The head of the private client department at Taylor Wessing, Nick Warr notes a ‘global fear’ among his clients, resulting from geopolitical and economic events. As a result, many are bent more on wealth preservation than generation. ‘They can’t really see where the opportunity is now, without taking excessive risk,’ he says. ‘To make real money involves ratcheting up the risk scale.
Month: August 2018
Filippo Noseda
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‘Increasingly, the answer to a client’s question is not written in a textbook,’ says Filippo Noseda, a partner in the Mishcon Private team. ‘More than ever, families need strategic advice – for example, European families faced with the fallout of Brexit, or Middle Eastern families faced with systematic instability in their region.’