Scenario Planning

Related terms: scenario planning, risk management, investment strategy, due diligence, economic outlook

What is Scenario Planning in Family Offices

Scenario Planning is a strategic planning method used by family offices to create flexible long-term plans by considering various potential future scenarios. This approach helps family offices anticipate changes in economic, political, and social environments, allowing them to make informed decisions to protect and grow family wealth.

Benefits of Scenario Planning for Family Offices

Scenario Planning enables family offices to identify risks and opportunities, enhance decision-making, and ensure resilience against unforeseen events. By preparing for multiple scenarios, family offices can better align their investment strategies and family governance structures with long-term objectives.

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