FOXCast CEO Series: Catering to the Lifestyle and Wellness Needs of UHNW Families with Tim Daum

Catering to the Lifestyle and Wellness Needs of UHNW Families with Tim Daum
Publish Date: Thursday, Sep 5, 2024

38:41

Today, I’m excited to speak with Tim Daum, co-founder of Veltracon Lifestyle, a Swiss lifestyle management company offering tailor-made solutions for UHNW clients. Veltracon caters to a broad range of lifestyle needs, ranging from luxury and collectible autos, exclusive events, private education, luxury goods, art, luxury travel, private security, and medical concierge. Tim has been active in the lifestyle management industry for nearly 10 years, and prior to Veltracon, he founded Swiss Private Education Network and at Swiss Private Clinic Network.

Tim provides an overview of the lifestyle and concierge space serving UHNW individuals and multigenerational families, covering the full scope of needs and services that are commonly in demand by UHNW clients. He also describes how the lifestyle and concierge industry has evolved in the past couple of decades and outlines the major trends shaping the space and how they differ among UHNW families from different countries and cultures across the globe.

Tim and his firm assist their clients with a broad set of unique needs and highly bespoke services, and he shares some of the tips he has for UHNW families who are considering or using private lifestyle services and solutions.

Nowadays, health and wellbeing are quickly becoming the most in-demand segment of the lifestyle concierge space. Tim and Veltracon have created a special subsidiary of focused on medical concierge and emergency preparedness solutions. Tim offers his advice for families of wealth about how they should approach bespoke medical care and holistic health and well-being risk management solutions.

Please enjoy this informative and practical conversation with a highly specialized and knowledgeable provider of niche and bespoke solutions in the UHNW lifestyle space.