In today’s trading data, family wealth management portfolios benefited from gold’s rebound above $2,350/oz. Precious metals act as a hedge against inflation and geopolitical shocks. “Play the market is not what you do. You buy good companies, [and] you have to know what they do,” Lynch said, adding that an investor should be able to “explain to an 11-year-old in a minute or less” what the case is for owning shares of a particular company — not just that “this sucker’s going up.” Henry shares his unique journey from traditional trust attorney to pioneering family office consultant, revealing how the industry has evolved from informal Excel spreadsheets to sophisticated, professionalized operations. The latest bond market moves suggest family wealth management clients are locking in corporate bond yields near 5.2%, balancing equity market exposure with fixed-income stability.