CHICAGO, March 19, 2014 (GLOBE NEWSWIRE) -- Family Office Exchange (FOX), a global membership organization of wealthy families, single family offices and their advisors, was honored for "outstanding contribution to wealth management thought leadership" at the inaugural Family Wealth Report Awards held March 13 in New York City.
The Family Wealth Report Awards showcase 'best of breed' providers in the global private banking, wealth management and trusted advisor communities. The awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have "demonstrated innovation and excellence during 2013." Christopher Kennedy Lawford presented the awards during a gala black-tie dinner, at The Metropolitan Club in New York.
Family Wealth Report honored FOX for outstanding contribution to wealth management thought leadership from an individual or independent firm. Notable FOX thought leadership contributions in 2013 include the "FOX Guide to the Professional Family Office," "Family Office Compensation & Benefits," "Technology in the Family Office," and the "2013 FOX Investment Survey."
"Thought leadership is at the essence of FOX," says FOX Founder and CEO Sara Hamilton. "We strive to keep our members abreast of the latest trends, whether they are a business owning family, a newly liquid family establishing their family office for the first time, a multi-generational family enterprise, a family office opening their doors for the first time, or a wealth advisor looking for guidance on how to best serve this market. Enhanced professionalism benefits everyone. Our library of industry knowledge, based on our commitment to research and best practices, is what has consistently differentiated FOX from other family office networking groups."
Family Wealth Report also recognized several FOX member organizations at the event. They were:
- Pitcairn - Multi-family Office (up to and including $4 billion AuM)
- CTC Consulting/Harris myCFO - Multi-family Office (above $4 billion AuM)
- Vogel Consulting - Multi-family Office (regional)
- Abbot Downing - National Private Wealth Manager
- Advent Software - CRM System
- Crystal & Company - Insurance Solution
- Leslie Voth of Pitcairn - Women in Wealth Management (individual contribution)
- US Trust, Bank of America Private Wealth Management - Women in Wealth Management (company contribution)
- Ascent Private Capital Management of US Bank - Branch Launch or Relaunch
- BNY Mellon Wealth Management - Private Bank (offering for family offices)
About Family Office Exchange
Family Office Exchange supports a global member network of wealthy families and their advisors who are pursuing best practices for optimal management of their families' enterprise wealth and legacy. The community includes over 8,000 people from 760 organizations in 20 countries who utilize FOX's resources each year for advice, networking, education, and comparative metrics.
FOX is headquartered in Chicago and London, with an office in New York. For more information about FOX, call 1.312.327.1200 (The Americas) or 44.(0)20.7520.9443 (Europe, Africa, Asia/Pacific) or visit www.familyoffice.com.
The Family Office Exchange LLC logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13984