R.F.O. WEALTH ADVICE

7 To ensure greater diversification in wealth management and more precisely in asset allocation, art collection and archive enhancement together with investments in the art market have acquired great importance. Indeed, not only is their performance curve not influenced by other market trends (such as that of raw materials, currencies, bonds and shares), but it tends to remain positive even during the so-called bear markets. For this reason and particularly in this historical period, the enhancement of any object (book, painting, sculpture and/or any other collection having a cultural value) represents a necessary process since a collection, thanks to its correct filing – better yet if digital – can be correctly interpreted and managed at any time. The development of activities in the philanthropic sector is gaining more and more ground and Family Offices constitute a farsighted response to family corporate finance needs. It is particularly well suited for activities in the sports sector since it offers a good solution in terms of risk management for family activities often characterised by emotional choices. These specific sectors of interest create a lot of curiosity and passion in the younger generations and their involvement in view of their entry into the management of the family assets can constitute a very useful training. The main advantage offered by a family office is that all the different actors, each for his/her specific skills, work together to protect and maximise family assets.