wealth management

The number of millionaires in Luxembourg fell significantly in 2024, but those at the top of the wealth pyramid continued to grow their fortunes.

Southern Europe is rapidly emerging as a serious contender for global wealth, as high-net-worth individuals from the United States increasingly explore residency-lined investment options.

Wealth managers enjoy exceptionally high levels of client satisfaction worldwide, yet nearly one-third of those clients are considering switching providers in the coming years. More specialized service providers are emerging as the preferred alternative.

Luxembourg’s private banks need embrace digital innovation to stay competitive, tackle regulation, and attract talent. ABBL Chairman Yves Stein speaks on the future of private banking in the Grand Duchy.

For an increasing number of ultra-wealthy Dutch individuals, the question is no longer just how much tax they pay—but whether the Netherlands remains the right place to live and invest.

Wealth managers must accelerate their transformation or risk falling behind in an increasingly competitive industry. Sustainability has become a lesser priority, according to EY’s latest annual resolutions.

Degroof Petercam has appointed Sylvie Huret as its new chief executive, succeeding Hugo Lasat, who will step down at the end of 2024 after three years at the helm.

Luxembourg’s private banks are falling short in their digitalisation journey, despite recognising its strategic importance, according to a new survey conducted by KPMG in collaboration with the ABBL.

This week’s overview of transfers and appointments in the fund and asset management community in and outside Luxembourg includes updates from Carmignac, CMS Luxembourg, and Mainstreet Partners.

As Luxembourg’s financial ecosystem adjusts to the open finance revolution, wealth and asset managers must navigate a range of hurdles to stay competitive.