Sales have concluded


Philip Marcovici will be introducing his new book The Destructive Power of Family Wealth – A Guide to Succession Planning, Asset Protection and Wealth Management at the 2017 Shanghai International Literary Festival. Published by John Wiley & Sons at the end of 2016, Philip will be discussing his book and sharing his views on how wealth owning families and their advisors can seek to avoid wealth being a destructive force.

Philip wrote his book to help families navigate the increasingly complex world of succession planning and asset protection, and to share his often controversial views on the state of the wealth management industry. Philip’s book also contains his views on strategy for private banks, trust companies and others in the wealth management industry looking for success in a time of enormous change and challenge. Philip will discuss issues in and around the failure of the wealth management industry and global wealth owners to address income and wealth inequality and the dramatic political and other changes that abuses of bank secrecy will be bringing to our communities.

A blurb from Philip’s publisher:

The Destructive Power of Family Wealth offers thoughtful, holistic planning to ensure that your wealth remains a positive force for your family. Global taxation regimes, changing bank secrecy laws, asset protection and other critical issues are examined in depth to assist wealth owners and their advisors in planning, and the discussion includes details on essential tools for any wealth management strategy. This book also delves into the psychology of wealth, and the effect it has on different family members; wealth destroys families every day, and smart management means maintaining the family as much as it means maintaining and expanding wealth.

Philip Marcovici

Philip Marcovici consults with governments, financial institutions and global families in relation to tax, wealth management and other matters. Philip is on the boards of several entities within the wealth management industry, as well as of entities within family succession and philanthropic structures. A member of the adjunct faculty of the Singapore Management University, Philip is actively involved in teaching in the areas of taxation, wealth management and family governance.

Philip was the founder and CEO of LawInContext, the interactive knowledge venture of global law firm, Baker & McKenzie. Philip was also a partner of Baker & McKenzie, a firm he joined in 1982, and practiced in the area of international taxation throughout his legal career. One of the founders of the Baker & McKenzie Asian tax practice and international wealth management practice, Philip retired from Baker & McKenzie and LawInContext at the end of 2010 to focus on his writing, teaching and work with global families.

Philip is a graduate of Harvard Law School and of the law school of the University of Ottawa. He is admitted to practice in New York, England and Wales, Hong Kong and British Columbia, Canada (retired).


Sales have concluded

When and Where

 March 20, 2017 at 12:00 PM


 March 20, 2017 at 1:45 PM

 7/F, No.5 The Bund (corner of Guangdong Lu) Shanghai 200002 China 中国上海市广东路20号(外滩5号)7楼 邮编 200002