Supporting high-net-worth families through conflict

'Advisers need to understand the emotional weight that accompanies the numbers'

clock • 5 min read

Richard Montague shares his insight on the human side of wealth and what IFAs need to know about UHNW family dynamics

For IFAs working with high-net-worth clients, the technical planning can sometimes feel like the easy part. The harder work, the conversations that determine whether carefully constructed plans actually hold together, often happens around the dinner table, or increasingly, doesn't happen at all. New research from our recently launched WealthAnalysis: A psychosocial study of trust in the lives of the wealthy, report reveals some striking insights into the financial conversations and tensions of Britain's wealthiest families. Strikingly, nine in ten ultra-high net worth individuals (def...

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