Private Banking Growth: Global, Product, & Demographic Trends

Exploring the Evolution of Private Banking & Wealth Management: Growth, Change, and Long-Term PerspectiveThis episode delves into the dynamic world of private banking and wealth management, focusing on growth and change. Tucker York, global head of Goldman Sachs Wealth Management, emphasizes that growth is emerging from nearly everywhere, driven by global economic expansion, product evolution, and demographics. Private credit and alternative investments are expanding, while demographics bring new individuals into the ultra-wealthy segment. Wealth managers must help clients maintain a long-term perspective, understanding their objectives and resisting short-term market fluctuations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.