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SMA Crown Confidential:
Our News and Updates


The Art Game: Play-to-Collect
Attesté bills itself as the ‘Strava for art collectors’. We read it as an art game that turns provenance into a self-reported score — and what it teaches


AI in Finance — Deployment Digest – Week of 21 July 2026
Weekly AI-in-finance deployment digest: Wells Fargo launches an "AI Teammate" across a $2.4tn division, BNY gives ~140 "digital employees" employee numbers and avatars, Datalign opens client-facing agents, consultancies push the judgment tier against 93% practitioner distrust, and Treasury / FSOC advances process. A thinner-sourced week — each item graded for provenance.


SMA Crown Confidential Notebook – Note: HSBC's Trust Threshold
The judgment worth keeping human sits below the decision itself. On HSBC’s Trust Threshold, and the question of who to be with what you hold.


AI in Finance — Workforce DigestWeek of 6 July 2026
Weekly AI-in-finance workforce digest: the first sector-level payroll number (financial-activities −28,000/month); Block's AI-attributed 40% cut; Goldman's rolling reductions; the wealth-advisor tiers under pressure; the UK Skills Compact still unsigned. Each item graded for provenance.


SMA Crown Confidential Notebook – Note: Begin with the person, not the assets
Occasion: Two platforms surface in the log offering family-office-grade infrastructure to the same wealth tier with opposite accountability structures — Farther Family Office (advisor-led, human advisors remain the primary interface) and Eton Solutions EtonAlpha (self-directed from $15M+, no human-advisor layer as a standard feature, self-described as "billionaire-grade"). The position occasioned: beginning with the person, not the assets — both platforms disagree about the a


AI in Finance — Deployment Digest – Week of 30 June 2026
Weekly AI-in-finance deployment digest: Goldman Sachs and FIS put Anthropic agents into trade accounting, KYC and financial-crimes work; the FCA, Colorado and EU AI Act on AI governance; Farther and Eton for ultra-high-net-worth clients. Each item graded for provenance.


SMA Crown Confidential Notebook – Note: The Merrill AI-Powered Meeting
Institutional AI optimises what institutions do. On Merrill's Meeting Journey, the 17% personalisation gap, and which side of the table gains the hours.


Who I’m actually dealing with — a tool, or a colleague of my advisor?
A tool, or a colleague of your advisor? An institution can only personalise how it handles your money — never attention to you. What the friendly AI really is.
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