60-second interview with Andrea Tavecchio

Andrea Tavecchio, 20/5/2019

Andrea Tavecchio TEP  is the founder of Tavecchio Caldara e Associati based in Milan. 

What does your firm or organisation do?

Tavecchio Caldara e Associati advises high-net-worth individuals and families, with particular reference to estate planning, wealth transfers, business succession and asset protection.

What has STEP done for you, individually, or as a business?

STEP gives us more of an international outlook.

What is the most important thing STEP does, in your opinion?

For us in Italy, we benefit from our monthly seminars; and worldwide, the STEP Journal and the Special Interest Group meetings.

You will be speaking at the STEP Europe Conference in June. What will you be speaking on?

I’ll be talking about people and families on the move, including new residence and citizenship destinations, from an Italian perspective.

Why is this topic important for practitioners in 2019?

Italy has a wide range of new provisions and is now an attractive option for those on the move.

What do you most like about your job?

The mix between soft and technical skills that are needed to deal with our clients.

What would you say to a young person thinking of a career in this industry?

Your job is safer than you think. Robots, or AI, will be no substitute for the soft skills needed to work with private clients - or not in the medium term.

Which sectors are likely to see the strongest future growth, do you think?

I would say cross-border estate planning.

What about jurisdictions?

In a globalised, confused and competitive world is difficult to make predictions. We follow our clients’ needs.

What trends do you see in the global private wealth sector at the moment?

I envisage family offices playing a key role.

What do you feel are the main challenges facing your organisation at the moment, and how will you deal with them?

It can be a challenge to attract talent. All the young smart people are chasing unicorns!

Which social media channels do you use?

I’m on Twitter: @actavecchio

Andrea Tavecchio TEP  is the founder of Tavecchio Caldara e Associati based in Milan. He specialises in private client and family business work. He served on expert committees at Italy’s Ministry for Economic Development from 2011-13 and the Prime Minister’s office from 2014-16. He is treasurer of the STEP Italy Branch.