The last decade has brought about monumental change in how employers manage the mental health and wellbeing of their employers. We have seen businesses put increasing emphasis on work/life balance initiatives with the aim of alleviating some of the pressures of modern working and keeping their people engaged and productive.
In the decade succeeding the financial crisis, one of the biggest developments in the world of wealth management has been the rise of the family office. But what is a family office, and how has their proliferation already begun to change how ultra-high-net-worth individuals (UHNW) manage their assets?