Greg Limb, Global Head of Family Office and Private Client, discusses how wealthy individuals and family offices are now operating globally and therefore a comprehensive solution to handling their wealth is required.
“One of the big challenges that we are facing in the market at the moment is the fact that wealth is going global.”
Globalisation of wealth
Wealthy individuals and family offices are at a real juxtaposition as wealth is going global and they have to respond to changes that are happening to them on a worldwide scale. Equally, as individuals and their family offices are becoming more globally focused in their outlook, this changes how they live, invest and operate.
Managing wealth affairs
As clients are operating across multiple jurisdictions, it is paramount to have a global solution and a comprehensive service, to provide structure and address both the immediate and future terms.
At KPMG, we align ourselves with the issues our clients are facing to be able to respond and deal with them, be it by working with our colleagues in other offices or in other teams, having to work together and serving as a virtual family office for our clients.
For further information please contact Greg Limb or your usual KPMG contact.
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