Decentralized AI: The Future of Tech Beyond Big Cloud
At the AI Summit at Consensus 2024, Alex Goh, founder and chairman of EMC, argued that centralized AI models are...
From Profit to Purpose: Family Offices Embrace Conscious Capitalism
Family Offices are embracing the concept of conscious capitalism, popularized by Whole Foods co-founder John Mackey and author Raj Sisodia.
Boom in Family Offices: Perth’s Golden Triangle Attracts the Ultra-Wealthy
Perth, Australia, has seen a significant rise in family offices, specialized entities managing the wealth of ultra-rich families.
Cyberattacks Surge on Family Offices: Are You Prepared?
Family offices, managing vast sums for wealthy families, have become prime targets for cybercriminals.
The $6 Trillion Shift: Family Offices Move to Private Markets
Large family offices are shifting away from the stock market, with nearly 46% of their total portfolio now invested in...
Family Offices Eye AI: A $600 Billion Opportunity
Artificial intelligence (AI) has emerged as the top investment theme for family offices, according to the UBS Global Family Office...
The Untold Power of Family Offices in Modern Investing
Family offices have transitioned from discreet entities to major financial powerhouses.
From Barbie to Gap: Richard Dickson’s Mission to Make Gap Cool Again
Richard Dickson, who previously revived the Barbie brand, became Gap's CEO in August 2023.
Can Kevin Plank Revive Under Armour? Major Restructuring Announced
Under Armour, under returning founder Kevin Plank, announced a major restructuring plan to address declining revenue.
Why Luxury Brands Like Gucci Are Struggling to Regain Their Shine
Gucci's sales plunged 18% in the first quarter of 2024, driven by declining interest in its designs, especially among Chinese...
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser