A behavioral approach to managing wealth

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Financial services provided by multi-family offices (MFOs) can help individuals manage their investment portfolios more efficiently. Open and frequent communication between manager and client builds trust and enables informed, rational decision-making based on the client’s attitude toward the risks involved. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.