FFOX provides resources, connections, and knowledge to help wealthy families manage enterprises and grow wealth across generations. It is a membership network that brings together families, family-office executives, and trusted advisors, offering global research, education, governance and investment guidance, and advisory services. It differentiates itself with a long-running, global community focused on multi-family offices and their advisers, enabling cross-border learning and continuity. Its goal is to help families preserve and grow wealth over time through shared knowledge, trusted networks, and practical guidance.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, IL
Founded
1989
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NEW YORK, March 5, 2025 /PRNewswire/ -- SumIt, a powerful, multi-entity general ledger and accounting platform built by family offices for family offices, today announces integrations with Bill for streamlined payments and Addepar for enhanced investment tracking. These additions provide family offices and high-net-worth individuals with a more holistic, user-friendly solution for increasingly complex financial operations.In 2024, Deloitte estimated there were approximately 8,030 family offices worldwide—a 31% increase since 2019—with projections reaching 10,720 by 2030. This swift expansion underscores the rising need for robust, intuitive accounting software tailored to family offices. SumIt addresses this demand by enabling users to manage multiple entities, record journal entries, and generate consolidated reports with just a few clicks. The platform's intuitive interface provides a clear visualization of trusts, LLCs, and other structures enhanced by AI-driven transaction categorization.Many family office accounting platforms promised to unify family office accounting and workflows, but, in practice, they were too complicated for many. On the other end of the spectrum, overly simplistic solutions lacked crucial features needed by family offices
The Archdiocese of Philadelphia's Office for Life and Family has partnered with its Office for Persons with Disabilities to launch the Peace in the Storm Project.
The Family Office, a wealth management firm based in Bahrain, has introduced its new Invest Now Pay Later service for the private market investments sector.
Family Office Exchange, aka, FOX, has appointed Gaby Griffin and David Toth as interim co-presidents.
MANAMA: The Family Office Company is set to launch a new digital interface next month aimed at empowering clients and prospects with simulators, tools, and insights.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Chicago, IL
Founded
1989
Find jobs on Simplify and start your career today
We update Family Office Exchange's jobs every few hours, so check again soon!Browse all jobs