Table of Contents:
The current context of private banking in Italy
Private banking in Italy is experiencing a period of significant expansion, with forecasts that indicate that 36% of the investable wealth of Italian families will be managed by 2026. This trend emerged from the report “Private Banking in Italy: forecasts for 2026″ created by AIPB in collaboration with Prometeia. The report analyzes not only the performance of the industry, but also the expectations of private banking managers, highlighting a context of sustained growth
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Growth of investable financial wealth
In the last two years, the investable financial wealth of Italian families has increased significantly, thanks to positive factors such as the recovery of financial markets and new savings flows. This growth is expected to continue, with an increase in investable wealth that will rise from 3,689 billion to almost 4,000 billion euros. This increase will be mainly supported by investment flows and the positive trend of the markets, which together will help to strengthen the position of private banking in the Italian financial landscape
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The expectations of industry leaders
The expectations of private banking managers are optimistic, with 56% of respondents expecting continued industry growth in the next 12-18 months. In addition, it is estimated that assets under management (AuM) will exceed 1,412 billion euros by 2026, thanks to a combination of new inflows and the recovery of financial markets. The component of managed savings, in particular, is expected to grow at an average annual rate of 8.2%, driven by new net flows
and the market effect.
Investment strategies and opportunities
The report also highlights the growing interest in long-term investments, such as private markets, and insurance solutions for tax optimization. The most promising asset classes include alternative strategies such as private equity and real estate, with more than 70% of industry leaders expecting an increase in these areas. However, expectations for the bond market are more cautious, with an expected decrease in liquidity for 54% of
respondents.
The role of the private banker in financial advice
The president of the AIPB, Andrea Ragaini, emphasized the importance of private banking in the current context, highlighting how professional advice and the central role of the private banker are fundamental to guide the investment choices of Italian families. With a goal of continuous growth, the industry is preparing to face the challenges of a changing economic environment, aiming to maximize the value of assets under management
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