This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them

This summer's high-profile IPOs, including SpaceX and Anthropic, are creating a new class of ultra-wealthy individuals dubbed 'IPO Bros,' prompting family offices to adapt their strategies for managing sudden wealth. Wealth advisors are addressing challenges like liquidity management and retirement planning for employees who gained massive equity stakes.