The Carnegie blueprint

FNB is redefining excellence in private banking and wealth management. This year, Euromoney named the South Africa-based outfit the best private bank in Africa, as well as the region’s best for succession planning and serving ultra-high-net-worth (UHNW) individuals. 

A revolution is coming in the high-net-worth (HNW) segment of private banking, thanks to technology – notably artificial intelligence. And DBS is making the most of it.

Lombard Odier’s Michael Strobaek compares being the global chief investment officer of a private bank to being conductor of an orchestra. “I don’t play all the instruments – but I can certainly hear when they’re played wrong,” he tells Euromoney. “I know when something sounds right or wrong. And I have a very fine feel for how you communicate with clients.”

Leading the global evolution of digital wealth management

Every private bank with international scale believes in its superior ability to serve super-wealthy family offices. But like the Highlander, there can only be one (winner), which this year is UBS.

Pure-play private banks do not try to be everything to everyone. They aren’t retail banks and they don’t underwrite stocks and bonds. They’re wealth managers in the traditional sense, helping clients invest with longevity and legacy in mind, creating tailor-made investment strategies that align with the individual’s ambitions. 

Transforming private market access for wealth managers

“We focus exclusively on meeting the needs of ultra-high-net-worth individuals, family offices, endowments and foundations, and have the privilege of working with some of the most successful people in the world.” Everything you need to know about Goldman Sachs’ dedication and commitment to serving ambitious, sophisticated ultra-high-net-worth (UHNW) clients around the world is summed up in those words from co-head of global private wealth management Meena Flynn.