When we think of high net worth families and their assets from a professional wealth management perspective, we often think of cash, stocks, and other easily quantifiable investments, says Andrew Carrier, chief marketing officer, Quant. However, a significant portion of ultra-high net worth wealth is tied up in assets that are harder to manage and quantify - things like real estate, vintage cars, art, wine, jewellery, and other passion interests. Accenture estimates that nearly half of the world's ultra-high net worth wealth is held in these "non-bankable assets", equating to around $30 ...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes