INTELAR · Editorial cover
Wealth · Analysis
Discretion economics — <em>how UHNW clients buy AI research now</em>.
Hebbia, Glean for Finance, AlphaSense-Tegus, plus the editorial-as-research layer. The new UHNW research stack.
Wealth — May 2026.
Private capital, family offices, and the infrastructure of discretion.
Editor’s Lens
Every story in this section must answer three things: what changed, who pays, and which second-order effect matters next.
INTELAR · Field photography
INTELAR · Field photography · Curated for the Wealth desk.
INTELAR · Editorial cover
INTELAR · Editorial cover
Wealth · Comparison
The high-net-worth <em>AI portfolio benchmark</em> — May 2026.
Pictet, UBS, JPM, Morgan Stanley, Goldman. Five portfolios decomposed, sleeve by sleeve, fee by fee.
INTELAR · Editorial cover
Wealth · Analysis
Three Swiss private banks reach <em>private-credit tokenisation</em> inflection.
Vontobel, EFG, and Julius Bär scale tokenised private credit through SDX. The DLT Act becomes operational.
INTELAR · Editorial cover
Wealth · Opinion
Sovereign wealth funds' <em>AI-infrastructure commitments</em> — Q1.
$42B across eight sovereign funds. The picks-and-shovels positioning, decomposed.
INTELAR · Editorial cover
Wealth · Field Notes
Geneva private banking's quiet <em>AI-treasury experiment</em>.
Pictet and Lombard Odier run advisor-in-the-loop Claude treasury pilots. The architecture is the disclosure.
INTELAR · Editorial cover
Wealth · Analysis
Single-family offices' <em>private-AI allocation</em> — Q1 2026.
Form D filings, GP commitments, and the four named offices that disclose enough to study. The discipline is the diligence.
INTELAR · Editorial cover
Wealth · Field Notes
Inside the family offices quietly building private LLMs.
For private capital, the value of AI is no longer just capability. It is whether the query ever leaves the room.
INTELAR · Field photography
Wealth · Field Notes
How Cascade Investment on-prems private LLMs — and what the rest of the street can’t see.
A working-level account of Cascade Investment and private LLMs. What you only learn from the desk that ships it.
INTELAR · Field photography
Wealth · Field Notes
Inside Sequoia Heritage on-preming private LLMs.
From inside the rooms where Sequoia Heritage on-prems private LLMs. Notes from operators, not analysts.
INTELAR · Field photography
Wealth · Opinion
The discretion economics of Vista Equity on-preming private LLMs.
The market is missing the point about Vista Equity and private LLMs. Here is the read.
INTELAR · Field photography
Wealth · Field Notes
Inside Iconiq Capital on-preming private LLMs.
Field notes from teams who have already lived through Iconiq Capital on-preming private LLMs.
INTELAR · Field photography
Wealth · Analysis
Why a Hong Kong wealth desk rejects private LLMs.
The reason a Hong Kong wealth desk rejects private LLMs is not the reason their press team gave. The numbers tell a colder story.
INTELAR · Field photography
Wealth · Opinion
The discretion economics of an Abu Dhabi sovereign vehicle rejecting private LLMs.
A short argument on an Abu Dhabi sovereign vehicle and private LLMs — from someone who would rather be wrong than vague.
INTELAR · Field photography
Wealth · Field Notes
Inside a London discretionary manager rejecting private LLMs.
Field notes from teams who have already lived through a London discretionary manager rejecting private LLMs.
INTELAR · Field photography
Wealth · Analysis
Why a Zurich private bank rejects private LLMs.
A structural read on why a Zurich private bank rejecting private LLMs — and what the next twelve months reprice.
INTELAR · Field photography
Wealth · Opinion
How a Boston endowment rejects private LLMs — and what the rest of the street can’t see.
The market is missing the point about a Boston endowment and private LLMs. Here is the read.
INTELAR · Field photography
Wealth · Field Notes
Inside a Singapore family office rejecting private LLMs.
A working-level account of a Singapore family office and private LLMs. What you only learn from the desk that ships it.
