Cyber + Information Legal, Regulatory + Compliance Safety + Security
Protecting the Family Office: Key Considerations and Best Practices in Risk Management
The job of private wealth managers has expanded greatly in the last few years. In addition to playing the role of regulated investment adviser, they are often expected to handle difficult questions and sensitive matters on everything from physical safety and cybersecurity to mental health, addiction and medical issues.
As a result, managers sometimes need to tactfully expand their duties into the private lives of their clients in order to adequately protect their wealth. RANE recently spoke to a number of experts to gain insight into how family offices should be thinking about and guarding against these myriad risks, all without crossing professional lines or losing their clients’ valuable trust.
Follow this link to read the full article, published by RANE on April 9, 2018.