Wealth managers are both trying to manage the fortunes of millennial gamers and incorporating gaming elements into their own offerings

High net worth individuals are increasingly likely to move around, but wealth managers are falling short when it comes to offering international services

Having ruled the roost at Julius Baer for almost a decade, eyebrows were raised when Boris Collardi signed up to run Pictet’s wealth management business. But will he be able to exert the same influence he enjoyed in his old role? 

Many entrepreneurs see social impact as a part of what makes their businesses successful. Wealth managers can help, for example by providing access to socially responsible investment vehicles and demonstrating the financial case for impact investing 

The younger, more dynamic private banks which cut their teeth in the emerging regions appear better placed to rise up and challenge the global leaders for a seat at the top table than the more traditional European names 

Technology has helped private banking to implement efficiencies and cut costs. But it is proving much harder to boost profitability

Wealthy individuals are conscious of having to prepare for the unexpected, though many possess an incomplete understanding of risk profiling and processes. Their advisers need to bridge this gap

Having experienced the benefits of customisation in other areas of their lives, wealthy investors now demand a more personalised service from private banks