Tag: ultra-high net worth (UHNW)

In recent years, family offices have emerged as formidable players in the global financial landscape, managing substantial wealth on behalf of ultra-high-net-worth individuals. Although there is still a preference by some family offices to adopt a more hands-on approach by directly acquiring private companies and properties, many are mitigating risk by co-investing with seasoned private equity professionals in direct investments.

The services of financial advisers and family offices should not be regarded as mutually exclusive. On the contrary, South African ultra-high net worth (UHNW) clients may benefit greatly from collaborations that align both domestic and global servicing opportunities, while encompassing their inter-generational footprint.