James Campbell is a partner in Ogier's Jersey private client
and trusts team advising professional trustees, family offices,
intermediaries and high-net worth families on all aspects of
international private client. In this Q&A, he explores industry
trends towards increasingly bespoke private wealth structures.
Why is bespoke structuring on the rise?
According to a 2016 report on ultra-high net worth individuals
there are 212,615 individuals in the world who hold a total of over
$30 trillion in wealth. To put it a slightly different way, 12% of
the world's wealth is controlled by just 0.0004% of the
planet's adult population. By 2020 the number of ultra-high net
worth individuals is anticipated to reach 318,000 with compound
annual growth of 9%. In short the rich are getting richer, and more
numerous. These numbers are consistent with what we are seeing at
Ogier in terms of an increase in instructions from ultra-high net
worth individuals and those advising them and
