Diamond Wealth

Thrilled to have been featured in Entrepreneur Media's latest article, "The Human Side of Wealth: 5 Insights I Learned from Ron Diamond." This piece delves into the deeper, more personal facets of wealth—exploring how purpose, relationships, and values shape true success. A huge thanks to Ryan Austin, Cody Meltzer, and Micah Zimmerman for their exceptional work in bringing this together. Their commitment to sharing these stories in a meaningful way is truly appreciated. In this article, you'll find a discussion of how wealth goes far beyond financial metrics. We explore the importance of human connection, legacy, and how Family Offices are increasingly leading the charge in aligning prosperity with purpose. Check it out below ↓ #familyoffice #familyoffices

Why are Multi-Family Offices becoming the preferred choice in wealth management? This question reflects a significant shift occurring in how affluent families manage their wealth. Ronald Diamond, a highly sought-after thought leader in the Family Office World reveals that 75-80% of existing Family Offices shouldn't function as they currently do. Often, these offices are run by family members lacking the expertise to handle complex financial situations, leading to potential mismanagement. Diamond, the Founder and CEO of Diamond Wealth also shares how Multi-Family Offices (MFOs) present a more efficient model. They allow families to pool their resources and share essential services like accounting, legal support, and administration. This collaboration not only reduces costs but also ensures access to high-quality expertise. Many Family Offices struggle with inefficiencies due to the reliance on inexperienced individuals in key financial roles. Without the proper experience, such decisions may not align with the family’s long-term financial goals. ???What are the Advantages of Multi-Family Offices? 1. Shared Expertise and Resources Multi-Family Offices enable families to share the costs associated with hiring professionals, thus benefiting from a collective approach to wealth management. Families can access top-tier advisors without the burden of hiring them individually. 2. Economies of Scale By combining resources, families can negotiate better terms for financial products and services. This shared model leads to lower costs and enhanced performance across investment strategies. 3. Diversified Investment Opportunities MFOs provide access to a broader range of investment options, facilitating better portfolio diversification. This approach helps manage risk while maximizing potential returns, which is critical in today’s fluctuating markets. 4. Improved Governance and Oversight The governance structures in Multi-Family Offices tend to be more robust, ensuring that investment decisions are carefully scrutinized. This oversight helps align financial strategies with the family's overarching goals. 5. Networking and Collaborative Opportunities Families within an MFO can benefit from shared experiences and insights. The collaborative environment fosters innovation and helps families navigate financial challenges together. The wealth management world is changing, with Multi-Family Offices emerging as a more effective solution for high-net-worth families. By addressing the shortcomings of traditional Family Offices and offering shared resources, expertise, and networking opportunities, MFOs provide a pathway for families to preserve and grow their wealth efficiently. As families increasingly recognize the benefits of collaboration, the future of wealth management looks promising within the Multi-Family Office structure. #familyoffice #familyoffices

Family Offices offer not just patient capital but also long-term partnerships. Entrepreneurs who align with their values will thrive in this evolving space, especially as the next generation focuses on innovation, sustainability, and impact.

How Are Family Offices Reshaping Private Equity? In Episode 2 of the?Family Office World?podcast, David Rubenstein, co-founder of The Carlyle Group, highlighted the evolving role of Family Offices in private equity. Traditionally, private equity firms have relied heavily on institutional investors like public pension and sovereign wealth funds. Now, Family Offices are stepping into the spotlight, funding private equity firms while executing deals independently and raising third-party capital to expand their capabilities. This marks a significant shift in how Family Offices operate and the influence they wield. Rubenstein predicts that within five to ten years, some Family Offices may become as recognizable as Blackstone, Carlyle, or KKR, given their growing financial clout. But what sets Family Offices apart in this landscape? Family Offices were once silent partners, providing capital while staying behind the scenes. That is rapidly changing. Family Offices are now taking control of deals, executing them directly to maintain influence, shape outcomes, and align investments with their long-term goals. By raising third-party money, Family Offices are becoming major players in private equity. This allows them to diversify their capital base while keeping substantial family involvement. As a result, some are on track to become household names, much like today’s private equity giants. One of the key advantages Family Offices have over private equity firms is access to "patient capital." Unlike private equity firms with shorter investment horizons, Family Offices can invest over longer periods, enabling them to weather market cycles, take on complex projects, and focus on long-term value creation over immediate returns. The family itself often remains a disproportionately large investor, aligning decisions with their long-term vision. This contrasts with PE firms that must answer to a wide array of institutional investors with diverse goals. Rubenstein’s prediction that Family Offices could rival firms like Blackstone, The Carlyle Group, or KKR within the next decade is not far-fetched. With the $84.4 trillion wealth transfer from baby boomers underway, Family Offices are set to control unprecedented capital, positioning themselves to shape industries and fund innovation in ways previously reserved for major private equity firms. The key distinction will be the values-driven approach Family Offices take. Their investments are likely to focus on impact and legacy, leveraging patient capital and a long-term perspective. The rise of Family Offices in private equity is one of the most exciting developments in finance today. As they continue to execute deals, raise third-party funds, and invest with patience and purpose, Family Offices are poised to become major players. The next decade will be transformative, and we will likely see them become as prominent as today’s private equity giants. #familyoffice #familyoffices #DavidRubenstein

