Earlier this week, The Luxury Institute, LLC published its most recent research on the current values and priorities of UHNW individuals and families. As a business deeply committed to serving the needs of this group, we found several of the key takeaways very exciting and an endorsement of our own business model: 👨👩👧👦 The research found that
By 2030, millennials will hold five times as much wealth as they do today. That’s just one of the startling figures detailed in this piece by The Drum that illustrates the changing face of UHNW and HNW consumers globally. As wealth changes hands to a generation with different habits than those before, financial institutions around the
“Don’t find customers for your product. Find products for your customer.” – Seth Godin The current landscape for traditional private banks and the private wealth sector is changing. Clients are becoming younger, more accustomed to using tech and are doing business all around the world. This new type of high-net-worth individual requires traditional aspects of