In practice, the challenges of managing wealth across borders are often less about strategy than about execution.
At the Family Offices & Asset Management Summit (FOAM), Andrea Noormann, CEO of 3S Money Europe, pointed to a reality many family offices face: once structures become international, day-to-day operations quickly become complex.
Multiple entities, different jurisdictions, several currencies: what looks manageable on paper often translates into fragmented accounts, slow payment processes and limited visibility on cash positions.
In that context, managing accounts, payments and liquidity is no longer just administrative. It directly impacts how efficiently structures can operate across countries.
For family offices, this usually reflects the footprint of the families and businesses they support, with flows moving regularly between markets and entities.
This is where tools such as multi-currency accounts and cross-border payment solutions come into play, helping to simplify execution rather than redesign structures.
3S Money provides business accounts for companies operating internationally, allowing clients to send, receive and manage funds across markets, with coverage in over 190 countries and destinations.
The firm has recently expanded its presence in Paris, where it now offers French IBANs, alongside services tailored to local requirements, including capital deposit certificates available in both France and Luxembourg.
More broadly, discussions at FOAM highlighted how operational topics, often considered secondary, are becoming increasingly central alongside investment decisions. As structures expand, the ability to manage flows, entities and jurisdictions in a practical and efficient way is now a key component of how wealth is organised.