PMG PRIVATE WEALTH

---

Family offices and private wealth investors face a private markets landscape that was not designed with their specific needs in mind. The fund structures, governance frameworks, reporting standards, and liquidity mechanisms that dominate the asset class were built for large institutional investors. Applying them to family office portfolios requires careful analysis that is not always provided.

PMG Private Wealth publishes weekly analysis for single-family offices, multi-family offices, and private wealth professionals — research that addresses their specific circumstances, not institutional investor content with the logo changed.

Portfolio construction — allocation sizing, concentration risk, pacing, and how private market exposure interacts with operating businesses, real estate, and liquid assets. Performance measurement and total cost of ownership — management fees, carried interest, transaction costs, and how to read quarterly NAV statements critically.

Co-investment and direct investment programs — performance evidence after a full market cycle, governance requirements, and common failure modes. Succession planning for illiquid portfolios — the estate planning, legal, and tax complications that standard frameworks are not designed to handle.

MFO selection — what institutional-grade due diligence looks like and why most families do not apply it. SFO talent and compensation — what the best family office investment teams have in common. Next generation investment committees — how second and third generation preferences are changing family office allocation. Regulatory developments affecting private wealth investors including Consumer Duty, EIS, SEIS, and tax policy changes.

Every article is strictly neutral and analytical, drawing on published research from UBS, Goldman Sachs Family Office Research, STEP, and ILPA. 

We do not manage money and have no commercial relationships with fund managers or advisers.

New analysis published every week.