Technology

The Benefits and Pitfalls of Family Office Technology Upgrades

Patty Esslinger is vice president and head of product for Trove, a multifamily office. She joined about a year ago and has been evaluating technology needs for Trove and its clients. She discusses issues family office leaders should consider when evaluating technology, including how to ensure “the juice is worth the squeeze.”

Focus on Integration and Operations: Trends in Family Office Tech

Adriana Zalucka, co-founder of FOTechHub: Family Office Tech & Ops Resource, speaks frequently with family office leaders about the challenges of adopting technology for family office operations. She talks about the issues they face around operations and workflow

Most Family Offices Invest in AI, but Far Fewer Use It

Family offices have added artificial intelligence to their investment portfolios at a healthy clip — but they are moving much more slowly when it comes to adopting the technology for their own operations, according to a new Citi Private Bank survey.

AI Risks and Rewards for Family Offices

AI offers family offices new paths to increased productivity but also unfortunately provides a new avenue for cybercriminals looking to exploit wealthy families.

Family Offices Make Modernizing Their Tech a Top Priority

Family offices and the technology available to run them are both becoming more sophisticated, leading to an increased push for upgrades. According to the inaugural edition of Deloitte Private’s Family Office Insights Series - Global Edition, modernizing the technological operations of family offices is among the top 10 family office trends this year.