Last year saw signs of recovery in the wealth management industry while the business models of pure players and diversified firms have grown increasingly distinct

Switzerland’s suspension of secrecy laws suggests global cooperation over tax strategy is possible, but wealth managers need to raise their game if they are to guide clients through this new world

Asia’s rising wealth is making its way into Western markets, and this flow could well increase if the Indian tax authorities continue to target the country’s affluent population

The recent M&A activity surrounding Credit Suisse and Schroders is symptomatic of wealth managers’ determination to concentrate on their most profitable markets

Clients are not satisfied by the technological capabilities of their wealth managers, putting firms under pressure to upgrade

Wealth management firms have suffered from falling valuations and need to adapt their business models to an environment of rising regulation and a frail economic recovery

The damage to banks reputations from scandals will make it harder for these institutions to secure private client business

It is looking increasingly likely that many of the big global financial players will seek to offload some of their private banking operations, but who might step in to buy them?