R360’s Post

Talk to 10 different wealth industry professionals about when you become super-rich (an ultra-high-net worth individual, or UHNW, in industry parlance) and you will get 10 different answers. For a law firm, it can mean having investable assets — spare cash not tied up in property — of $10mn; for a wealth manager, it can mean having at least $30mn; for an exclusive private members’ club, the hurdle can be as high as $100mn. What they do agree on, however, is that the base figure is rising, and quickly. The monetary definition has shifted significantly, reflecting not just the growth in wealth globally, but also the changing expectations of what it takes to be considered part of this elite group. https://lnkd.in/gabibsMi

"Advisors need to make the effort and be “purposeful” about staying current, he said. “You can’t rely on learning through osmosis,” he said. “You have to actively engage in seeking information and knowledge.” #HatTip Good story from Ben Mattlin #StayCurrent #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments

"Lastly, one of the things that we’ve devoted a lot of time to is building out our whole alternative products platform. We’re probably up to over 50 products now. That’s really rounded out our product offering for the higher-net-worth families." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

Food for thought... Valuable perspective industry article by Financial Times David Gibson-Moore Capgemini Financial Services Dominic Volek. As the industry navigates what is considered wealthy versus uber wealthy, it is just as important to keep perspective on the blessings and burdens significant wealth has on individuals and their respective families. This is what our team at Legacy Capitals is 100% focused on. For example, "Is the family focused on investing, managing, and growing all their capitals (FISHS: financial, intellectual, social, human, and spiritual)?" If not, having significant wealth is like having one long table leg and the other table legs are short or not even there. Legacy Capitals 609.917.0161 https://lnkd.in/eQY7ayRy

"Recognizing the opportunity to expand in the UHNW space, Michael Kaumeyer's new role reflects Nicola Wealth’s commitment to this market segment." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

Cerulli Associates - "Prepare for Consolidation' "Latest insights piece covers M&A deal considerations, highlighting the motivations for deals and the segments of the market that will undergo change—wealth management, retirement, wealth management technology, and alternative investments." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateCredit #PrivateDebt #PrivateInvestments Bing Waldert

"Morningstar manager research analysts recently published an extensive guide to interval funds." https://lnkd.in/eUY5hskD #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #intervalfunds

In our latest blog, Adrian Brown reflects over the past 40 years of investing as part of our celebrating 40 years in business this year. Take a look to remind yourself of the markets and events that have thrown some curveballs along the way! #40yearsinvesting #mmwealth https://lnkd.in/enc6qZtY

Our Wealth Strategies team helps advisors stay on top of the latest trends in Wealth Management. Meet Jeffrey Brooks, Senior Wealth Strategist, and hear how he helps connect clients to new ideas. Find out how our Wealth Strategies team can help your business here 👉 https://bit.ly/48LmMSV #JHI #JanusHenderson #BrighterFutureTogether #US #WealthManagement #RetirementPlanning #EstatePlanning

"Earlier this year, The The AmeriFlex Group®® reached and surpassed $11.5 billion in total client assets. Today, the firm represents more than $13 billion in client assets." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate