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?
Butterfield Mortgages Limited
It might be counter‐intuitive to many, but securing credit as a high net‐worth (HNW) individual can be extremely complicated. Indeed, it is a common misconception that banks will readily––happily, even––loan money to those who have a net‐worth in the millions.