October 25, 2017
Relocation, whether for work or for leisure, can be an exciting yet stressful time for high net worth (HNW) individuals. Our latest research explores the objectives, attitudes and expectations of these individuals ahead of relocation. Their concerns and motivations vary and for the most part they extend beyond the financial.
During this time of change, wealth providers must adapt a holistic approach to successful wealth management solutions involving managing multiple financial factors to suit HNWs developing needs. To meet HNW expectations, advisors must avoid tunnel vision when it comes to offering cross-border advice.
To understand the financial complexities of relocation we asked European HNWs about their relocation experiences. For many, a new location means new priorities; over half of these individuals said setting up a new bank account was at the top of their to-do-list with tax related priorities following close behind.
Interested in learning more? Get ready for the upcoming launch of our newest research on wealthy relocators!
