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Category: Family Office

Jack Laurier: Luxury Real Estate as an Investment Vehicle

EMN

For Estate Managers and Family Offices looking for solutions to monetize and manage little or unused residential properties, converting them to vacation rentals has become an appealing option. JL │ Jack Laurier, a boutique luxury real estate operator and advisory firm, has emerged as a significant player in the Single Family Leisure (SFL) real estate sector, positioning these assets as institutional-grade investments for Ultra High Net Worth (UHNW) individuals.

Appraising the Value of Art

Kimberly Varney

Knowing the value of a work of art is essential to properly protect and insure a piece for display, storage, loan, donation, or sale. The best way to get an accurate value is to commission an appraisal.  

Collection Management 101

Elizabeth Ruffner

Cataloging serves as the crucial first step in effectively managing a principal’s fine art collection. This entails meticulously gathering and documenting all pertinent information for each artwork.

Ask an Expert – Leo Crane on Owner’s Representation.

Kimberly Varney

For our inaugural ‘Ask an Expert’ chat, I had the opportunity to speak about Owner’s Representation with Leo Crane, the founder of Summit Point Consulting. Our conversation shed light on the role of an owner’s representative and the multifaceted challenges and strategies inherent in project management.

Giving Thanks to Household Staff

Kimberly Varney

The act of holiday gift-giving to household staff is not merely a customary gesture but a nuanced practice requiring careful consideration. A clear understanding of industry standards for cash gifts combined with meaningful, personalized gestures let your staff know they are seen and appreciated. 

Employee Expense Policies

Kimberly Varney

A good employee expense policy and proper tools to facilitate expense reporting can lead to many positive outcomes, such as increased trust and productivity, improved morale, and easier financial management.

Navigating the Process of Requesting Additional Staff

Kimberly Varney

Approaching the owner and/or their financial manager to discuss additional staffing needs requires a tactful and strategic approach. We’ve created a guide for Estate Managers with some key points to effectively communicate the need for expanding household staff, ensuring a successful outcome for all parties involved.

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