UHNW planning can be very complicated. I don’t see a world where these type of clients want to model different types of equity comp (psus/rsa) + alts pacing strategy + estate/gifting strategies (slats/grats) on their own.
AI can enable, but it won’t replace the white glove/emotion/trust based service advisors provide for this segment.
Separately, advisors already give discounts to clients who have a ton of wealth. So they may charge their $15 mil client 1% while offering a $100 million client a better price.
"I've found peace in talking about my wife as opposed to talking about the struggle that she endured for two years."
Michael Smith shared a powerful remembrance of his wife, Sarah, who passed away after a brave battle with glioblastoma.
BREAKING: The US Government has begun refunding up to $166 billion in tariffs charged under President Trump after the Supreme Court ruled the policy unlawful.
Beginning today, businesses can file claims through a new customs system.
Over 330,000 importers across 53 million shipments are expected to be eligible.
Once approved, refunds plus interest will be paid within 60 to 90 days.
Our economy hasn’t been the same since Covid and unfortunately, we’re never going back.
I’ll never forget the day Jerome Powell used the term “transitory.”
The K shaped economy will persist until the empire falls.
State Sec. Rubio: “Imagine if instead of spending billions on weapons, Iran spent that money on its people. They’d have a much different country.”
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