Wealth Managers 2020
Top Ten Family Office Services
Charlotte Filsell, who spearheads Sandaire’s family relationships arm, gives Spear’s a view of how family offices are reacting to the crisis. While the initial shocks have forged a longer-term thinking among families, she says genuine philanthropic motivations ‘remain at the forefront of clients’ minds’.
She cites one family assisting a charity whose resources had dried up. ‘The charity helps some of the most deprived people in the world,’ she says. ‘The family we work with has essentially provided a lifeline to help them through the crisis’.
Filsell adds that some of her clients are seeing chances to invest in quality assets and get involved in businesses that are sheltered from the effects of similar crises.