In April, Citi introduced Citi Sky, an always-on, AI-powered extension of the Citi Wealth platform developed in partnership with Google Cloud and Google DeepMind. The launch signals a meaningful evolution in wealth management, accelerating the industry’s transition from transactional digital engagement toward an intelligence-driven, conversational advisory model designed to deepen client relationships and enhance advisor effectiveness.
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The multitude of benefits and low cost of creation make the South Dakota special purpose entity a valuable tool for multigenerational wealth-planners and family advisors. HNW clients residing in less favorable trust jurisdictions can create South Dakota trust structures that provide their assets with the most effective framework in which to grow.