Modern Strategies to Level Up Your Health and Wellness

Wealth is nothing without health. Find out why there’s increased focus today on enhancing health and wellbeing. We look at three advanced strategies to promote self-care.

These days, people are increasingly interested in maintaining and improving their overall health and wellness.  We are bombarded with messages, videos and adverts touting the next big innovation in healthy living.

This heightened focus on self-care is not without merit; people are generally living longer than ever. If you are going to have an extended lifespan, the theory goes, why not be as healthy as possible to enjoy those extra years? But “healthy” means different things to different people and may encompass physical, mental, emotional, psychological and spiritual health to varying degrees.

Invest in yourself

Unsurprisingly, high-net-worth individuals are often at the forefront of this health-conscious movement. Just as they pursue sophisticated strategies to build, protect and distribute their wealth, so too they turn to specialised strategies that may help them maximise their longevity and long-term health.

If you’re among the ultra-wealthy with the desire and financial means to actively engage in optimising your health, consider three strategies that are front and centre of this growing trend:

  1. Concierge predictive medicine. A concierge approach builds upon general practice medicine and provides many bespoke benefits for those seeking highly personalised, fully coordinated care. Programmes feature comprehensive health assessments and biomarker screenings that analyse your tissue, blood or other fluids using the latest medical technology. These advanced screenings help your physician predict and diagnose a range of health conditions, while devising customised, proactive treatment regimens. You’ll also receive: dedicated support round the clock; priority access to consultations, testing and referrals to specialists; and tailored preventative care to help you address serious medical issues before they even arise. Availing yourself of concierge medicine is one of the most impactful investments you could make in your long-term health and wellbeing.
  2. Biohacking and regenerative therapy. Biohacking uses scientific and technological methodology to evaluate elements of your health and promote ways of improving your lifestyle and performance. A simple example is wearing a smartwatch to measure your vitals during physical activity, monitor the amount and quality of sleep you get or track your pulse and heart rate. Biohacking may also involve DNA testing to personalise and optimise your dietary habits to match your body composition and unique health objectives. Regenerative therapy aims to restore your body’s functionality by focusing on repairing, replacing or regenerating damaged cells or tissues. Examples include stem cell therapy that uses the body’s own foundational cells to help treat severe ailments like blood cancer, neurological issues, heart and joint damage, and immunodeficiencies. Injections of platelet-rich plasma using your own blood is another therapy that may repair damaged tissue or cells and help heal a range of joint or muscular injuries.
  3. Elite longevity retreats. The domain of the ultra-wealthy,  longevity retreats combine state-of-the art medical care and data-driven health optimisation with the pampering of luxury accommodations and amenities. As you enjoy an indulgent high-end resort stay, you can take advantage of sophisticated recovery therapies, comprehensive health screenings and personalised nutrition programmes. A primary aim of longevity retreats is not just to promote awareness and treatment of medical conditions, but the use of advanced technology, such as AI-powered diagnostics and modelling, to help prevent serious health issues in the first place. It could be the ultimate in proactive long-term wellbeing.

To your health

You’ve heard the saying “health is wealth”, but when it comes to the three specialised strategies discussed above, the inverse is also true: having wealth can help you achieve good health.

Corient Wealth Advisers have the in-depth training and expertise to help you manage the complexities of financial wealth, but their partnership with you doesn’t end there. They also have experience navigating the intersection of family wealth and physical/mental wellbeing. Corient Wealth Advisers work with clients across the generational spectrum, and they’ve seen firsthand how attitudes towards physical and mental health have shifted over time. They recognise that younger family members, when compared to their elders, are often more comfortable discussing medical treatment and mental therapy, placing a greater premium on physical and emotional wellbeing.

A Corient Wealth Adviser can help affluent families bridge these generational differences, recognising not only the unique physical and emotional pressures that wealth can place on high-net-worth families, but also how to ensure they use their wealth wisely as family members invest in expensive strategies to help them live as well as they can. Contact Corient today to find out how they can help you successfully manage key moments of your financial life and beyond.


ABOUT THE AUTHOR

Mark McMullen

Mark McMullen

Partner, Head of Family Office – EMEA

Mark is a Partner and Head of Family Office in EMEA. His experience includes positions with Stonehage Fleming and Deloitte. Mark holds a Bachelor of Commerce degree and a Postgraduate Diploma in Accountancy from the University of Cape Town, and is a qualified Chartered Accountant. He is a member of the South African Institute of Chartered Accountants (SAICA) and is an Affiliate Member of the Society of Trust and Estate Practitioners (STEP).




CONTENT DISCLOSURE

This information is for educational purposes and is not intended to provide, and should not be relied upon for, accounting, legal, tax, insurance or investment advice. This does not constitute an offer to provide any services, nor a solicitation to purchase securities. The contents are not intended to be advice tailored to any particular person or situation. We believe the information provided is accurate and reliable, but do not warrant it as to completeness or accuracy. 

Corient refers to affiliated entities under common control of Corient Global HoldCo Limited ("HoldCo").  Products and services may be offered through one or more global affiliates and may not be available in all jurisdictions or to all clients.

Healthcare Planning
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Mark McMullen