Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
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Family offices are trimming their cash investments and moving into equity plays as the outlook for global markets improves.
The wealthtech global market size is primed for continued growth as investors and advisors embrace AI and digital innovation.
Wealthy families with their own family offices will be nearly 200% richer by the end of the decade, according to a Deloitte report.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
In Las Vegas, AI took center stage – and with it, Nvidia.
In a concentrated market, who’s responsible for responsible AI?