Global Wealth Managers: Out of the pit stop – into the fast lane
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Global high-net worth wealth grew by 4 percent in 2018. This growth is far below past years as a more challenging market environment negatively affecting asset performance. Wealth Management business valuations decreased by more than 20% in 2018. Kai Upadek, Head of Wealth Manage
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4 items2026 Bank of America Private Bank Study of Wealthy Americans
The desk posits that affluent families are increasingly focusing on longevity and family business transfers as pivotal factors in wealth management strategies, as highlighted in the Bank of America Private Bank Study. Respondents overwhelmingly recognize longer life expectancy (over 90% cited its importance) as a critical component in their financial planning, indicating a substantial need for holistic advisory services. Current market positions reflect this shift in wealth management dynamics. The study underscores a likely demand for tailored wealth solutions to address these evolving needs, potentially impacting wealth-centric currencies such as the USD and EUR, especially as we head into 2026 amidst changing economic conditions.