A Stable Environment For HNW Private Clients

The American economist Nouriel Roubini iterates that geopolitical issues are becoming more important: "Because how can you understand the economy if you don't understand geopolitics?" He believes that those who think economists just deal with spreadsheets and charts are making a narrow minded caricature. Similarly, those that think that private client practitioners simply deal with deeds and legislation may not appreciate how practitioners require a solid grasp of geopolitics in order to effectively advise international families.

The impact of geopolitical factors on estate planning

Sharp economic, political, legal and technological shifts may be the new global norm. Uncertainty over Hong Kong's future, tensions between U.S. and China, economic stagnation of Europe and the continued equivocation over Brexit, ongoing instability in the Middle East, expropriation of citizens' assets and kidnappings throughout many Latin American and African jurisdictions and Russia,