Wealth Management

Michael Hill became creative director of Drake’s in 2010, he transformed the brand from a traditional maker of brightly-patterned ties into a contemporary menswear label. 

 

He expanded beyond accessories, introducing clothing like blazers, shirts, and sweaters while maintaining a focus on craftsmanship. The debut of the unstructured Games blazer marked a turning point, attracting a new wave of tailoring enthusiasts. 

 

Collaborations with brands like Aimé Leon Dore also enhanced Drake’s reputation. Hill is cautious about rapid growth but optimistic about the brand’s evolving place in menswear.


Finsum: Drake’s has been central in moving away from slim and narrow cuts into a more functional and traditional fit. 

If you're dreaming of a holiday that lets you escape the crowds and uncover hidden gems like secluded bays and uninhabited islands, sailing might be the perfect option. It offers a unique way to explore remote locations often unreachable by land, allowing you to experience the rich diversity of regions through island hopping, village visits, and resort stops—all in one trip. 

 

For first-time sailors, the British Virgin Islands (BVIs) provide calm seas, steady winds, and easy sailing between close islands, making it ideal for beginners. Families might prefer Croatia, with its calm Adriatic waters, kid-friendly island hops, and exciting stops like Brač and the Kornati Archipelago, known for their hiking trails and clear waters. 

 

Food-lovers can take advantage of Italy's coastal cuisine by sailing the Amalfi Coast, sampling local delicacies from stewed rabbit in Ischia to pasta with anchovies in the charming fishing village of Cetara. 


Finsum: Gearing your sailing vacation around a secondary itinerary such as food or wine sounds like the best way to maximize your experience. 

Advisors aiming to strengthen relationships with younger affluent investors may want to enhance their AI knowledge, as a new survey suggests. Conducted by Boosted.ai, the survey found that younger high-net-worth (HNW) individuals are increasingly incorporating AI into their daily lives and expect their financial advisors to do the same. 

 

With 82% of respondents describing themselves as AI-proficient and 56% using it regularly, many are looking for advisors who integrate AI into their services. In fact, 35% of younger HNW individuals would consider leaving their current advisor if they aren’t adopting AI. 

 

As a generational wealth transfer looms, adapting to the preferences of tech-savvy clients becomes critical. However, the survey also reveals concerns about AI, particularly around data security and regulation.


Finsum: This is a huge shift in adoption of this technology and advisors might want to integrate this into their practice for new client adoption.

 

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