Chefs, Nannies, and Household Help: The Labor Behind Affluent Life
About 2.2 million people work in private homes in the US. At the top, household help is a six-figure profession; at the bottom, a workforce the FLSA only partially covers.
About 2.2 million people work in private homes in the US. At the top, household help is a six-figure profession; at the bottom, a workforce the FLSA only partially covers.
There are about 8,030 single family offices in the world — private companies that run one family’s money, taxes, household, and philanthropy. Inside how they work.
US family offices now hold 54% of their portfolios in alternatives — private equity, real estate, private credit, hedge funds, art, farmland. A clear look at how it works.
The top US private banks open at $10M, not $1M. The seven-tier wealth-management ladder — what each one costs, and what fees do not actually tell you.
A working map of the four wealth tiers — $1M, $10M, $100M, $1B. What each one is, what it buys, and what does not change as the number gets larger.