapple with economic volatility, political instability – and a generation of heirs more ready to take risks than their parents. Generational transition is particularly important

Across industries—from technology and finance to entertainment and real estate—more HNWIs are bypassing traditional financial institutions in favor of Family Offices. This shift is reshaping private markets, signaling a transition toward independence, privacy, and bespoke financial strategies that are redefining global wealth management. | THE EXPANDING ROLE OF FAMILY

Other industries have always influenced wealth management. The principle of "don't put all your eggs in one basket" is believed to have originated with maritime traders in the Middle Ages. Rather than placing all their goods on a single ship, they spread their cargo across multiple

| INTRODUCTION Family offices differ significantly from institutional investors, ultra-high-net-worth individuals (UHNWIs), or other wealthy investors. Unlike these groups, family offices often have direct investments in companies they own or partially own, alongside holdings in liquid and illiquid assets, including public equities, fixed income, real estate, private equity, and venture capital.

Despite three years of uncertainty and market volatility (2020-2022) given Covid-19, oil prices swings, inflationary pressures, and the Russia-Ukraine war, 2023 and 2024 have been turnaround years. During 2023-2024, the economy experienced a supply-side economic effect which led to an increase in production of goods and services, expansion of employment