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Surrogacy arrangements and egg freezing are becoming increasingly commonplace with celebrities such as Kim Kardashian West and Kanye West, Andy Cohen, and Elton John speaking openly about their experiences. Yet despite the increasing number of children born via surrogate, this path to parenthood is far from simple. With many UHNWs travelling to California to achieve their parenthood goals, Citywealth’s April French Furnell spoke to advisors both sides of the pond for their top tips.
Forget the image of the old-fashioned landed estate owner resting on his laurels, today’s landowners are land entrepreneurs who embrace change to sustain their operations, according to advisors to the UK’s largest landed estates. However, a change is on the horizon; one that will bring a mix of opportunity and challenge.
Chicago is home to a tight-knit business community and a thriving mid-market corporate base, renowned for core manufacturing and a food services industry built on the spoils of the agricultural Midwest.
Powerful investors are calling upon their investment managers to deliver more: more innovation, more impactful products and more measurement.
Events
Awards and Club News
Congratulations to this year's shortlisted contestants. Support the next generation by voting for your favourite. The winners will be revealed at a ceremony on the 11th November.
On the 14th September, our Tomorrow Club and WP Club members enjoyed their first virtual networking session. There were cocktails, snacks, and lots of discussion and connections made. For more information contact Calin Lapuste.
View the shortlisted contestants in our flagship event, the Magic Circle Awards.
The Powerwomen Awards will be back in 2021 with a difference. We will be hosting two cocktail receptions for the winners and shortlisted contestants in March 2021 in New York and London.
Features and news
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The coronavirus pandemic and subsequent worldwide lockdown brought wills and estate planning to the fore, not so much a rainy day but a coronavirus tsunami. Lawyers and advisors received calls around the clock from wealthy clients, prompted by the fear of serious illness and possible death: all wanting to ensure their wills were up-to-date, powers of attorney in place, and estates in good order in case the worst happened.
Guillaume Glipa, a name synonymous with some of London’s most celebrated restaurants (Umu, Zuma, Coya, Chiltern Firehouse) proudly reveals the details of his own debut, Louie - a joint venture with Laurent de Gourcuff, for whose “Paris Society” group it will be the first venue to open in a London location.
Not for the faint hearted, owning a horse or a yacht is deemed a rich man or woman’s hobby because of the sheer cost involved and the things that can go wrong. So if a horse or horse course ownership is in your sights, perhaps testing the water in a syndicate or fractional ownership programme could give you a head start.
Investing in your passions might seem indulgent but it can allow for diversification and if invested wisely, strong returns. In Citywealth’s latest update on passion investing, April French Furnell explores the latest trends in two popular choices for passion investments: art in fractions and celebrity jewellery.
Leaders List
Leaders List – Latest News
Meet the women behind the headlines. From leading on global mergers of trust and fiduciary businesses, to coordinating the evacuation and relocation of a business team due to Hurricane Irma, to undertaking management buy-outs. Citywealth shares an insight into the women and their leadership qualities.
Citywealth conducted a research programme over several months to create a Top trust litigator list fit for purpose.
Often choosing a private banker and bank are synonymous. Private bankers are the first port of call, and the face of the business, and at its heart private banking is a relationship business. With that in mind, Citywealth invited a selection of the industry’s private bankers to share their leadership style, what makes their bank unique, and how they are adapting to and overcoming challenges. From embracing technology to deepen client relationships, to ensuring a diverse team who can not only communicate to clients from different nationalities but also crucially, understand their culture.
Suzanne who has been a family and divorce lawyer for over thirty years has training in arbitration which is a process where couples can find a private, negotiated resolution to their separation. Most recently she managed a prenuptual agreement involving £2 billion of assets.
Citywealth Weekly is a mid-week roundup of topical news from the private wealth sector, expert opinion and lifestyle reviews, delivered straight into our readers’ inboxes. New subscribers will be included in a monthly prize draw for a chance to win a bottle of champagne.
