Who’s the Boss?!?

Who’s the Boss?!?

How professionals can work with a newly empowered investor

In the 1980s’ TV show, “Who’s the Boss?” Tony Danza is hired as a nanny to take care of the children, but he soon rules the household. He usurps power in many ways, sometimes appreciated, but not always. Power struggles are never pretty—in a marriage, a business partnership or perhaps most excruciatingly, when a two year old insists on something “now!”

Unfortunately, the traditional ultra-high-net-worth (UHNW) client can be reminiscent of th

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