Risk, professional reputation in age of disruption – Ryan McSharry writes for Wealth Briefing
April 4, 2024
In an article for WealthBriefing, UK Head of Crisis & Litigation Ryan McSharry explores the reputational challenges facing advisory firms in an age of disruption and volatility.
He delves into the both proactive and strategic approach necessary for firms to prepare for, respond to, and successfully recover from crises and to uphold hard-won professional reputations.
We are living in volatile times.
While reputational risk management is not a new concept, recent years have seen advisory organisations grappling with even more challenges than usual, from ESG concerns and geopolitical risks to heightened regulatory scrutiny.
Preparing for the unexpected, developing and, crucially, maintaining an up-to-date understanding of reputational risk is vital for advisors who often operate at the intersection of complex industries and sensitive client matters.
But while there are significant ramifications from getting it wrong – there are positive benefits from getting it right.
Read the full article here.
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