Merrill Lynch financial advisors can expect Bank of America cost-cutting to take the form of greater client segmentation and reduced bureaucracy, said John Thiel, head of U.S. wealth management and ...

As the ranks of the wealthy grow, banks are going to have to better segment their services to accommodate these clients, according to a report from Boston-based research firm Cerulli Associates. To do ...

As opposed to utilizing arbitrary asset ranges, client segmentation can be achieved by leveraging the capabilities of machine learning to analyze the transaction history and behavioural profile of ...

Traditional segmentation which focuses on a client's asset size is "blunt" and not tailored to suit the client's objectives, according to Perpetual's general manager for private client advice, Nick ...

Banks have long talked about AI as a major catalyst for transformation of wealth management, but the results are surprising ...

In his contribution to the India Private Wealth Management Outlook 2026, Ashish Shanker, Managing Director & CEO of Motilal Oswal Private Wealth, discusses how evolving client expectations are ...