Private Wealth Management
From mean variance optimization to net worth optimization. We no longer need to ask which is more important, the client’s attitude toward risk or the client’s capacity to take on risk.
As family offices continue to expand, those who understand their complexities will be well-positioned to lead the next era of wealth management.
Family offices are adopting innovative operational models, empowering next-generation leadership, and prioritizing risk management to safeguard their legacy and drive sustainable growth.
Rather than running away from illiquidity, investment professionals, investors, and regulators alike should recognize its potential benefits and consider a more balanced approach.
Forward-thinking approaches to policy and wealth management are needed to ensure a better financial future across generations and income brackets.
There is strong evidence that most “rich families” will be poorer after several generations. Some of the reasons for this are systemic like taxes. But most factors that diminish a family’s wealth over generations are the choices that heirs make.
HNWIs understand that there is no backup planet to invest in or build on, and their capital allocations are beginning to align with that sentiment.
Successful adviser-client relationships are built on more than just investment advice.
The pandemic has made meetings more personal, technology more integral, and advice more holistic.
As 2020 winds down, many tax- and residency-related matters are coming to the fore. How should you tackle them with clients?