LatAm has the highest density of high and ultra-high net worth individuals per capita of any region in the world, and as their numbers and fortunes have swollen in recent years, many have turned to family offices to manage their wealth. The independence and versatility of the family office model attracts them, especially in the face of recent volatility in the global markets. While some family offices outside the region have won LatAm clients, the numbers and sophistication of local family offices has been growing rapidly, as well. As Paul Karger, a co-founder and managing partner of Twin Focus Capital Management, LLC, a Boston-based multi-family office with LatAm-based clients, says of the LatAm local family office market, “The opportunities are massive. People need i.....
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