Family offices assistants earn as much as $190,000 a year

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Martin-dm | E+ | Getty Images Good help is hard to find. Family offices, the private investment firms of the ultra-wealthy, are increasingly willing to pay extra for it. The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff. While compensation […]


Nordstrom to go private in $6.25 billion deal with founding family

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A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois.  Scott Olson | Getty Images Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The […]


The next big career track at business schools: Family offices

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The University of Chicago Booth School of Business. Courtesy: The University of Chicago Booth School of Business. A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Top universities are tapping into the […]