Things to Consider When Creating Executive Protection Services for Wealthy Families

Sidney Reso, president of Exxon Company International, was kidnapped from the driveway of his home and ultimately murdered in 1992.  Edward Lampert, one of the nation’s wealthiest investors, was kidnapped in the parking garage of his offices in 2003 and was released after promising $5 million to his kidnappers. These are only a few examples, but events such as these have led to an increased use of executive protection services by wealthy families in order to better protect and safeguard themselves, their loved ones, and their property. This article offers advice into the options that exist for executive protection services and what family offices should look for when hiring an executive protection professional.