'We [spend] a lot of time saying "do you realise that this could happen? Are you comfortable if it did? You’ve got to be prepared for more volatility,"' says Progeny’s CEO Neil Moles.
Moles ruminates about how market sentiment has changed in the last few years. ‘We’re not thinking doom and gloom any more’, he says, adding that his firm are willing to remind HNWs of events over the past three decades that led to shocks to the stock market.
His firm offers private and corporate legal advice on top of its financial planning and discretionary investment management services. Moles is proud of his client-facing role, which he says helps him to gauge HNWs’ psyches.
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Top Recommended 2023, HNW Wealth Managers