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Santander Setting Up Miami, Switzerland Offices for Super-Rich
Santander Setting Up Miami, Switzerland Offices for Super-Rich

Bloomberg

time27-05-2025

  • Business
  • Bloomberg

Santander Setting Up Miami, Switzerland Offices for Super-Rich

Banco Santander SA 's new wealth consultancy services for super-rich clients are set to reach Miami, Switzerland and Brazil after launching in Spain. The lender is setting up independent multifamily offices under the Beyond Wealth brand, people familiar with the plans said. The Spanish office is already registered and has 10 employees, charging clients annual fees of at least €100,000 ($114,000) for consultancy services, they said, asking not to be named discussing internal information.

UBS Family Office Clients Eye Hedge Fund Bets Amid Volatility
UBS Family Office Clients Eye Hedge Fund Bets Amid Volatility

Bloomberg

time21-05-2025

  • Business
  • Bloomberg

UBS Family Office Clients Eye Hedge Fund Bets Amid Volatility

UBS Group AG 's family office clients are leaning into hedge fund allocations as they focus on more active strategies to help navigate the shifting macroeconomic landscape. Curbing passive investments and pursuing hedge fund allocations were among the most common ways for investment firms for the world's super-rich to enhance portfolio diversification, the Swiss bank said in a report on Wednesday. Global trade tensions were cited as their top financial risk.

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