For international ultra-high-net-worth (UHNW) families—those with a net worth of US$30 million or more—managing wealth has become an increasingly global and complex challenge. Their portfolios often span multiple borders, involving private companies, real estate, funds and foundations across various jurisdictions. While diversification can create additional opportunities, it also raises exposure to taxes, regulation, political risks and estate complexities.
Homer Smith, the executive director of Integrated Private Wealth and co-author of Making Smart Decisions: How Ultra-Wealthy Families Get Superior Wealth Planning Results, states, “When families expand their wealth across borders without intentional structure, they often create hidden vulnerabilities. True diversification only works when legal, tax and governance frameworks evolve alongside global investments.”
