Thomas G. Kennedy
Director, Compliance
US Private Banking & Tailored
Portfolio Group
THE CITIGROUP PRIVATE BANK
New York, New York
Tom will present a survey of the key risks and the most effective
mitigants for them when managing accounts for high net worth
individuals and their associated entities. Topics considered will
include fiduciary risks involved in KYC, suitability and investment
objective setting for complex entities/family offices, potential
conflict risks due to increased risks of multiple involvement/affiliate
transactions with the ultra high net worth family and their related
entities, and risk management challenges for tax aware investment
managers in multijurisdictional environments and for capital gains
embedded accounts.
