Manhattan Reborn 1978

new York.

Manhattan.

42nd Street, above Wildfire Bar.

The thick night outside the window did not make the people indoors feel tired at all. .

in the living room.

Cui Yingying and the maid Chaxida, holding desserts and fruits in their hands respectively, presented "combat nutritional consumption supplement" to the ladies. .

The "women's gang" formed by Polly, Susan, Lilith, Laura, Livlin and Zina, who was specially called by David, seemed to have endless topics to talk about. .

Even David, who always liked sitting among women and chatting, was "disgusted + boycotted" by them and rushed to the study. .

in the study.

Steward Acklade held two plates in his hands and smiled at Pine and Leslie.

"Please try the little desserts made with Brazilian flavor and French baking techniques~"

"Thank you!"

Pine and Leslie took the warm towel from Aclade, wiped their hands, and picked up the sweets to taste.

"This is a noodle with fruit filling...?"

"Wow~ Hahaha!"

“Yum! It’s great!”

"Acklade, please have some too~" David said as he threw a small piece of snack into his mouth.

"Ok!"

Butler Acklade gently tapped a small snack with his finger, nodded to the three of them with a smile, and walked out of the study.

Pine chewed the snacks in his mouth, glanced at the back of the butler Aclade thoughtfully, and said nothing~

David accidentally noticed his "strangeness", raised his eyebrows with a smile, leaned back on the sofa and smiled at the two of them.

"I just discovered today that it turns out that women get together and chat non-stop...it really makes my head hurt..."

"Hahaha~"

Leslie gloated and patted his thigh and said with a smile: "Yes!"

"You brought this on yourself... Who can you blame?"

"fxxxyou!"

"Hey hey hey~"

Pine heard the "interaction" between the two and couldn't help shaking his head and laughing: "I once... heard someone say that if someone could achieve a perfect balance between all the conflicts between family, friends and career. . . ”

"He is willing to call that person...Dad!"

"waht?"

"Who did you listen to?"

"I told you, someone!"

"Tsk tsk~ It can't be you, right?"

"Why don't you dare to admit it?"

"Hey...it's really not me!"

"..real!?"

"real!!"

"Cut~"

David and Leslie raised their middle fingers to Pine in perfect agreement. .

Pine reached out and picked up the juice, took a sip, chose to turn a blind eye to the "contempt" of the two people, and asked David with a smile.

"Have you decided on the proposal we just made?"

David also picked up the juice, put it to his lips for a moment, turned to look at Leslie and asked: "Who are you... representing?"

"Me? Haha~"

"I... can't represent anyone~"

"I'm just a messenger!"

"So no matter what decision you make, you can ignore my factor!"

"..ok!"

"I'll join!"

"But, can any of you explain to me in detail, what does a family office do?"

When Leslie heard this question, he simply shook his head and asked Pine, "Can you explain it to him?"

"Ok!"

Pine took a sip of juice and said slowly, obviously more relaxed: "Family Office, or fo for short."

"The family office (fo) originated from the great Domus (family director) in ancient Rome and the great Domo (general steward) in the Middle Ages."

"The positioning of a family office (fo) is generally a team of staff that surrounds the core members of the family."

"In other words, fo can help them manage high-quality and effective management of family members' financial, security, social, and even... emotional problems or needs."

"In addition, it also shoulders the responsibility of communicating and making suggestions for all matters related to the family, both internal and external."

"It will completely stand on the family's side and solve the difficulties or crises the family encounters~"

"So fo's senior management generally plays the role of core staff in the family and plays a decisive role!"

Pine put down the juice glass in his hand, raised two fingers to David, and continued with a smile.

"The modern meaning of family office first appeared in the last century..."

"It is said that in 1868, Thomas Mellon established the first family office after possessing the huge wealth of Mellon Bank~"

"Then, in the late 1880s, the Rockefeller family followed suit and established their own family office."

"So, after a hundred years of development, it has gradually evolved into two major categories~"

"That is: single family office (SingleFamilyOffice, SFO), and multi-family office, or it can also be called... multi-family office (multiFamilyOffice, MFO)."

"A single family office (sfo) is an FO that only provides services to one family."

“The business and work content of a single-family office is only based on the needs of the relevant families~”

"As a Securities and Exchange Commission (SEC) executive commented: It is a legal entity established by wealthy individuals to conduct wealth management, wealth planning, and provide other services to family members."

Pine put down the two raised fingers and showed his hands to David: "There are currently more than 1500 active SFOs in the world in the United States alone, and there are also more than 1000 in Europe."

