Two related trends have characterized the management of family assets in the LatAm region over the last decade, and particularly since the beginning of the global financial crisis in 2008. One is that wealthy families have grown dissatisfied and disillusioned with the large private bank model and have turned increasingly to the single or multi-family office model for managing their wealth. As Carol Pepper, CEO and Founder of Pepper International, a New York-based family office serving international clients, explains, “Ultra high net worth families and individuals, particularly since the.....
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