Keynote Alert! ? Ronald Diamond, Founder and Chairman of Diamond Wealth, represents over 100 Family Offices with assets ranging from $250 million to $30 billion. At our Family Office and Wealth Management Forum, he’ll discuss family offices, the future of capital raising, and the monumental $84 trillion wealth transfer. ? Join Ronald and 50+ industry visionaries on stage and 300+ attendees at this year’s premier event. Don’t miss your chance to attend—Early Bird rates expire Friday, October 4! ? Grab your tickets here: https://lnkd.in/giubM3pt #IMNFamilyOffice #IMNEvents

Want to partner with Family Offices to raise capital and grow your business? Whether you're an entrepreneur or a small business service provider, this workshop presented by Entrepreneur Media will provide the tools you need to succeed.

?? Ron Diamond Founder & Chairman of Diamond Wealth is the opening keynote speaker for THE REAL Summit on October 17th and 18th at Deutsche Bank! ?? Ron is REAL https://www.thereal.events Ron is incredibly well-known in the family office space, (he is the ?? when it comes to family offices) but to me, he’s so much more than that. When I first started THE REAL Mental Health Foundation Ronald Diamond reached out to me out of the blue. I didn’t know who Ron was at the time, but he was one of the first people that connected with me. He invited me and Brent Herd to speak to his TIGER 21 Chapter in #Chicago on June 5, 2023—a moment that truly shaped my personal journey and the journey of THE REAL. ?? I can’t express enough how much I appreciate Ron and the impact he’s had on me, the foundation, and THE REAL. His résumé speaks volumes, but it doesn’t capture who he is as a person—a leader with a huge heart. ?? When I first met Ron, he gave me a big hug and said, “I’m a hugger more than a handshaker.” ?? Ron is a real mensch, always going above and beyond to help others. It’s so special that he’s speaking on this topic, and I’m beyond grateful for his support and friendship. ?? Ron Diamond: A Leader Committed to Family Offices, Mental Health, and Making a Difference Ron leads Diamond Wealth investing alongside 100 Family Offices with portfolios ranging from $250 million to $30 billion in private equity, venture capital, and real estate. He serves on the Advisory Board of 10 companies and chairs 4 of them. As the Chair of two TIGER 21 chapters in Chicago and a newly created Family Office Group. A frequent speaker at Family Office and Alternative Investment Conferences, Ron has shared his insights at over 100 events worldwide. Deeply committed to philanthropy, His dedication to leadership and mental health aligns perfectly with our mission at #THEREAL. Together, we can continue to change lives and make a real impact. ???? Super excited to see you all at THE REAL Summit! Let’s make a difference together in #MentalHealth #MentalHealthMatters #TheRealSummit #FamilyOffices #Leadership #Community #MentalHealthSupport #KeynoteSpeaker #RonDiamond #Mensch Heather Kelly Justine Mana (N.) Nicolas L. Kiep Danielle Patterson Devin Banerjee Aaron deSouza ★★★ Klaas B. Timothy F. Daniels Michael Sonnenfeldt Greg Wells Laird Cagan Hon Mun Yip Brian Rosen Vera Anderson George Harrington Keith Wasserman Steve Freedman ★★★★★ Troy Rice Jamie McLaughlin Brian Hughes Jasjeet Sood, CFA Steven Saltzstein Sara Hamilton J Velarde Kristyn Comei Carrea Deric Emry Roy Assad Eelco Fiole Jeff Hays Jaques C. Lauren Foster Dylan Taylor Johannon Olson, RN/MBA @

What if the future of finance isn't shaped by banks or hedge funds, but by Family Offices? With trillions at their disposal and a new generation at the helm, Family Offices are quietly disrupting the financial world in ways no one predicted. My latest article on Family Office World: "How Are Family Offices Disrupting Finance in 2024?" discusses this and so much more. Family Offices are emerging as major disruptors in finance, driving innovation in private markets, venture capital, and impact investing. With a massive $84 trillion wealth transfer underway, Family Offices—led by a new generation—are aligning financial returns with social impact, embracing technology like AI, and moving into direct investments. From a growing focus on private markets to expanding globally and blending philanthropy with investing, Family Offices are shaping the future of finance. Read more ↓ to explore how these trends are reshaping the industry in 2024! #FamilyOffices #FamilyOffice

5 Ways Deloitte’s 2024 Family Office Report is Shaping Our Understanding of Family Offices in Wealth Management and Innovation. Deloitte’s “Defining the Family Office Landscape” outlines how Family Offices are transforming global finance: 1. Growing Influence: 31% rise in Family Offices since 2019. 2. Diversification: Expanding into private equity, real estate, and global markets. 3. Tech Investments: Increasing focus on AI, fintech, and other emerging technologies. 4. Impact Investing: NextGen prioritizing social and environmental returns. 5. Challenges and Opportunities: Navigating regulatory, and geopolitical risks, while embracing innovation. For more, view the full report: https://lnkd.in/gUg5rBq2 #familyoffice #familyoffices

Are Family Offices Ready for AI, or Are They Still Figuring Out How to Play It?