I mean, the Soros family business all on its lonesome would rank tenth on this list, ahead of Wilmington Trust.
Via Institutional Imperative:
I wonder how many of them are willing to publish their returns without sidestepping the issue by saying each client has a different portfolio. I’m no cap-weighted indexer, but most of these families would undoubtedly be better off in the Vanguard Balanced Index Fund (VBINX). It’s ironic; in this one area, where you’d think the rich really would have it better, they don’t. At least not in my experience…..
