Spotting when a private client has an addiction and how this can be managed is a vital tool for the wealth management sector and with this in mind law firm Farrer & Co held a seminar at its London offices this month highlighting how to spot when an individual has a problem and what can be done to help.

A non-judgmental approach is crucial when faced with a friend, relative or client with an addiction, according to Bryony Cove, a private client partner at Farrer, as addiction should be seen as an illness rather than moral failing – “it is important for advisers to understand the nature of ad...