Professional Wealth Management

1 week ago | pwmnet.com | Yuri Bender

Mid-market wealth managers have the mindset and flexibility to rapidly transform their culture and client relationships, yet they often lack the assets to create major disruptions. The wealth management industry is looking to its largest players for waves of digital disruption, transforming relationships with clients and stewardship of their assets. Each continent boasts its own regional champions, with several able to instigate cross-border innovation.

1 week ago | pwmnet.com | Elliot Smither

Diversification across regions and megatrends — including clean energy transition, wealth transfer and AI — remains critical for wealthy investors during uncertain times. Since president Donald Trump’s April 2 announcement of new tariffs, markets have oscillated in tandem with his shifting rhetoric — on China, Federal Reserve Chair Jerome Powell, and the tariffs themselves.

2 weeks ago | pwmnet.com | Elliot Smither

Within 10 years, artificial intelligence is expected to learn how to identify asset correlations that human analysts can never detect. Artificial intelligence (AI) is no longer a futuristic abstraction for the asset and wealth management industry. It is already reshaping how firms analyse markets, construct portfolios and manage risk. From high-frequency trading to robo-advisory services, AI is transforming financial decision-making at an unprecedented pace.

2 weeks ago | pwmnet.com | Elliot Smither

The end of the post-war political, economic and security consensus has major consequences for business models and asset allocations. Two major pronouncements were made by leaders of transnational institutions in mid-April, which set the scene for building a new world order.

2 weeks ago | pwmnet.com | Elliot Smither

Expectations of rapid return on investment generated by new innovations in artificial intelligence can lead to frequent changes of direction, which wealth managers must resist at all costs. More than two years after the beginning of the explosion of generative artificial intelligence (AI), the enthusiasm has not waned. Large language model (LLM) providers compete every day with announcements and new releases that turn heads and promise a bright tomorrow. This frenzy is hard for users to follow.