 the relationship between the bank and the client. Making this as seamless as possible with the necessary digital tools is essential. The third part is “ongoing engagement”. A lot of times this gets ignored, but if a bank needs to sell new products and services to an existing client, they need to know them and keep them constantly engaged. Client analytics to capture all these digital interactions to give a single point of view for a client is important.
With the rise in digital adoption by millennial HNWIs, wealth managers know that they too have to adapt accordingly. Wealth managers expect their firms to enable them to engage better with their clients by using innovative tools for analytics. This will assist them in obtaining a consolidated client view. But what are the wealth management firms' priorities?
There seems to be a huge gap between what wealth managers think is important for them to serve their clients and their perception of their bank's focus areas. Given the tech-savvy clients they serve, wealth managers believe there is a greater need for a better CRM, smart analytics tools, and better digital tools for client interactions. But the wealth management firms still don't think of it that way. This is a missed opportunity that private banks and wealth management firms need to seize.
Private wealth clients are expecting more from their interactions with financial advisors. But private banks and wealth management firms are missing the point about segmenting their clients. The future of private banking is with younger HNIs - millennials & Gen Z clients. With the great generational wealth transfer to take place, wealth management professionals must set their sights on using innovative technologies for catering to this tech-savvy generation.
According to the Capgemini Global HNWI Insights Survey 2022, a higher percentage of millennial HNWIs prefer audio/visual interaction channels over face-to-face interactions. A whopping 46% - 47% of millennial HNWIs want to communicate with or receive advice from their wealth manager through audio/visual interactions. Face-to-face communication is preferred by only 26% - 28% of the clients.
The new generation of wealthy clients is highly strategic. These digital natives want financial advice to be delivered but naturally, in a mode, they have grown up with, that is digital! They are moving away from face-to-face interactions. Thus, private banks must adapt accordingly and focus more on the modes of interaction that their digital native HNWI clients desire.
Wealth managers or relationship managers are frequently in touch with most of their clients. They do have significant information about their clients' preferences and requirements. But often, a unified client view is unavailable making it difficult to provide relevant and personalized services. Client information is scattered here and there. There is a need for a system to gather all the client data in one place. When every digital touchpoint becomes an opportunity to know the client better, not only can banks understand client behaviors, but they can also build client personas to cater to them better. Adding this level of client-centricity is a win-win for both the banks as well as the clients they serve.
EnrichVideo is ISO 27001 certified. We take enterprise-level security seriously. To understand how our HNI client engagement solutions can work for your bank or wealth management firm do get in touch with us.Mycobead contains macerated vegetative mycelia of ectomycorrhizal fungi grown in sodium alginate. When inoculated to seedling, Mycobead’s vegetative mycelia will help roots to absorb water and phosphorus. Mycobead also prevents root pathogenic infection and increase plant tolerance to drought and heavy metals. Farmers can apply Mycobead on eucalyptus, acacias and dipterocarps.It is only Wednesday?
Yeah, it’s only Wednesday and I’m wishing it was Friday so I can have another weekend. Last weekend seemed to fly even though I had an extra day because of there being no school. However, while Saturday was relaxing enough, Sunday was the Daytona 500, which Austin Dillion won, and we had company over to watch the race. I’m not complaining, I’m just saying I didn’t take the time to ‘refresh’ like I should have on Monday.
Being an introvert and needing time to recuperate from overly energetic, highly entertaining events is a must. Otherwise its all too much to take in and process. After any kind of family gathering or get-together, my head ‘buzzes’ for day or so because of there being so much to take in. In order to refresh myself, I need quiet time alone–to re-energize.
I’m learning that when I don’t take that time to be quiet and to myself, I can literally feel the lack of mental motivation. It makes it hard to concentrate. Today I’m feeling it more, though I am trying to work, but at the same time, my thoughts keep trailing back to my phone. Will the guy from Page Publishing call me back today? I called him yesterday afternoon, I wrote and sent him an email to back myself up, and I called and left another message this afternoon. I admit, my patience level there leaves me feeling ‘antsy’, but otherwise I feel ready for a nap though I also want to work on a couple of my rough drafts.
