Abstract ceiling of modern architecture

Second Quarter 2025

Our latest edition of the UBS Family Office Quarterly features articles and conversations with specialists from UBS as well as leading experts. Explore insights on the multiple dimensions of starting and managing a family office.

Highlights

Gain industry-leading family office insights

Fill out the form below to download the latest journal and receive future editions.

Marketing Form
Legal note Legal note

The data entered into this form is transmitted encrypted to UBS Switzerland AG via the internet and distributed to local UBS offices appropriately. Nevertheless, in order to maintain discretion, please do not include any confidential data such as account numbers. Via this form UBS does not accept any instructions for business transactions such as the opening of accounts, payment orders, trading orders, revocations of orders or authorizations, blocking of credit cards, changes of address, etc. Please contact the appropriate office or your client advisor for such transactions.

By providing your telephone number and/or e-mail address above you expressly approve UBS contacting you via telephone and/or via unsecured e-mail. To improve the ability of UBS to advise you on your financial questions, UBS will provide your contact information to a trusted third party, which will provide UBS with publicly available information about you. This information will be for UBS internal use only and will not be shared in any way outside of the company.

Please note: The use of e-mail can involve substantial risks such as lack of confidentiality, potential manipulation of contents or sender's address, wrong recipient, viruses etc. UBS assumes no responsibility for any loss or damage resulting from the use of e-mails. UBS recommends in particular that you do not send any sensitive information, that you do not include details of the previous message in any reply, and that you enter e-mail addresses manually every time you write an e-mail.

As a firm providing wealth management services to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SEC-registered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business, that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. A small number of our financial advisors are not permitted to offer advisory services to you, and can only work with you directly as UBS broker-dealer representatives. Your financial advisor will let you know if this is the case and, if you desire advisory services, will be happy to refer you to another financial advisor who can help you. Our agreements and disclosures will inform you about whether we and our financial advisors are acting in our capacity as an investment adviser or broker-dealer. For more information, please review the PDF document at ubs.com/relationshipsummary.

I confirm that I understand the legal note above and have taken note of and accept the above given risks as well as the terms of use and the privacy statement relating to the UBS website. I agree that any personal data provided may be used by UBS for its own marketing purposes.

Miss the last Quarterly?

Why is a modern approach to structuring and managing family offices critical as they evolve? Why is this an optimal time for collectors to enter the art market? What new resources are available as a result of Family Office 3.0? Why are private trust companies (PTCs) growing in popularity? Gain these and other insights in the 2025 first edition of the UBS Family Office Quarterly.

Explore more insights

UBS Family Office

31:01

Long-term compensation strategies for FO Executives (Part 2)

Patrick McCurry, Partner at McDermott Will & Emery, and Mark Tepsich, Family Office Design and Governance Strategist, continue their exploration of common types of long-term compensation plans for family offices and their key executives. The conversation considers different compensation strategies as well as the overall process.

28:19

Long-term compensation strategies for FO Executives (Part 1)

Patrick McCurry, Partner at McDermott Will & Emery, and Mark Tepsich, Family Office Design and Governance Strategist, discuss common types of long-term compensation plans for family offices and their key executives. The conversation considers different compensation strategies as well as the overall process.

33:05

The role of family governance in educating the next generation

Kirby Rosplock, Ph.D., Founder and CEO of Tamarind Partners, talks with Mark Tepsich, Family Office Design and Governance Strategist for UBS Family Office Solutions. They discuss how education and family governance go hand in hand, especially when it comes to preparing the next generation for the responsibilities of managing significant wealth and complexities that come with it.

33:05

The role of family governance in educating the next generation

Kirby Rosplock, Ph.D., Founder and CEO of Tamarind Partners, talk with Mark Tepsich, Family Office Design and Governance Strategist for UBS Family Office Solutions. They discuss how education and family governance go hand in hand, especially when it comes to preparing the next generation for the responsibilities of managing significant wealth and complexities that come with it.

31:53

The general counsel and its value add to a family office

Why should family offices have an in-house general counsel? What qualifications should family offices consider when seeking to hire an in-house general counsel? Eskor Edem, Director at Major & Africa, and Mike Gabrail, General Counsel at Crossroads Group. discuss these and other important dynamics of the general counsel in family offices with Mark Tepsich, Family Office Design and Governance Strategist for UBS Family Office Solutions.

Get in touch

Together, we can help you pursue what’s important