Family Office Risks: Managing the Impact of Change

Overview

The complex, convergent nature of risks facing high-net-worth families requires family offices to adopt a different approach to risk management than many have in the past. A holistic approach, using data to inform decisions and educate family members, will be important in managing global risks. From the overarching trends of growing families and wealth expansion, to increasing frequency and severity of natural catastrophes, to the affiliated risks of personal, commercial, and financial exposures, family offices that apply a strategic perspective will be best positioned to successfully navigate these challenges. 

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