When our client’s lifestyle is complex and risks more severe, the strategy we put in place to manage these exposures must be equally sophisticated. A risk management strategy will differ based on the client, lifestyle and tolerance for risk

One thing is for certain: The lives of the rich and famous are never boring. Between business ventures, holiday homes, time zone hopping and personal staff, the lifestyles of our high net worth and celebrity clients are complicated, and their risks are equally complex.

Our clients are adequately protected, are yours?

From the outside, wealth and celebrity appear to be a life of indulgence, luxury and security. In reality, a great deal of hard work goes into building and sustaining a high profile life, as well as managing the challenges that accompany fame or influence. High net worth and celebrity clients face unique personal characteristics that put them at greater risk than the general public:

  • Public Prominence: Your clients’ personal fame and high-profile whereabouts single them out, making them a potential target for stalking, robberies, lawsuits and other liabilities.

  • Excess Assets: The ability to fund expensive purchases can leave a client with an extensive collection of possessions including cars, holiday homes, art, boats, jewellery, designer clothing and more.

  • Unusual Assets: Wealth gives individuals access to exclusive products and experiences not available to the general public, creating the potential for niche and difficult-to-insure assets, such as memorabilia, unique collections or exotic pets that can be targeted by criminals.

  • Potential for Loss: The amount of assets, as well as future earning potential, of high net worth individuals puts them in a position of having a large potential for loss that surpasses normal people or business.

  • Unusual Assets: Wealth gives individuals access to exclusive products and experiences not available to the general public, creating the potential for niche and difficult-to-insure assets, such as memorabilia, unique collections or exotic pets that can be targeted by criminals.

  • Perceived Tolerance for Loss: Wealth, particularly quickly earned wealth, can create an illusion of impenetrability by insulating the client with more comfort and status than they may really have.

High net worth clients must take added precautions to protect themselves and their families and transfer risk when possible. Our clients have worked hard to have the lifestyle they have, their privacy is constantly eroded and often law does not protect them from press intrusion.

This is where we come in, we ensure categorically that their lifestyle and privacy is protected from intrusion. Criminals or well funded attackers have the resources to break into the privacy of a high net worth individual or estate, the rewards can be great and the chances of being caught are minimal. For example, we would Vet all employees. All client employees, vendors and advisors should be trustworthy and properly vetted. This includes a thorough background check, a signed non-disclosure agreement, and a non-invasive integrity based polygraph test alongside client threat education.

We secure the communications, data points, devices and assets of our clients to ensure digital privacy is paramount. We even plan security around their often exotic adventures. We provide the security that matches the lifestyle and success of our high net worth clients business and personal lives.

We will often work with a family trust or a law firm, but whatever you want to discuss, reach out today!