Adam Chodos, Wealth Preservation Group LLC; Angelo J Robles, Hedge Fund Association
Those who focus on alternative investments devote significant effort to accumulating net worth, yet how much effort is devoted to protecting it? The everyday risks, such as car accidents, are covered by insurance; the concern of the affluent focuses on the aggressive litigation that can claim a large part of their asset base. Even when there was no intent, liability is often based on net worth rather than wrongdoing; few juries relate to a defendant with a Greenwich address. Our legal system makes it easy for a plaintiff to bring a large lawsuit and thus it has become increasingly important for those of substance to protect their wealth.
