Many will have heard of the investing duo Warren Buffet and Charlie Munger and the exceptional success of Berkshire Hathaway. However, 50 years ago there was a third member of the group, Rick Guerin. He was a partner of Warren and Charlie in the 1970s and they interviewed business managers together as they built their portfolio of investments. Then Rick kind of disappeared, at least relative to Buffett and Munger’s success.
Who holds the power in decision-making rooms? The choices made today shape financial legacies, but without diverse perspectives, strategies risk becoming outdated. As International Women’s Day approaches, it’s time to ask: are the right voices at the table?
Based on Q1, 2024 data, (Wealth distribution U.S. 1989-2023 | Statista) the top 1% of the US population controlled 30.4% of the nation’s wealth. The researchers at Seshat have dug deeper into wealth trends and this reveals, back in 1983, 66,000 American households were worth at least $10 million.
Affinity has partnered with Ocean Culture Life to fund Storytelling Grants over the next 12 months, supporting untold ocean conservation stories and championing efforts to preserve ecosystems, amplify projects, and inspire action for ocean health.
Affinity Private Wealth is the first Jersey company to be awarded Silver Chartered status by the Jersey Good Business Council, recognising its leadership in sustainable business practices, corporate responsibility, and local community engagement.
Affinity is excited to announce a succession plan that ensures the firm remains owner-managed and independent. This initiative, led by the original founders and shareholders, aims to secure Affinity's future while prioritising client needs.
With soaring national debt and policymakers hesitant to cut spending, how might rising inflation affect paper currencies' value and enhance the appeal of real assets as a store of value and investment opportunity?
In a world in which we rate restaurants on TripAdvisor and the effectiveness of power tools on Amazon, it seems odd that we fail to rate the economists who provide the forecasts on which world-changing decisions are sometimes made.
We're thrilled to announce that Affinity has been shortlisted for the prestigious STEP Trust Company of the Year (Midsize Firm) Award for the second consecutive year! We're also proud that Sam Hilton has been shortlisted for the Rising Star Award
As we recognise this next World Ocean Day, we reflect on the important strides made in marine conservation through Affinity's partnership with Blue Marine Foundation on the Jersey Hand Dived Scallop Initiative.
Affinity Private Wealth and Highlands College join forces to sponsor six Carbon Literacy courses, in collaboration with the Government of Jersey via ecoActive elevating sustainability and environmental awareness in Jersey.
The world of economics and finance runs on equations, models, statistics, back tests and predictive analytics. It seeks out objective causal relationships that can be quantified and verified.
It is not that long ago – November 2021 – when world leaders were jostling to be pictured with celebrities like Leonardo DiCaprio, Stella McCartney or Emma Watson at the much-vaunted COP26 climate conference in Glasgow.
2024 is set to be an important period for politics. Already dubbed ‘the biggest election year in history’, more than 70 countries representing half the world’s population will hold regional, legislative and presidential elections.
Affinity Private Wealth has recently been working hard for one of our clients on an exciting and transformative project. Today, we are thrilled to unveil the results of the efforts of David, Cait and Courtney.
In an era of fast-changing end markets, accelerating digital transformation, heightened competition and increased customer expectations, it is difficult for most businesses to stay ‘on top’ for long.
We are pleased to announce the promotion of Michelle Tring to Group Director. In her new role, Michelle will lead the business development efforts for the trust business, overseeing service excellence for private clients and families.
We are excited to announce that Affinity Trust Limited has been named a finalist for the prestigious STEP Trust Company of the Year (Midsize Firm) award!
There is an old joke about a tourist, trying to get to Dublin, who stops in a village out in the sticks to ask a local for directions. After a long consideration, the local replies ‘If I was you, I wouldn’t start from here’.
Julia has made the decision to leave the firm, while maintaining her role as a committed, long-term shareholder of Affinity Private Wealth. We extend our best wishes to Julia as she embarks on the next chapter of her life.
