Pimco's Stracke reports that wealth managers are withdrawing from private credit investments and actively seeking alternative options, still recovering from earlier exit restrictions imposed by several major direct lending funds.

Wealth managers are cautioning higher earners about a surge in pension tax charges, attributing the issue to complex rules surrounding the taper tax trap.

HSBC plans to hire 100 artificial intelligence specialists and 100 wealth managers in Singapore, reinforcing its commitment to expanding its operations and capabilities in the city-state.

The head of Netwealth has criticized wealth managers for allegedly using "deliberate obfuscation" regarding their fees, a warning that comes as the Financial Conduct Authority (FCA) advocates for clearer communication.

Wealth managers are reportedly finding the 'mass affluent' client segment less attractive as they adapt to and integrate artificial intelligence into their financial services.

Wealth managers are reportedly facing a significant challenge in adapting to and integrating chatbot technologies, navigating both the opportunities and the complexities these AI tools present for client interaction and service delivery.

Australia's 2026 budget is being described as one of the most significant in years, particularly for wealth managers, due to its potential impact on the financial sector.

TIFIN has revamped its artificial intelligence platform, offering enhanced tools and capabilities for wealth managers.

Wealth managers on Wall Street are reportedly limiting large withdrawals, a move some analysts compare to a classic bank run and reminiscent of the 2008 financial crisis.

The company 'april' has introduced a new integrated tax platform designed specifically for wealth managers.

The MSCI World index has fallen back, prompting wealth managers to focus their investments on ten specific Exchange Traded Funds (ETFs). These ETFs are currently the preferred choice for investment professionals.

AI chatbots are emerging as a new challenger to traditional wealth managers, though industry leaders emphasize that the human touch in financial advisory cannot be fully replaced.

Many wealth managers offer complex tax-loss harvesting programs involving single stocks, often with leverage and shorting, which can come with significant fees and long-term lock-ins, making a large tax break potentially not worth the wait.

Donald Trump's 927-page financial disclosure is noted as a routine event for wealth managers specializing in direct indexing and cryptocurrency assets.

The merger between UK wealth managers Rathbones and Investec has been stalled due to regulatory checks, following failings that required Rathbones to halt investments from high-risk clients.

Artificial intelligence is seen as a tool that could level the playing field for financial advisors and brokers, potentially highlighting differences between genuine client-first advice and other approaches. While AI is unlikely to replace wealth managers soon, it could expose industry gaps.

Despite initial fears about the impact of artificial intelligence on share prices, wealth managers are increasingly asserting that the technology can work in their favor and are embracing its benefits.

Broadridge has launched a new platform designed to bring crypto and tokenized assets into a single system for wealth managers in Canada.

Wealth managers have revealed the three most important money skills they believe parents should teach their children to ensure financial literacy.

European wealth managers are actively responding to fears that artificial intelligence could render them obsolete, with large advisers seeking to attract clients from slower-moving competitors.

Wealth managers are reducing their fees to attract equity-rich tech workers from AI companies like Anthropic and OpenAI, as the rise of these 'paper millionaires' shifts negotiating power towards clients.

Bloomberg LP has announced its agreement to acquire Canoe Intelligence, a platform specializing in automating private markets data collection. This acquisition aims to bolster Bloomberg's offerings for institutional investors, wealth managers, and family offices.

Professional wealth managers are increasingly advising their affluent clients to invest in America. This strategy reflects a preference for the US market among those managing significant fortunes.

The role of secondary funds as the primary entry point into private equity for wealth managers and institutional allocators is being re-evaluated, despite their prevalence over the past decade.

Hong Kong's Financial Secretary, Paul Chan Mo-po, has commenced a five-day European tour in France, aiming to attract global capital and reinforce the city's position as an international financial hub.

Millionaires from Dubai are reportedly moving to Switzerland, seeking a safe haven amidst the ongoing Middle East conflict, which is expected to bring billions in assets to Swiss wealth managers.

Swiss wealth managers and security firms organized convoys, protection teams, and private jets for their affluent clients when commercial flights were canceled, offering insights into their services.

Not all ​wealth managers, however, view the ongoing Middle East ​conflict as prompting immediate capital flight

Most work in tech sector with top destinations the UAE, followed by Spain and the US, according to Rathbones