Centrolaw

Wealth owners have an overwhelming choice when it comes to managing their investments. Wealth managers, private banks, investment platforms, and investment funds compete over assets to be invested. Furthermore, there is much information about investing; thus, some wealth owners may decide to manage their own portfolios. A less known service is external asset management, although it offers several benefits. Source:  https://vocal.media/lifehack/why-you-should-consider-external-asset-management

  A family-driven process called family governance establishes formal and informal structures for communicating and acting towards common objectives. These focus on the family, the family company, and the overall family wealth. Family governance is, therefore, a crucial component of wealth planning.   Even the most skilled wealth planners cannot provide all the technical guidance you need to preserve and transfer your wealth, which presents some of the most significant obstacles and opportunities. Instead, they result from the entire family being prepared for and dedicated to the family governance process.   Trust and family communication indeed create or break wealth management strategies. At Centro LAW, we put the human element in family wealth planning at the core to leave a lasting legacy and achieve the best results.    On what foundation can family governance be built? We assist clients in making wise financial decisions while considering families' numerou...