The private banking and wealth management sector is at a turning point, driven by technological advancements, shifting client expectations, and regulatory complexity. With $72.6 trillion transferring from baby boomers to millennials by 2045, firms must adapt strategies to include broader service offerings and enhanced digital experiences.
Keep reading
Suggested by pillar/sub-theme, then market overlap, then recency.
As we approach 2025, high-net-worth individuals face an increasingly complex global economic landscape that directly influences their investment strategies and portfolio decisions.
Private banking is shifting: portfolios and performance are now the centre of gravity. Investment Advisors are increasingly driving client retention, while many RM models remain misaligned with what clients value most.
According to Swiss publication SonntagsBlick, UBS is planning to cut up to 10,000 additional jobs by 2027. This signals that the Credit Suisse integration is more challenging than publicly acknowledged.
Family offices are no longer discreet satellites of private banks — they are becoming competing ecosystems. The growth is structural, and it is reshaping mandates, talent, and how UHNW clients allocate capital globally.
The Swiss private banking sector demonstrates exceptional stability amid escalating global tensions, with industry assets under management reaching record levels and providing valuable lessons.