Two Minutes with Hélie de Cornois, Partner & Head of Family Office, Luxembourg
Stonehage Fleming offers a diverse array of family office services in continental Europe including an active office in Luxembourg. We spoke to Hélie de Cornois about the support we provide to families.
The blend of services each family requires is as diverse the families themselves. Some are focused on investments, while others concentrate on wealth planning. The needs of our client families call for polymorphous skills. For me, the most important is a high level of emotional intelligence to understand how a family works – both its strengths and areas for development to ensure its long-term survival.
Most families we work with have assets located outside their country of residence. Our expertise is in dealing with this extra layer of complexity. Many families’ primary concerns revolve around coordinating cross-functional issues relating to financial matters, including asset management, estate planning and the monitoring of corporate structures. We support them with this while also managing the intra-familial and cross-jurisdictional complexities.
Our distinction in continental Europe remains our reach and depth of expertise. We have over 140 years of experience serving leading families. Our versatile range of services – we believe – is second to none. We support clients across multiple jurisdictions, particularly in the English-speaking and Francophone world.
Our ‘consultative’ approach is crucial to our offering. It harnesses the power of both our in-house expertise and our expansive international networks. Additionally, the scale and reach of our core business means that we have a track record of working with top-tier service providers which further amplifies our capabilities.
There is a growing trend towards international and portable structures. This is due to regulatory changes in many jurisdictions, as well as more frequent relocations. Interestingly, new policies can simultaneously drive some away while enticing others. We are finding that many destinations that were once popular havens are very often the places people are leaving in droves.
Clients seek advisers in whom they can place absolute confidence. Increasingly, the families we work with we find that the complexities of life call for some form of family office service. Working with a business like Stonehage Fleming enables them to devote their time to other matters, safe in the knowledge that their assets are being properly managed.
Find out more about Stonehage Fleming's Family Office