"However, family offices of this type do not have a unified organizational structure and appear in various forms around the world."

"Someone once described that entering the world of SFO is like entering a virgin forest..."

"Different SFOs are like completely different creatures. They have different shapes, and their main business, functions or powers are also very different~"

"But even though the world of SFO is very...complex, people can still roughly divide it into three types based on its main work content and dependence on members outside the family: streamlined, hybrid, and all-round."

"Streamlined type: Mainly responsible for the family's financial, tax and administrative affairs, with very few direct employees, or even only executives or employees within the company or company who are trusted by family members to undertake some work part-time."

"This type of SFO will choose to find private banks, fund companies or consulting companies to undertake corresponding business in terms of investment and consulting."

"You may see departments named investment and development department, strategic investment department, etc. in the organizational structure of some companies."

"They often make investments in their main business while also taking into account some of the functions and work of SOF."

"so.."

David raised his eyebrows, suddenly raised his hand, interrupted Pine, and asked.

"So...the one inside Stanley...the strategic development planning department..."

"Yes!"

Pine nodded with a smile and explained: "At that time, Mr. Morgan asked you to be a consultant because he wanted you to become one of the new members of SFO!"

"Oh... no wonder~"

David scratched his head with his hand and said with a wry smile: "That guy Odis Parker always plays charades with me, telling me what identity I have and what recognition I have gained..."

"That's why he said those weird things...the title of consultant?"

"..Um!"

Pine shook his head slightly speechlessly: "As I just introduced, the form and function of each family's SFO are completely different~"

"The Rockefeller Family Office and the Mellon Family Office are recognized as all-round SFOs."

"And our Morgan Family Office... is more like a hybrid SFO."

"because.."

David interrupted Pine again with clear eyes and continued: "Because... decentralization of power!?"

"..Um!"

"Old Morgan, Julie and Wisler?"

"..Yes!"

"Hi~"

David took a long breath, shook his head with a more bitter smile and said, "No wonder I felt that the three of them spoke in a strange way when I was in the Whistler Manor in London..."

"..Haha~"

Leslie laughed dryly, and joked: "You get together with these three old foxes, and you still want to..."

"fxxx!"

"I will be the son-in-law of the Morgan family soon~ You are telling me this...?"

"...Tch~" Leslie rolled her eyes in disdain and gave David a fierce middle finger gesture. .

David pretended to be a "cute guy who is so angry that he won't pay for his life" and shook his head and asked: "The Morgan family... has its own internal problems and needs me... I can still understand~"

"But you Rockefellers already have an all-around SFO, do you need a genius like me?"

"fxxxyou!"

"Shameless bastard!"

"What kind of shit genius are you?"

"Hahahaha~"

. . .

The three of them talked and laughed for a while.

David further asked Pine about the business functions, scope and positioning of the multi-family office.

The explanation given by Pine is also very simple ~

"A multi-family office (mfo) is an office that works and serves multiple families."

"It can be roughly divided into three categories: One is the transformation from SFO accepting customers from other families."

"Second, the private bank was specially set up in order to better serve large customers~"

"Third, people with professional abilities come from the founder~"

"However, although mfo will serve multiple families, it does not mean that it will be larger than sfo."

"In fact, the wealth management scale of many SFOs exceeds the sum of many MFOs combined."

After listening to this explanation, David still asked with some confusion: "Why do those wealthy people choose to join the MFO instead of setting up their own family's SFO alone?"

Pine tilted his head, shrugged and smiled: "Fo is a very complex and expensive... wealth management tool."

"sfo, even more so!"

"Every establishment of SFO will cost the entire family a lot of time, energy and financial resources~"

"Because the most fundamental reason for establishing sfo is to resolve conflicts of interest within the family + centralized management of wealth and resources + privacy protection!"

"Compared with MFO and SFO, the threshold for participation is lower~"

"All families who join mfo can share resources and information to a certain extent through mfo's service platform~"

"So, the privacy of mfo is worse than that of sfo~"

"The basis of sfo is evolved from fo-mfo according to the unique needs of different families~"

"Oh~"

David made a long sound, pursed his lips and nodded: "I generally understand~"

"Then... I have already agreed to the olive branch offered by you two..."

"Should we talk about...the issue of treatment?"

"I can't...do it for nothing, right?"

"Hahahaha~"

Pine and Leslie both laughed~

Leslie had a look on his face that said he hated iron, and stretched out his hand to Pine and said with a smile: "Bring it here~"

"..."

