high-net-worth clients

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High-Net-Worth Clients Use AI Chatbots for Financial Advice, Challenging Wealth Managers

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High-Net-Worth Clients Use AI Chatbots for Financial Advice, Challenging Wealth Managers

High-net-worth clients are increasingly using AI chatbots like ChatGPT and Claude for portfolio recommendations and tax advice, prompting financial advisors to adapt. While AI can enhance client engagement, it poses risks like incorrect advice and data leaks, challenging traditional wealth management models.

Singapore shines as stable investment oasis amid global storms: ‘very appetising’

As global markets are roiled by geopolitical uncertainty and the energy fallout from war in the Middle East, a tiny speck in Southeast Asia has emerged as an oasis of stability – at least in terms of where the well-heeled can park their money. Giig Tanaporn, CEO and founder of business and wealth consultancy Unique Prime Group, has observed that high-net-worth clients, especially from the Middle East and South Korea, have been increasingly choosing Singapore for its regulatory framework,...

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