New risks facing private wealth | Wealth Office
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Themes / No. 9

New risks facing private wealth

Emerging threats to private wealth, from cyber extortion and family pressure to shifting ideas of safety and mobility.

Theme hub

The risks facing private wealth are changing shape. Marco Poon describes how his family's elders questioned an investment any bank would call safe, and why time horizon and geopolitics define risk for a family. Lord Bernard Hogan-Howe and David Ferbrache OBE explain how cyber criminals are moving towards data theft and extortion, how AI aids impersonation and why a principal should assume an attack will get through. Philip Marcovici warns of pressure on elderly family members, recommends a planning discipline of trusting nobody and expects the mobility of wealth and its owners to narrow. Marshall Jen notes that family disputes can freeze assets. Shield Xiao Dun describes how an abrupt policy change can upend a business. This theme brings those perspectives together, covering threats from outside the family, from within it and from the shifting rules of the places where wealth is held.

The essay

Extortion, exposure and the limits of safe for private wealth

From a family's doubts about Treasuries to AI-driven impersonation and narrowing mobility, guests explain why private wealth's most serious risks are often slow, quiet and personal.

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