Pine took out ten knives from his pocket and put them into Leslie's hand. .

David's eyes widened and he asked in disbelief: "You can even bet on this?"

"Hey hey hey~"

"Of course~"

"We are New Yorkers, so of course we can bet on anything!"

"fxxxyou~!"

"And you! fxxxyou!"

"Hahahaha~"

. . .

After David vented his anger to the two of them~

Leslie smiled and raised his index finger, and said with a smile: "The annual salary is [-], with no upper limit!"

"what?"

"This genius...is worth a hundred thousand?"

"Hehe~"

"What about the last half of the sentence? Did you eat it?"

"..cut~"

"Pine, what about you?"

"How much do you want to pay!?"

"I'm telling you, I'm famous. How much work do I get for how much money I get?"

"Hahahaha~"

Pine pointed at David and asked, somewhat dumbfounded: "Lilith...it's all yours, what else do you want?"

"Oh~ nonono!"

David immediately changed his face and said in a very disgraceful manner: "Lilith, she is priceless!"

"She is also free...!"

"No one can use her as a bargaining chip!"

"Anyone, no one!"

"..Haha~"

"Ok!"

The smile on Pine's face also faded, and he raised his hands and said, "Sorry!"

"My fault!"

"I will never say anything like this again from now on~"

"Ok!"

"Then...how much can you give me?"

David continued to have a sullen face and made a gesture of rubbing his fingers and counting money.

Pine was speechless for a few seconds, then shook his head with a wry smile: "Your annual salary as Stanley's consultant has already been paid to your personal account at Morgan Bank."

"Have you never seen it?"

"Forehead.."

David blinked and scratched his cheek: "My account...?"

"How much money is there... I've never paid attention to it~"

"..."

"Hahahaha~"

"You are indeed an asshole!"

"Hahahaha~"

Leslie patted her thigh again and laughed~

"Hehe~"

David also felt that he had made an "own mistake" and he laughed together~

----

The other side of the Pacific.

Island country.

The morning sun is rising slowly in the east~

Tokyo, northwest suburbs.

The cool morning breeze blew away the mist.

In a small European-style building with a courtyard, Kanes Rothschild sat up from the bed in a daze, grabbed his nightgown and put it on his body, and walked into the bathroom.

. . .

ten minutes later.

Carnesi walked out of the bedroom with square steps, waved to Gerald Cavendish Grosvenor and Angres Holm, who were neatly dressed in the living room, and said lazily: "Morning Ah~"

"Hehe~"

Gerald and Holm were sitting on a warm tatami, looking at the two mixed-race beauties from the island country who had been waiting next to them, taking small steps to serve Kanes and sitting opposite, and they couldn't help but raise their eyebrows. .

Jellal asked with a smile in French: "It seems... you can integrate into the life here~"

"Hahahaha~"

Kanes put his arms around the two mixed-race beauties in traditional kimonos beside him, shrugged and said, "How to enjoy a man's life? Do you need anyone to teach you?"

"..Haha~"

"As long as you like it..."

"Tsk~hiss~"

"Listen to your tone...Don't you like beautiful women?"

"Of course I like it~"

"Tch~ isn't that the end?!"

Kanes withdrew one hand, picked up the milk glass in front of him, and said with a smile: "Tell me, you two came to me so early... there must be something wrong!"

Jellal curled his lips and tilted his head to look at Holm beside him.

Holm smiled and took out two very exquisite invitations from his coat pocket and placed them on the small table.

"This is an invitation from New York to the engagement ceremony."

"Oh?"

Kanes was surprised to pick up one, opened it, took a few glances, and said with a smile, "It's the engagement ceremony of David and Lilith."

"That bastard, can he still think of us?"

"Hahaha~"

Holm put his hands back, supporting himself on the tatami, and said with a smile: "We also thought that boy wouldn't say hello to us..."

"As a result...this invitation was sent here this morning~"

"Um.."

Kanes raised his head and drank up the milk, smacked his lips a few times, nodded and said, "Who... sent the invitation?"

"I don't know~"

"We came to Tokyo, didn't we tell him?"

"How did he know...we were here?"

Holm looked at Jellal with a playful smile and said nothing~

Jellal picked up the small tea cup from the small table, took a sip, and said, "You are not the president of any country..."

"I'm not the Prime Minister..."

“It’s normal for our itinerary to be checked by others~”

"..Haha~"

Kanes smiled noncommittally and asked: "Then do you plan to participate?"

