THE ISLE OF MAN INDABA BLOG

South Africa 2023

ISLE OF MAN INDABA BLOG

Press Release: Indaba October 2022

Press Release: Indaba October 2022

PRESS RELEASE Isle of Man Indaba – October 2022 The Isle of Man Indaba delegation recently completed its second visit to South Africa to discuss the synergies between the Isle of Man and South Africa and the opportunities to do business. This time the delegation was...

How to Invest Offshore: South Africa

How to Invest Offshore: South Africa

I have been working at Capital International Group for over a year now and admittedly, it’s been a fairly sharp learning curve. After initially being dropped in at the deep-end, I now know the offshore market in South Africa inside-out, so when I recently caught up...

Isle of Man – A Safe Base for a Family Office

Isle of Man – A Safe Base for a Family Office

BY BOSTON MULTI FAMILY OFFICE What is a Family Office? ‘Family office’ is a term that is now used extensively by a number of financial organisations including major banks, hedge funds, asset managers and others. In essence the term refers to the provision of financial...

The Importance of Remaining Invested

The Importance of Remaining Invested

The importance of remaining invested Several major global events – including most recently the coronavirus pandemic and the Russia/Ukraine situation – have prompted some investors in South Africa and across the world to flee financial markets, but history shows this...

Retirement Planning Solutions

Retirement Planning Solutions

In Finance Isle of Man’s edition of Talking Global Finance, they explore the world of retirement provision and pensions including the South African market, in particular the challenges and considerations facing individuals with an international investment focus....

Moving to the Isle of Man

Moving to the Isle of Man

Nick Preskey, Inward Investment Manager at Locate Isle of Man, discusses what key considerations relocating individuals and businesses need to take before making the move from South Africa to the Isle of Man. Having relocated to the Isle of Man with my family some...

Boston Multi Family Office – What is a Family Office

Boston Multi Family Office – What is a Family Office

What is a Family Office? ‘Family office’ is a term that is now used extensively by a number of financial organisations including major banks, hedge funds, asset managers and others. In essence the term refers to the provision of financial services to wealthy families....

Functions of a MFO

Functions of a MFO

What should one expect from a multi-family office? We see it often.  A service provider advertising and publicising itself as a multi-family office. The website looks great, the content is interesting and it explains very well why that service provider should be the...

Introduction to multi-family offices

Introduction to multi-family offices

When is one wealthy enough to join a multi-family office? We are regularly asked by wealth creators about the appropriate time to set up their own family offices. The answer is not as simple as the question. There are numerous factors to be considered and having a net...

Is a family office suitable for you?

Is a family office suitable for you?

Compelling reasons to join a multi-family office Family offices have become increasingly popular. With the added distress of the Covid 19 pandemic, families are being compelled to either join multi-family offices or to set up their own single family offices.  In this...

Wealth Succession Planning

Wealth Succession Planning

How family succession planning could help protect your family’s future      Canaccord Genuity independent wealth planners believe that wealth succession planning should be a key discussion point and incorporated into your financial plans as early as possible. However,...

Succession Planning – It’s never too late to start

Succession Planning – It’s never too late to start

We often hear the words “succession planning”.   It is all too clear that circumstances can change quickly in ways that are beyond our control.  Although planning should be done as early as possible, it is never too late to start, so it is important that you give...

Which Offshore Jurisdiction is For You?

Which Offshore Jurisdiction is For You?

Why is jurisdiction such an important consideration when selecting an offshore investment platform? I had a very interesting meeting and discussion recently with an IFA and their High Net Worth client. They were looking to invest monies internationally, considering...

The Balancing Act

The Balancing Act

What to expect from the family trust. “Trusts has no value to Millennials and Gen X.  For them it has become an obstacle to their wealth and they don’t understand why they can’t have it now.”  That was a statement by a client that prompted me to consider the...