"Art is increasingly seen as an alternative hedge," says Laura Kingsley, a wealth advisor at a Knightsbridge family office. "It's less correlated to equities and, crucially, offers bespoke structures that make it extremely attractive from a tax perspective."
Life is not a game of Space Invaders - you don't get points for all the money you rack up in the game - but many people treat it as though it were. They just keep earning and earning, trying to maximize their wealth without giving nearly as much thought to maximizing what they get out of that wealth...
HSBC's Pulse Check survey showed that nearly 68% of local customers expect no change or improvement in their wealth position by year-end, despite global uncertainties.
Rachel Reeves, after a backlash from wealthy individuals following the introduction of new inheritance tax regulations, is reportedly considering modifying changes affecting non-domiciled statuses and taxing worldwide assets.
Take the path that leads to peace of mind. Focus on what's important to you and build your life with the preferences, patience and possibilities that offer comfort and convenience.
"Thanks to the fresh capital, we will continue to advance Evergreen, forge new partnerships, and roll out additional services to support wealth accumulation," says Iven Kurz, founder and CEO of Evergreen.
