Family Offices Increasingly Looking to Next Generation

Bank of America Private Bank Head of Family Office Solutions Elizabeth Thiessen believes that the widespread wealth transfer that is occurring across the US is also affecting family offices, as a majority are beginning to think about a new generation and era of investing with an “increased focus on philanthropy and a definite increase use of technology.” She joined Carol Massar and Tim Stenovec on ‘Bloomberg Businessweek Daily’ to break down the evolution of family office investing. (Source: Bloomberg)