Parkin, Shaun
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(Article) Getting your house in order
01.12.2019
Shaun Parkin, Australia, points out that some of the more mundane details in running a family office are often overlooked - but should not be. Money can be saved by attention to these details. He looks at the benefits of a dive into those aspects of running a single or multi-family office that are often overlooked. He lists specific areas that can lead to improvement and often also result in savings: costs - where they can sneak up and where to look for immediate reduction implementation - where are the costs and inefficiencies? operations - a chance to review and optimise without affecting trusted relationships technology - ?feature creep' and the scourge of over-complication where next and how to keep on top of new trends. -
(Article) Exchange traded funds as an engagement tool - why 'dumb money' investing is the smart way to engage the next generation family members
01.06.2020
We lead with a fresh use of an investment tool geared to the next generation. The author, Shaun Parkin (Australia), begins with the fact that "the need to engage the next generation on investments has never been more important". And yet many of the standard approaches fail to gain the interest of the younger family members, which does not bode well for generational success. He steps through how to use ETFs and explains why they engage the younger family members. This is a great tool for families to consider. (Note: Shaun was referred to the Journal by a previous contributor - our network keeps growing.)