"We are pleased to collaborate with Door and leverage their innovative technology to streamline and augment our information gathering process," Jon Proudfoot, Investment Director at Affinity
Affinity is pleased to announce its partnership with The Federation of European Independent Financial Advisers (FEIFA) to promote responsible investments, aligning clients' values with wealth.
The concept of a digital twin emerged because of the NASA Apollo space program where, thanks to its deployment and adoption - namely a digital representation of a real-world entity or system – mission control was able to safely return Apollo 13.
We know online life is becoming steadily more immersive and our virtual lives are increasingly taking time out of our offline lives. As more companies and people move into the metaverse, its regulation (or lack thereof) is gaining attention.
We are proud to announce Affinity Trust Limited has partnered with Blue Marine Foundation, the internationally renowned charity dedicated to restoring the ocean to health by addressing overfishing - one of the biggest environmental problems we face.
Today, the links between risk and new business ventures, trade and economic growth appear self-evident. However, this was not always the case; indeed, this understanding is surprisingly recent.
We are excited to announce that Elizabeth Shaw has joined Affinity Private Wealth as an Associate Director within our Trust team.
It was American sociologist, Diane Vaughan, who first coined the phrase “the normalisation of deviance” to describe a cultural drift in which circumstances classified as “not okay” are slowly reclassified as “okay.”
In the late 1960s, psychologist Walter Mischel and his colleagues at Stanford University conducted a series of studies on delayed gratification, known as the ‘Marshmallow experiment’.
It is two years since we wrote our April 2020 VFTD, titled Staying the Course, which recounted the epic polar adventure of Ernest Shackleton and his crew, aboard their ship ‘Endurance’.
In 2017, a statue of Friedrich Engels was transported on a flat-bed truck from eastern Ukraine, a former colony of the Soviet empire, to the heart of the ‘northern powerhouse’ of England - Manchester.
Many of us believe the ability to innovate is the preserve of a select few.
Before taking a drink, many revellers will clink their glasses and make a toast. This could be cheers in Britain or saúde in Portuguese, santé in France and salud or salute for the Spanish and Italians.
On the rim of the Arctic Circle, Iceland is one of the most striking places on our planet. Its moniker – the Land of Fire and Ice – paints an accurate picture: this frozen landscape is set right on top of a volcanic melting pot.
We are excited to announce that Jon Proudfoot has joined Affinity Private Wealth as Associate Director, Investments.
We are proud to announce, we have made the strategic decision to become a firm dedicated to responsible investing.
As part of our ongoing commitment to the UN Global Compact, we have submitted our third Communication on Progress.
The largest wealth transfer in history is currently taking place, as Baby Boomers pass their wealth to Millennials.
In April 2012, Jeremy Grantham delivered a speech to attendees of The Prince of Wales’ Business & Sustainability Programme at the University of Cambridge...
Earlier this year, the Virtual Human Interaction Lab (VHIL) at Stanford University published a paper examining the psychological consequences of spending hours per day on video chat platforms.
For a concept that is so widely used, power is surprisingly elusive and difficult to measure. It is often defined only in undesirable terms, and as a form of domination, but it can also be a positive force...
New York is commonly referred to as the melting pot of America. There's over eight million residents, with an estimated sixty percent of the population being immigrants or children of immigrants.
Proud to be the first Jersey financial services company to offset their carbon with Durrell Wildlife Conservation Trust.
Elephants, rhinos and tigers may not be the first thing that springs to mind when thinking about financial crime.
How many of you did Dry January? The ditching of alcohol in the first month of the calendar year is now an annual tradition for many people.
The word impulse has several meanings. It can be defined as a sudden, strong and unreflective urge to act. For example, I had an almost irresistible impulse to giggle.
On 5 December 1914, the crew of the Endurance set out from South Georgia on an expedition to traverse the Antarctic continent, one of the last frontiers in the golden age of polar exploration.
