As record numbers of wealth owners move and invest internationally, wealthy families face a critical infrastructure question: Should we replicate our wealth management systems in new countries? Local expertise will always be essential, but the definition of "local" can be expected to evolve over time. Consolidated data infrastructure is key to avoiding unnecessary operational barriers as global footprints and portfolios expand.
Plans to relocate always involve looking ahead to the future, but for UHNWIs they often also involve looking back on the past to comprehensively inventory everything they own. Tax advisors need to understand your current structures before they can properly guide your exit strategy. Estate planners require a complete asset inventory to restructure trusts or foundations. Immigration advisors need documentation of funds to prepare visa applications. Knowing "roughly where things are" isn't sufficient. The irony is that this backward-looking exercise is necessary for forward mobility. Establish a setup for complete visibility of your wealth during this relocation, and it will
How do you run an effective family office when the family's patriarch is in Geneva and his adult children live in London and New York? According to Campden Wealth research, for more than half of family offices this kind of question isn't hypothetical: They serve at least one family member residing outside the family office's primary jurisdiction. The coordination challenge this creates isn't just logistical. It's structural, and it demands infrastructure built for distributed operations from the start.
As the flagship of the Rolls-Royce line-up, the Phantom stands as a symbol of prestige and luxury. From its commanding presence on the road to its exquisite craftsmanship and attention to detail, the Phantom is the epitome of automotive excellence. Join us as we explore its design, performance and the unrivalled experience it offers its owners.
The importance of meaningful experiences, quality time with loved ones, and wellness extending beyond check-out will be top-of-mind for travellers in 2024. Expect them to be mindful while selecting vacation spots, aiming to savour the peaceful night sky, explore exciting new restaurants, and build healthy habits for longer lives.
As 2023 comes to a close, it's time to reflect on the most searched-for travel destinations of the year. Despite the challenges posed by the pandemic, people's desire to explore the world has remained strong. From vibrant cities to idyllic islands, here are the top destinations that captured the attention of Google users in 2023.
In a strategic move to enhance passenger experience, Lufthansa has announced its plans to introduce new first-class cabins on its Boeing 747-8 fleet. This exciting development is part of the airline's commitment to providing unparalleled luxury and comfort to its discerning travellers. Lufthansa Technik, the aviation innovation powerhouse, is spearheading the design and development of these state-of-the-art seats, marking a significant milestone in the aviation industry.
As the holiday season approaches, it's time to start thinking about finding the perfect gifts for your loved ones. If you're looking to impress wealthy individuals with truly extravagant presents, you're in the right place. In this article, we've curated a list of the most exclusive luxury gifts that are guaranteed to leave a lasting impression.
According to "Glücksatlas 2023", the happiness ranking of German citizens, Munichers are among the happiest people in Germany. Only in Frankfurt and Hamburg live even happier inhabitants. The people of Munich are very satisfied with the security situation, with the location of the economy, and with the income of the household. What makes Munich extremely attractive to UNHWIs?
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Intergenerational wealth transfer has always been among the hardest challenges in wealth management. Getting it right starts with visibility; you can't educate heirs about wealth you can't clearly show them. The increasing international mobility of both wealth owners and their families means transfers now span multiple jurisdictions, currencies, and legal systems simultaneously. As complexity multiplies, the foundational requirement of unified visibility becomes more critical.
As record numbers of wealth owners move and invest internationally, wealthy families face a critical infrastructure question: Should we replicate our wealth management systems in new countries? Local expertise will always be essential, but the definition of "local" can be expected to evolve over time. Consolidated data infrastructure is key to avoiding unnecessary operational barriers as global footprints and portfolios expand.
How do you run an effective family office when the family's patriarch is in Geneva and his adult children live in London and New York? According to Campden Wealth research, for more than half of family offices this kind of question isn't hypothetical: They serve at least one family member residing outside the family office's primary jurisdiction. The coordination challenge this creates isn't just logistical. It's structural, and it demands infrastructure built for distributed operations from the start.
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For many family offices, the risks are no longer theoretical. Governance is informal, reporting delayed, and portfolios are growing more complex by the quarter. Yet many still rely on basic spreadsheets to track billions. According to Copia Wealth, citing KPMG data from 2025, more than 57% of global family offices continue to use general tools like Excel for core financial reporting.