INTELAR · Field photography
Wealth · Opinion
The discretion economics of a Geneva multi-family office rejecting private LLMs.
a Geneva multi-family office rejecting private LLMs is the unfashionable view that is about to be right.
INTELAR · Field photography
Wealth · Analysis
Why Sequoia Heritage rejects private LLMs.
The reason Sequoia Heritage rejects private LLMs is not the reason their press team gave. The numbers tell a colder story.
INTELAR · Field photography
Wealth · Analysis
Why Iconiq Capital rejects private LLMs.
Twelve months of buyer data on Iconiq Capital and private LLMs. The pattern is sharper than the press notes suggest.
INTELAR · Field photography
Wealth · Opinion
The discretion economics of a Dubai single-family office standardizing on private LLMs.
A short argument on a Dubai single-family office and private LLMs — from someone who would rather be wrong than vague.
INTELAR · Field photography
Wealth · Opinion
The discretion economics of a London discretionary manager standardizing on private LLMs.
The market is missing the point about a London discretionary manager and private LLMs. Here is the read.
INTELAR · Field photography
Wealth · Field Notes
Field notes: a Zurich private bank and private LLMs.
Field notes from teams who have already lived through a Zurich private bank standardizing on private LLMs.
INTELAR · Field photography
Wealth · Opinion
How a Riyadh sovereign desk standardizes on private LLMs — and what the rest of the street can’t see.
The market is missing the point about a Riyadh sovereign desk and private LLMs. Here is the read.
INTELAR · Field photography
Wealth · Analysis
Why a Singapore family office standardizes on private LLMs.
A structural read on why a Singapore family office standardizing on private LLMs — and what the next twelve months reprice.
INTELAR · Field photography
Wealth · Field Notes
Inside a Geneva multi-family office standardizing on private LLMs.
From inside the rooms where a Geneva multi-family office standardizes on private LLMs. Notes from operators, not analysts.
INTELAR · Field photography
Wealth · Opinion
The discretion economics of Cascade Investment standardizing on private LLMs.
Cascade Investment standardizing on private LLMs is the unfashionable view that is about to be right.
INTELAR · Field photography
Wealth · Opinion
How Vista Equity standardizes on private LLMs — and what the rest of the street can’t see.
A short argument on Vista Equity and private LLMs — from someone who would rather be wrong than vague.
INTELAR · Field photography
Wealth · Analysis
Why a Hong Kong wealth desk restricts private LLMs.
The reason a Hong Kong wealth desk restricts private LLMs is not the reason their press team gave. The numbers tell a colder story.
INTELAR · Field photography
Wealth · Briefing
How an Abu Dhabi sovereign vehicle restricts private LLMs — and what the rest of the street can’t see.
The short version: an Abu Dhabi sovereign vehicle restricts private LLMs, and the second-order effects begin this quarter.
INTELAR · Field photography
Wealth · Field Notes
A private read on a London discretionary manager’s private LLMs program.
From inside the rooms where a London discretionary manager restricts private LLMs. Notes from operators, not analysts.
INTELAR · Field photography
Wealth · Analysis
Why a Zurich private bank restricts private LLMs.
A structural read on why a Zurich private bank restricting private LLMs — and what the next twelve months reprice.
INTELAR · Field photography
Wealth · Field Notes
Inside a Riyadh sovereign desk restricting private LLMs.
From inside the rooms where a Riyadh sovereign desk restricts private LLMs. Notes from operators, not analysts.
INTELAR · Field photography
Wealth · Field Notes
How a Boston endowment restricts private LLMs — and what the rest of the street can’t see.
Field notes from teams who have already lived through a Boston endowment restricting private LLMs.
INTELAR · Field photography
Wealth · Briefing
How a Geneva multi-family office restricts private LLMs — and what the rest of the street can’t see.
A briefing on what a Geneva multi-family office just did to private LLMs — and who pays for it.
INTELAR · Field photography
Wealth · Field Notes
Inside Cascade Investment restricting private LLMs.
Field notes from teams who have already lived through Cascade Investment restricting private LLMs.
Wealth archive
131 stories filed in Wealth. 95 more in the archive.