Mental fatigue. That’s what it is, and sometimes I give into it.The “climate unity” taskforce, led by Representative Alexandria Ocasio-Cortez and former Secretary of State John Kerry, published their recommendations for Democratic presidential candidate Joe Biden on Wednesday. After two months of meetings, the action plan to tackle the climate crisis includes eliminating carbon pollution from power plants by 2035; achieving net-zero emissions for all new buildings by 2030; and vast expansions of solar and wind energy, with the installation of 500 million solar panels and 60,000 onshore and offshore wind turbines. They recommend retrofitting 2 million homes with energy-saving upgrades within five years and retro-fitting 4 million buildings, prioritising schools, hospitals and municipal buildings, in the same timeframe.
Yin Changji

Yin Changji (; ; born 17 March 1995) is a Chinese footballer of Korean descent.
Club career.
Yin Changji was promoted to the Yanbian's first team squad in the summer of 2015. On 1 April 2017, Yin made his senior debut in a 1–0 home defeat against Guangzhou R&amp;F as the benefit of the new rule of the Super League that at least one Under-23 player must in the starting. He was substituted off in the 27th minute. He started in another three league matches against Tianjin Quanjian, Hebei China Fortune and Tianjin Teda in April, and was substituted off in the 14th, 9th and 9th minute, respectively. Yin was degraded to Yanbian's reserve squad in June 2017.
On 2 March 2019, Yin transferred to China League Two side Yanbian Beiguo. On February 4, 2020, Yanbian Beiguo was disqualified for 2020 China League Two due to its failure to hand in the salary and bonus confirmation form before the deadline.Holcomb filed a lawsuit April 27 against the Legislature’s Republican leaders and the Legislative Council after the General Assembly overrode his veto of House Enrolled Act 1123. The governor is challenging the constitutionality of certain provisions in the law that allow the Legislature to call itself back into session whenever a state of emergency has been declared.
Senate President Pro Tem Rodric Bray, R-Martinsville, said he was not surprised by Holcomb’s action.
However, Indiana Attorney General Todd Rokita immediately inserted himself into the dispute. He asserted his office has “exclusive authority” to resolve disagreements over legal questions between two units of state government.
Three days after the governor sued, Rokita filed a motion to strike, arguing in part, “the Governor cannot merely sue the legislature over laws he does not like.” In addition, a team of lawyers from the attorney general’s office filed an appearance in Marion Superior Court on behalf of all the parties, including Holcomb.
The governor had retained Lewis Wagner attorneys John Trimble, A. Richard Blaiklock, Aaron Grant and Michael Heavilon to represent him in Holcomb v. Bray, et al., 49D12-2104-PL-014068. He urged the court to promptly resolve the “significant uncertainty and confusion” created by the law.
In his motion, Rokita claims the executive branch lacks the authority to bring the lawsuit because it has not received permission from the attorney general’s office to hire outside counsel. He cited State ex rel. Sendak v. Marion Cnty. Superior Court, Room No. 2, 373, N.E.2d 145, 148 (Ind. 1978), to bolster his argument that no state agency can hire an attorney without written consent from the attorney general.
But retired Indiana Supreme Court Justice Frank Sullivan said Rokita is misreading court precedent and intruding on the authority of the judiciary.
The decision in Sendak, Sullivan said, is “totally irrelevant as a precedent in this circumstance.” In that case, the Supreme Court did find the governor needed the consent of the attorney general before hiring private counsel to represent a state agency. But the dispute was between a business, A-1 Beverage Co., and the Indiana Alcoholic Beverage Commission.
In an email sent to Indiana Lawyer, the attorney general’s office maintained the courts have nothing to decide in this situation because there is no concrete dispute and no adverse party.
In his lawsuit, the governor argues that under Article 4 § 9 of the Indiana Constitution, only his office has the power to call the Legislature into special session. Also, he points to Article 3