Our Scans · (FS.1.03) Private Banking & Wealth Management · Weekly Summary

• [New] England's central bank chief reportedly wants increased oversight into stablecoin and private finance risks. PYMNTS.com
• [New] The financial advisor industry is facing a critical shortage, with an estimated 100,000 advisor deficit by 2034. Financial Advisor Training Institute
• [New] Generative AI even allows companies to create evolving personas that simulate how Gen Z, ultra-high-net-worth individuals, or Chinese millennials might change their agendas over time. Peter Fisk
• The largest US bank by total assets will soon allow trading and wealth-management clients to use crypto ETFs as loan collateral, beginning with BlackRock's iShares Bitcoin Trust. Crypto Briefing
• By 2026, high-net-worth individuals and institutions aim to allocate 8.6% and 5.6% of their portfolios, respectively, to tokenised assets. Electro IQ
• With the UK Autumn Budget likely to tighten fiscal policy and the US preparing for reduced estate tax thresholds, accountants and private client lawyers agree that 2025 will be a pivotal year for wealth planning. Citywealth
• As the UK faces a potentially tax-heavy Autumn Budget and the US prepares for sweeping sunset changes to estate tax laws, top lawyers and accountants share which rules they praise, which they condemn, and what reforms could reshape private client work in 2025. Citywealth
• Tax Benefits: The Lump Sum Tax Agreement offers a unique opportunity for high-net-worth individuals to benefit from Switzerland's favourable tax policies without engaging in employment. Travel And Tour World
• High-net-worth investors target aviation equities amid geopolitical risks, focusing on eVTOL (37.2% CAGR) and SAF ($59.98 B 2034 projection) sectors. Ainvest
• Taiwan's wealth project is housed in a designated 9 sq km sandbox zone in Kaohsiung which will pilot private-banking offerings for high net worth clients. ST
• Bitcoin MENA will once again gather industry leaders, high-net-worth individuals, institutional investors, entrepreneurs, public officials, content creators, and learners under one roof - for serious conversations about the future of money. The Cryptonomist
• The success metrics bank on a response from the private sector: the eight priority sectors are expected to ramp up investment sharply over the next decade - headline targets for advanced manufacturing, clean energy, and professional and business services alone add tens of billions. APPG for Entrepreneurship
• Emergence of Central Bank Digital Currencies (CBDCs): As central banks worldwide speed up their exploration and development of national digital currencies, the landscape for private digital payment assets could change dramatically. AMBCrypto Blog
• The presence of a younger, aspirational demographic and High-Net-Worth Individuals (HNWIs) in North America is anticipated to create a surging demand for luxury goods. Persistence Market Research
• Build Durable Income Streams & Diversify Risk While traditional portfolios of global equities and high-quality bonds form a strong foundation for income consistency, some high-net-worth investors add asset classes to improve diversification and cash flow. EP Wealth Advisors
• The European Investment Bank and regulators will prioritize lending to defence firms to boost private investment. One Faith Gospel Ministries
• Take the wealth management industry - according to the Centre for Economic and Business Research, women are expected to hold 60% of the UK's wealth in 2025, yet the managers who serve them are overwhelming male. Prosek Partners
• 56% of surveyed high-net-worth individuals stated they plan to spend more on travel in 2025 compared to 2024, with 36% focused on securing VIP-level experiences. Travel And Tour World
• High-net-worth individuals and institutional investors plan to allocate 8.6% and 5.6% of their portfolios, respectively, to tokenized assets by 2026. CoinLaw
• The BRICS group (Brazil, Russia, India, China, and South Africa) plans to create a Multilateral Guarantee Fund, supported by the New Development Bank, in order to mobilize large-scale private investments and reduce financing costs in member countries. Financial Afrik
• HSBC is making one of its biggest bets on its investment banking business in Asia and the Middle East, the areas where it believes there is much opportunity, such as wealth management, trade finance, and digital banking. ABC Money
• With a major tax and spending package recently signed, tariff frameworks shifting rapidly and the global economy in flux, it's important to know what you can expect in 2025 and stay on top of long-range tax planning. Armanino LLP

Last updated: 06 November 2025