Artificial intelligence tops the investment priority list for family offices globally, a survey from JPMorgan Chase & Co.’s private bank shows, though allocations lag and remain concentrated in public equities.
In San Francisco’s financial district, the One Montgomery building evokes the opulence of America’s turn of the 20th century gilded age. With its Tuscan columns, marble staircases and bronze doors, the Renaissance Revival landmark once housed Crocker Bank, named after one of the tycoons who built the western portion of America’s first transcontinental railroad.