UHNWIs: Intesa Sanpaolo Private Banking enhances its service

Intesa Sanpaolo Private Banking is strengthening its ability to serve ultra-high net worth individuals (UHNWIs), i.e. customers with over €50 million in assets under management with the bank, through:

• a new service model, with the introduction of Private Banker team system
• opening of the first dedicated centre in Milan

alongside its traditional highly customised financial advisory service.

The goal is to respond even more effectively to the specific needs of this particular customer segment, which is presenting increasingly complex requirements comparable to those of an institutional investor.

Intesa Sanpaolo Private Banking employs 1,047 private bankers and manages the assets of more than 46,000 family groups, with total assets under administration exceeding €141 billion at the end of 2022: the highest-profile clients account for more than 49% of AUM and 14% of customers.