Caroline Garnham, a former leading private client lawyer was head of Simmons &Simmons private client practice for fifteen years. She was nominated as one of the top five leading private client lawyers in 2011 and was a contributor for the Financial Times for twelve years on tax and trusts. Caroline pioneered the area of law now known as Family Governance.
This book draws on her extensive knowledge and intimate experience in working for some of the world’s wealthiest families. Pulling together scores of examples, she looks at the relationship between the UHNW community and their advisors from both perspectives. She believes that by understanding each other they can work together more productively.
"Working as a private client lawyer for more than twenty years I developed a sympathy for you, the Super-Rich community. It is a community people find hard to feel sorry for - you do not have to worry about the mortgage being paid or where the next meal is coming from but your concerns nevertheless can keep you awake at night.
You contribute significantly in taxes which benefits us all. In Great Britain, the top 1% pay 30% of our income tax; you spend in our shops and oil the wheels of our economy – and yet in general you are poorly served and often despised.
As wealthy individuals I understand you are being fingered for money ALL THE TIME. It is hardly surprising therefore that you fly off the handle when you are being fleeced for yet more. Being pestered for money is a way of life for you which most of you hate which is why you want to preserve your privacy."
This book is designed for you, the super-rich and those aspiring to be super rich. This book will tell you how
to manage your advisors, your wealth and how to enjoy it all.
|Edition description:||2nd ed.|
|Product dimensions:||6.00(w) x 9.00(h) x 0.34(d)|
About the Author
This book draws on her extensive knowledge and intimate experience in working for some of the world's wealthiest families. Pulling together scores of examples she looks at the relationship of the UHNW community with their advisors.
It is often overlooked that the Super Rich give most to our economy, and to the lives of ordinary people through their entrepreneurial endeavors. But the rich are a minority, and one of the few groups where prejudice flourishes. It is fair game to invade their privacy, expose their weaknesses and publish their private financial data. In many cases, this is an abuse of power about which very little is being done.
Caroline is still very active in the private client world as an adviser to some of the wealthiest families. She is able to cater to their needs independently through Garnham Family Office Services.
She finds that the top five needs and concerns of this hard to reach rich minority are usually very similar. Mainly, they want to be in control of their wealth - they cannot hope to know everything, so it is important they know how to pick trusted advisers, remove and replace those who let them down and have the right tools to manage their inner Ring of Confidence.
They also look for a club of peers with whom they can network and learn from. BConnect Club is an exclusive Club for UHNW Individuals which connects them to other wealthy families, professional information, exclusive luxury products and investment opportunities. UHNW families join the network for free subject to a verification process that they are worth in excess of a minimum of £5million. Those interested in co-investing can find projects and ventures pre- screened for their benefit, they can also attend the launch of luxury products and find the relevant information they need to stay on top of their wealth and their inner Ring of Confidence.
BConnect Club provides a safe and secure neutral platform, where they can find information relevant to their circumstances and requirements, new luxury products and exclusive investment opportunities.
If you are Super Rich and want to be part of our Club, speak to specialists, introduce the second generation to the world of managing wealth, or simply want a source of independent information you can sign up to Caroline's free weekly blog on http://www.garnhamfos.com/notes-from-caroline/