“A wise man is the one who knows
not everything, just the necessary.”
Eskhil, Ancient Philosopher
|Welcome to the MB GROUP SWITZERLAND AG Resource Center, a host of
sophisticated wealth management material including articles from a broad range of industry resources.
This section covers issues related to the management of businesses and family-owned capital,
and the transfer of assets via inheritance. It also contains in-depth information about Family Office structures and
the services they offer, such as asset protection and management of multi-generational wealth.
Resources such as articles, comments from professionals, summaries, and forecasts will help
you navigate the subtleties of no-risk capital investment in Switzerland for the benefit of your Family.
This collection of valuable knowledge will be particularly useful for high-net-worth individuals, who are considering
drawing up a long-term strategy for the ownership and management of their Family assets.
Millionaires form Family Offices
to avoid private banks
Stephen Diggle, who co-founded a hedge fund that made $2.7 billion for investors in 2007 and 2008, set up a family office
to manage the millions in fees he earned, instead of entrusting his wealth to private bankers.
Diamonds surpassing gold as investors’ key target
Over the past couple of years, diamonds have been steadily becoming sought-after ‘investing gems’ around the world, thanks
to the stone’s spectacular performance.
Hot Rocks: China revs Diamond Market
Chinese demand has helped more than double the prices of rare diamonds over the past five years, according to an industry
group, as Chinese investors look for places to park their growing wealth.
Family Office Business (“FOB”)
The governance of family business can be very complex due to the crucial role played by the family and the family
dynamics that are often present.
Pure luxury – thanks to Empa technology: finest silk – purest gold
Tie, bow-tie and pocket handkerchief made of high-tech gold fabric. Plating: 24 carat pure gold.
Who should – and shouldn’t – run the Family Business
Family-owned companies run by outsiders appear to be better managed than other companies, a study finds, while
family-owned companies run by eldest sons tend to be managed relatively poorly.
Sotheby’s yellow diamond to sell at record price
GENEVA, Nov. 9 – An exceptional yellow diamond will be on auction at Sotheby’s Geneva Sale next Tuesday with an
estimated price of 11 to 15 million U.S. dollars, the highest ever of its kind, the auction house said on Wednesday.
Succession of Family Businesses – do values play a role?
By all objective standards, you have a successful family business. Income exceeds expenses, you and other executives
receive generous compensation, you have a competent and loyal workforce and the business has a good reputation in the
Why is there 65% likelihood in the second generation and 90% likelihood in the third generation that this
business will be sold or fail?
Diamond investment market to gain on Anglo American
buyout of Oppenheimer stake in De Beers
Anglo American Plc has agreed to buy the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion. This deal
marks the end of the iconic century-old involvement of the Oppenheimer’s in the diamond industry and giving Anglo as
much as an 85 percent stake in the world’s largest diamond company.
The Five Attributes of enduring Family Businesses
Family businesses are an often overlooked form of ownership. Yet they are all around us – from neighborhood mom-and-pop
stores and the millions of small and mid-size companies that underpin many economies to household names such as BMW,
Samsung, and Wal-Mart Stores.
Family Offices in Europe and the United States –
a different evolution with common objectives
Opposed to common belief, although the term “family office” originates from the US, the concept of generic “offices”
or “gatekeepers”, “protectors of family wealth” etc. goes considerably further back, i.e. to the Crusades and the
concept of the “trust”, but also to banking families in Europe (Medicis, Rothschilds).
Is a Family Office within reach?
Similar to successful companies, as families grow and prosper, they may find themselves needing more resources to
manage their assets; they may need a family office. New options are making this support available for more families
The Family Enterprise evolution: addition of the
Family Office to complement the Family Business
Family offices continued to grow in popularity. Yet the high cost of operating a family office restricted its
availability to the super rich. Today, the average cost of running a family office exceeds $3 million per year.
Keeping the Family in Business
In advanced economies, as well as in emerging markets, most companies start out as family-owned businesses. From their
humble beginnings, driven by entrepreneurial vision and energy, some have grown to become major forces in their economies.
The Functions of a Family Office
Families today face the challenge of keeping family wealth in the family, while continuing the legacy of the wealth
creator. Many families believe that their family wealth is more than just financial capital and includes the human
and intellectual capital of the family too. People are the most important assets that a family possesses.