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James Hender is mindful that the next generation, with its strong social conscience and desire for change, is an important driver of attitudes in the private wealth sphere. ‘The millennials are starting to be in a position where they’ve sold out their businesses and they see the world differently,’ he says. Hender sees the mood of social responsibility permeating his wider client base, with clients more eager now than ever before to give back to society. The head of Saffery’s Private Wealth practice also describes a significant ‘change in mood’ throughout the City in relation to wealth. ‘People are more cautious about displaying their wealth, but they’re also considering philanthropy and reinvesting in new businesses.’

James Hender