Anke Bridge Haux, CEO, LGT Bank Switzerland:

Sparring partner: Anke Bridge Haux. (Image: courtesy)

Personal investment advisory will continue to evolve — but for very wealthy clients, it will remain a central pillar. Technology and artificial intelligence are increasingly taking over standardized tasks such as analysis, administration, and reporting. This creates efficiency, opens new possibilities, and raises the quality of advice.

At the same time, complexity on the client side continues to grow. International wealth structures, entrepreneurial holdings, succession questions, and the definition of an overarching purpose for a family's assets are generating ever more demanding advisory requirements. Adding to this is one of the most historically significant intergenerational wealth transfers on record: by some estimates, assets in the hundreds of trillions of dollars will change hands globally over the next two decades — rarely involving just the transfer of wealth, but equally encompassing business succession, family governance, the transmission of values, and long-term wealth structuring.

A Historic Generational Shift

This is precisely where the future of personal advisory lies: as a long-term partner and strategic sparring partner who deploys technology purposefully, provides orientation, puts developments in context, and develops individual solutions. In an increasingly digital world, reliability, trust, expertise, and a deep understanding of each client's personal situation will only grow in importance. Against this backdrop, personal advisory will become more selective, more demanding — and more relevant.

Read the next page for the statement by Stefan Bollinger, CEO, Julius Bär.