December 5, 2024

Family Office Formation Basics: What, Why, and How

In response to growing demand from the super wealthy, family offices have proliferated during the past decade. According to EY, as of 2024, there are now up to 10,000 single family offices globally — ten times as many as in 2008. While you are likely aware that the purpose of a family office is to manage familial wealth, there is no single definition of what doing so entails. This article explores the nature of the modern family office, the top reasons to have one, and some high-level recommendations for your first steps toward forming one.

November 27, 2024

The Wealth-Health Paradox and How Famous UHNWIs Address It

For UHNWIs, life is a tapestry woven with privilege and opportunity. Yet, this world also presents unique healthcare challenges that can be surprisingly complex. Great wealth typically comes with stressful responsibilities, including the pressure to make optimal medical care decisions where cost is not a primary concern. Here, we explore this paradox and how several well-known UHNWIs are addressing it.

November 14, 2024

Three Basic Must-Haves for UHNWIs To Consider When Taking Calculated Risks Successfully

While calculated risk taking is essential for growing and preserving any amount of wealth, the complexity of financial risks tends to increase as an individual’s net worth rises. Here, we outline three foundational must-haves that UHNWIs should incorporate into their risk calculations.

October 30, 2024

Five Types of Digital Tools For Optimising UHNWIs’ Lives

In the digital age, technological platforms cater to virtually every segment of society, and ultra-high-net-worth individuals (UHNWIs) are no exception. This article outlines five categories of such tools that UHNWIs rely on to optimise their personal and financial lives.

October 23, 2024

Managing Reputational Risk for UHNWIs: Three Key Priorities in the Digital Age

A tarnished reputation is detrimental to anyone, regardless of their net worth. However, the financial losses can be significantly greater for those with substantial wealth. Here, we outline three essential priorities that UHNWIs should focus on to manage and mitigate reputational risks effectively in the digital age.

August 1, 2024

UHNWI Burglary Risk Management: Three Steps to Securing Against High-Stakes Heists

Many UHNWIs use their homes as places not only to live but also to store sizable collections of art, valuables, and sometimes even cash. This wealth makes UHNWI’s residences prime targets for burglars, and the consequences of a successful heist can be devastating. Let's delve into the specific burglary risks UHNWIs face and explore preventative measures to safeguard against them.

August 1, 2024

The UHNWI Travel Risk Management Checklist: Three Essential Points

As 19th-century composer and chansonnier Gustave Nadaud observed, “To stay in the same place is to exist. But to travel is to live.” Evidently, many UHNWIs agree. Global travel is a hallmark of a wealthy lifestyle. Even so, journeys – especially to exotic locations – involve three risks that wealthy travellers should pay special attention to managing. Here, we outline these risks and the best ways to minimize them.

July 17, 2023

Is Your Data Protected Online?

With the recent ransomware attack on Xplain, cybersecurity has been in the spotlight in Switzerland. So take a look at the current situation with us. Also, let us explain how security is key to the Altoo Wealth Management Platform.

Beyond Wealth

Family Office Formation Basics: What, Why, and How

The Wealth-Health Paradox and How Famous UHNWIs Address It

Three Basic Must-Haves for UHNWIs To Consider When Taking Calculated Risks Successfully

Five Types of Digital Tools For Optimising UHNWIs’ Lives

Managing Reputational Risk for UHNWIs: Three Key Priorities in the Digital Age

UHNWI Burglary Risk Management: Three Steps to Securing Against High-Stakes Heists

The UHNWI Travel Risk Management Checklist: Three Essential Points

Is Your Data Protected Online?

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