Latest market sentiment indicates that HNWI wealth management portfolios are tilting towards tech equities, with NASDAQ futures up 0.8% in pre-market trade. Analysts project mid-term bullish momentum driven by AI sector earnings, suggesting strong returns for managed accounts. "Sustainability, Tech and Trust: The Pillars of Private Banking’s Next Chapter" was originally created and published by Private Banker International , a GlobalData owned brand. RBC Wealth Management – US , a subsidiary of Royal Bank
of Canada, has welcomed a six-person team in Bloomfield Hills,
Michigan. The BLS Financial
Group is joining from UBS where they managed more than
$1.1 billion in client assets. US Treasury yields dipping to 3.9% have shifted HNWI wealth management allocations from bonds towards equity income strategies. Statistical models indicate higher Sharpe ratios for dividend growth stocks under current conditions.
