Bermuda’s Family Office Act

The private client industry has seen the emergence of family offices as a global best-in-class solution for affluent families striving to achieve long-term wealth management and preservation. Family offices are arguably the fastest-growing investment vehicles in the world today, as families with substantial wealth are increasingly seeing the virtue of setting one up(i). Fuelled by the growth of ultra-high-net-worth (UHNW) families, the number of family offices has dramatically increased since 2000(ii).

IFCs Can Support Family Office…