Bill Gates in Gates Notes: “The coronavirus pandemic pits all of humanity against the virus. The damage to health, wealth, and well-being has already been enormous. This is like a world war, except in this case, we’re all on the same side. Everyone can work together to learn about the disease and develop tools to…
The corona crisis is a jolt to the wealth management industry. For more innovative private banks, the pandemic represents a historic opportunity. Eight scenarios. The prospects for Swiss private banks – which cater to the financial affairs of wealthy clientele – were dire before the coronavirus pandemic hit. Sandwiched between big universal banks and a…
The wealth-management industry is at an inflection point as innovations such as artificial intelligence, machine learning and big data, combined with the process of digitalization, have the potential to change the competitive landscape dramatically in the next 10 years. Thus, many financial advisors are likely to spend a significant amount of time thinking about the…
