Private Client Work Goes Global

Private client work has changed in both complexity and geography, said attendees of the fifth annual Private Client Forum. While there may still be a concentration of millionaires in the G8 economies, the rate of growth in the number of millionaires being created is significantly higher in Asia, the Middle East and Latin America. "We need to know about tax and legal systems everywhere our clients are from -- and that means everywhere," says Macfarlanes partner Sebastian Prichard Jones.