A very interesting read about the increased importance of family offices in the financial landscape and the increasing role of Switzerland in hosting them. This trend will help high net worth families to avoid the old adage of shirtsleeves to shirtsleeves in three generations, assuming they use the right planning and reputable service providers. Clients using a Swiss trustee benefit from one of the world's premier financial hubs to host their fiduciary structure and pass on their legacies for generations to come.
Switzerland, thanks to its status as one of the world’s leading private-banking centres, sits at the heart of the family office boom
https://amp-ft-com.cdn.ampproject.org/c/s/amp.ft.com/content/ea111516-b365-4d17-bea5-a6f3152d0db6