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CHICAGO, Aug. 07, 2018 (GLOBE NEWSWIRE) -- The Family Wealth Alliance (“The Alliance”), a connector and researcher of organizations in the family wealth space, released today its inaugural Healthcare Study. The report gauges the scope of involvement by family wealth firms in the healthcare needs of their clients, evaluates client demand for services, and assesses trends in health care-related services.
"As we all live longer, families are being challenged to adjust their plans to keep pace,” commented Thomas R. Livergood, Family Wealth Alliance Founder and Chief Executive Officer. He added, “So too are family wealth firms being called upon to expand the healthcare-related services for aging clients and their private families."
Study participants rate health insurance the biggest healthcare-related issue facing their clients today. Key findings of the study include:
A total of 50 firms participated in the study. Most (52%) were multifamily offices. Also included were single-family offices (20%), wealth managers and firms serving as external chief investment officers to families (14%), and industry support firms (14%), chiefly accounting-based service providers.
About The Family Wealth Alliance
The Family Wealth Alliance convenes family wealth firms and organizations providing specialty services that, together, serve select private families across North America. The organization also provides thought leadership via Alliance Research. For more information about thought leadership, membership and networking opportunities offered by The Alliance, please visit www.FamilyWealthAlliance.com.
Contact:
Robert Casey, Senior Managing Director
Family Wealth Alliance
312-248-8820, ext. 705
Bob@FWAlliance.com