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A growing convergence of risk globally will amplify the challenges for family offices and the family members they represent.

Over the past decade, family offices have encountered increasing complexity in the matters they handle on behalf of high-net-worth families. Whether strategic, personal, commercial, or financial concerns, the complex, convergent nature of risks facing these families requires family offices to adopt a different approach to risk management than many have in the past. New exposures will continue to emerge, but family offices can manage them with the right team and specialized expertise.