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SMA Crown Confidential:
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SMA Crown Confidential Notebook - Note: Personalisation Gap
Occasion: Capgemini’s World Wealth Report shows the ultra-high-net-worth population growing faster than the wealth below it and capturing the largest share of recent gains — while only seventeen percent of HNWIs describe their advisory experience as “seamless and personalised,” despite widespread AI investment across the sector. The position occasioned: architectural origin — the difference between an instrument of depth and a platform of breadth. This week’s finance sector d


The Alpha Paradox: On AI, Exclusivity, and the Question Nobody Answered
A recent article in Town & Country by Norman Vanamee, the magazine’s Articles Director, prompted a thought worth examining. The piece described an information session at Alpha School’s New York City outpost — a K–12 private school in the Financial District that charges $65,000 a year and has built its proposition around something it calls two-hour learning: two hours of AI-led academic instruction per day, followed by the remainder of the school day devoted to workshops, entr
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