As mandates grow in number, severity and complexity, wealth management firms increasingly look to technology for help.
So-called tax havens face pressure as regulators seek to stem malfeasance, but there are legit reasons to go offshore.
David Bailin, global head of investments at Citi Private Bank, talks with Global Finance about the worldwide growth in family offices and how investing globally can boost portfolio returns.
The complex wealth of globe-trotting executives and entrepreneurs comes with unique considerations, requiring specialized understanding and advice.
While philanthropy has a long tradition among the ultrarich, private bankers say the inclination to give is stronger than ever—and vastly more complex.
At Global Finance’s annual private-bank awards dinner in Manhattan, talk revolved around how wealth can best serve people and create value worldwide.
Saod Obaidalla, executive vice president and head of Private Banking at Emirates NBD, speaks with Global Finance about the evolution of the regional economy and the bank’s plans to compete with global rivals.
Private banking spent the past year out of the spotlight, which allowed it to focus on trimming costs while developing technology to deliver greater service. This year may be different.
Sung-Yeop Kim, executive vice president and head of the Wealth Management Group and Private Banking for KEB Hana, talks with Global Finance about how his bank serves Asia’s growing ranks of wealthy.
Study of wealthy Millennials finds more interest in private equity than robo-advisory, and a desire to “do good” as well as get good returns.
Winston Churchill refused to listen to wealth advisors’ advice and often acted contrary to what they suggested, according to David Lough, a private banker of long standing who has recently published a book entitled No More Champagne: Churchill and His ...
Millenial millionaires aren't quite the "millionaire next door" of yore: they come with new attitudes and new futures to carve out.
"There are three principal ways to lose money: wine, women and engineers. While the first two are more pleasant, the third is by far the more certain", famously said baron Edmond James de Rothschild.
Wells Fargo's Investment Institute offers a glance on key themes in the Investment Industry for 2016.
What is the single most critical factor wealth managers must change about their service in the next 12 months? Improve operational effiency 30% Improve technological iterations (eg web, app, email, ...
The world’s best private banks, as determined by Global Finance, are finding ways to recast their businesses for the future.
With billionaire president-elect Donald Trump in the White House, we may be about to witness a revival of bling. Trump has promised to lower taxes on the wealthy, giving them more to spend on everything from Apples (iPad) to zircon ...
Paolo Sironi, thought leader for IBM in wealth management, talks about robot financial advisors and how they could make personal finance--from retirement planning to saving for college or a vacation--more engaging.