"go with!"

"What about you?"

"I am coming too?"

"What do you mean... go too?"

Karnes dug his ears with his fingers a few times, smiled silently, and said, "New York... um..."

"Ah~"

Jellal quickly thought of something and asked interestingly: "Is that rumor... true?"

"..Um!"

"You were really given to a Morgan girl in New York..."

"cough~"

"Her name is Laura, from Lilith..."

"Hahahaha~"

Gerard patted Holm's shoulder hard and asked with a laugh in German: "No wonder you don't dare to meet Giles' fiancée, Kylena Rockefeller~"

“Kylena...is Laura’s best friend, right?”

"Is Laura also like Kylena...?"

"...That's not true~" The "strong" figure of Kylena suddenly appeared in front of Kanes' eyes, and he couldn't help but trembled. He quickly put his arms around the two beauties beside him, and finally calmed down. .

The features on Holm's face were "awkward" together, and he complained to the two of them: "Hey~hey!"

"That's what you two said about Giles' fiancée... ok??"

"Kylena, it has become very... in the girls' school."

"ok! ok~"

"Let's end this topic and never talk about it again!" Jellal raised his hands to Holm and said with a smile.

Kanes tilted his head and stood on the shoulder of the beautiful girl in wedding shoes, and said still stubbornly: "I'll go... That's okay!"

"However, if that Laura comes back...you must help me!"

"Hahahaha~"

"Let's go to New York, that's David's territory!"

"If you are in trouble, you should go to him, right?"

"..."

Jellal smiled and shook his head: "It will be fine~!"

"Just go ahead with peace of mind~"

"You are a grown man, what are you afraid of?"

"I'm afraid?"

"I'm not afraid~"

"Hahahaha~"

Jellal and Holm were both amused by Carnes's "guilty" rebuttal~

----

a new day.

new York.

Manhattan, upstairs at Wildfire Bar on 42nd Street.

David was awakened from his sleep by the numbness and swelling in his arm~

He drowsily pulled his arms back from under Susan, stood up and walked into the bathroom.

. . .

After half an hour.

David sat in the dining room, put down the newspaper in his hand, and smiled at Lilith and Laura who came out of the bedroom together.

"Morning!"

Laura was wearing water-pink pajamas, like a pink bunny, jumping to the dining table, hugging David's cheek forcefully, kissed him, and said with a smile.

"Hey~ It's early for you too~ Asshole!"

"I...@#￥..."

"You're calling me a jerk so early in the morning?"

"You're the asshole, right?"

"Hahahaha~"

Laura waved her hand nonchalantly, pushed Lilith forward who was wearing the same pajamas as her, and said with a smile: "Come on, it's your turn!"

Lilith, dumbfounded, bent down in front of David, hugged his cheek, and kissed him: "Good morning, my... fiancé!"

"Hey~hey~hey~"

David hugged Lilith with a smirk on his face, let her sit on his lap, and smiled at Susan and Cui Yingying who came out of the kitchen.

"Hey~"

"Come too, welcome our new members!"

"Okay! Here we come~"

Susan and Cui Yingying both laughed and put down the plates in their hands. Under Laura's "shocked" eyes, they stepped forward to surround David and Lilith and gave them a warm hug~

"You...you...?" Laura stuttered, biting her fingers, and said aggrievedly.

"Hahahaha~" Everyone laughed~

PS:

As the saying goes: It is difficult to conquer a country, but even harder to defend it!

The birth of the family office is to ensure that wealth can be passed down to future generations. .

Family Office (FO) is still a new business field in China.

Because FO is one of the most secretive species in the financial industry!

Even if you have the opportunity to observe foreign FO at close range, most of them only see the surface and fail to learn the essence~

Because the survival and management model of each FO are the secrets of each wealthy family!

It will never be revealed easily!

Therefore, it is difficult for domestic FOs to obtain relevant management data or information about foreign FOs.

Moreover, due to different national conditions, FO will also carry out long-term + multiple rounds of family customization + localization transformation in China.

In the past ten years, through continuous learning and the perseverance to cross the river by feeling the stones, domestic FOs have slowly summed up a lot of experience and learned more lessons. .

In the future, based on the current development potential of FO in China, it will be a very good career choice for professionals in law, finance, economics, management, accounting, etc. who are born in ordinary families and do not have many resources~

Above~

It is for your entertainment reference only, not a "recharge" recommendation. .

Please just laugh and pass it by~