Wealth management firms store some of the most sensitive financial and personal details in cloud systems, yet many ignore how easily these systems can be compromised. Often, the real issue isn't hackers finding clever ways in but basic mistakes like misconfigured software leaving doors wide open. St
Morgan Stanley’s chief financial officer said that the firm is moving toward a future where assets can be moved quickly on digital networks. He spoke about this during the company’s first‑quarter earnings call, suggesting that a “tokenized world” would let clients transfer both assets and liabilitie
UBS began handling Ghislaine Maxwell’s finances in 2014, a few months after JPMorgan closed its ties with Jeffrey Epstein. Documents released by the U. S. Justice Department reveal that UBS managed up to $19 million for Maxwell before her 2021 conviction for sexual trafficking. The papers show th
Crypto millionaires are growing fast. In 2025, there were 241, 700 of them worldwide. That's a lot! But what if they want to borrow money without selling their crypto? Traditional banks often say no to crypto as collateral. So, what's the solution? Enter DeFi, or decentralized finance. It's a way t
AI is being sold as the magic tool to find wealthy clients. But top advisors aren't convinced. They say AI can find names and numbers, but that's just the start. The real challenge is getting these busy, wealthy people to trust you. Matthew Fleissig, CEO of Pathstone, knows this well. He manages $1
UBS, a major Swiss bank, is considering a big step into the world of cryptocurrency. They want to let some of their private banking clients invest in digital assets. This could be a game-changer for UBS, as they manage a huge amount of wealth, around $4. 7 trillion. The bank is currently looking fo
The ultra-rich have a lot to teach us about health. It's not just about money. It's about how they take care of themselves. They treat their health like their money. They watch it closely. They plan for the future. And they take responsibility for it. First, they track everything. They know exactly
Big wins in the stock market can be exciting, but putting all your eggs in one basket is risky. Experts often suggest that no single stock should make up more than 10% of your investment portfolio. This rule helps manage risk and keeps your money safe. For those who have a lot of stock in one compa
Range Finance is a new kind of money manager. It is designed for people who earn a lot but do not want to pay high fees. This service combines human experts with smart technology. It helps users manage taxes, investments, and estate planning all in one place. One big plus is that Range brings every
Andrew Kafka has climbed the ranks at Union Bank & Trust (UBT). He is now the Vice President, Senior Trust Officer, and Manager of Personal Trust & Wealth Management. This is a big deal because he started as a legal intern in 2003. He has come a long way since then. Kafka has a law degree from the
