Latitude Consultancy Appoints Family Office Maven Wendy Craft To Advisory Board To Meet Rapidly Growing Demand Of Legacy Planning From Ultra High Net Worth Individuals

LOS ANGELES, Nov. 11, 2021 /PRNewswire/ -- Latitude Consultancy Limited, a pioneer in residency and citizenship-by-investment, announced today the appointment of Wendy Craft, chief of staff at Fulcrum Equities, LLC, the multi-billion family office of Kent Swig, 3rd generation patriarch, to its advisory board. Continuing the company's recent growth with office openings, the appointment of Craft will contribute to the next phase in Latitude's strategic advancement in the burgeoning US market. 

Latitude has experienced an increase in inquiries from family offices seeking security for their family legacy with a non-depreciable asset in the form of a residency or an additional passport through citizenship by investment overseas. In recent years wealthy Americans, in part due to pressures of reduced visa-free travel, political and social unrest, climate change and other factors, have been actively exploring a 'plan b' resulting in a 300% increase in citizenship and residency by investment inquiries. 

"Ultra high net worth individuals and their family offices are increasingly considering alternative citizenship and residency to provide more options in life for themselves and their families. Seeking a 'plan b' through the security of an additional passport or residency, an asset that will never depreciate and can be passed to the next generation within a family, has driven the vast majority of our conversations with prominent families since the beginning of the pandemic," said Eric Major, CEO and founding partner, Latitude Consultancy. "The remarkable experience, leadership and influence Wendy brings to Latitude will inform our strategy and direction, directly contributing to our growth trajectory as we address the needs of elite family offices."

Now in its 4th generation, the Fulcrum Equities family office has a strong focus in the real estate market, and co-invests with other families on a variety of businesses around the world. Prior to working with Mr. Swig and his family, Craft was general counsel to the Shepperd Family Office, an international investment entity located in Zurich, Switzerland.

"The family office, high net worth, ultra high net worth and investor market that I serve have long sought to secure and protect their legacies. An additional passport or residency is a frequent topic of conversation amongst this highly connected group," said Wendy Craft, Advisor to the Board. "As a trusted community member of the world's wealthiest individuals and their families, my role is to ensure anyone engaging with this community is well vetted and trusted. This is where Latitude's values closely align with my own."

Latitude is currently the first and only global citizenship-by-investment firm with dedicated offices in the U.S., empowering wealthy Americans with more choice to augment their citizenship and global presence.

ABOUT LATITUDE
Latitude is a leading government-approved partner and an authorized agent in all of the world's most popular citizenship and residency programs including Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, Vanuatu, Portugal, and Malta. Latitude's experience in consulting with clients and governments has informed that building a new is complicated, developing the acronym SMILE to describe the necessary elements needed for a successful change of citizenship or residency: security, mobility, investment opportunity, lifestyle and education or employment opportunities.

Latitude maintains offices in 18 different countries including Anguilla, Brazil, Canada, Cayman Islands, China, India, Lebanon, Malaysia, Malta, Montenegro, Morocco, Nigeria, South Africa, South Korea, UAE, USA, UK and Vietnam. Our executive team has more than 100 years of combined experience in the investment migration industry. An unrivalled international network of partners and institutional relationships provide a unique and compelling proposition for our clients. What makes Latitude really stand out from the crowd is our approach: genuinely innovative products, competitively priced services and customer-driven, hands-on delivery.  Our clients expect the world – we deliver it. Welcome to your world. www.latitudeworld.com.    

SOURCE Latitude Consultancy