For advisors prospecting for super-wealthy Europeans, we have a very good idea where a few dozen will be this coming Sunday.
Sure, in the United States many are preparing for the upcoming Memorial Day weekend. Europe is another story. Millions of European eyes will be tuning in to the Monaco Grand Prix on Sunday, part of the Formula 1 World Championship series of races. The very lucky few will be there in person.
The truly, exceptionally wealthy few, however, will be able to at least stay in their yachts, if not view the race from them. In fact, Lloyd’s List Intelligence and its Seasearcher product (a fellow subsidiary to WealthManagement.com under the Informa corporate umbrella) shows over 74 yachts already docked or moored, though more than a dozen of them are too large and are anchored a bit offshore.