‘Our dedicated client research is of exceptional quality and covers all areas of the market,’ says Alice d’Esparbes. The adviser has witnessed a trend in banks recognising ‘millennials’ and female clients as ‘key influencers’ in wealth creation.

Etienne d’Arenberg cites two highlights in 2016: Brexit and Mirabaud’s new London branch, which opened weeks after the UK voted to leave the EU. ‘In fact, they had nothing to do with each other,’ he says, laughing. ‘The point is we could have waited to open the branch but we wanted to show confidence in the UK market.’

There are significant challenges today for wealth creators. Stonehage Fleming’s emphasis is on succession planning. It’s a niche service which could only exist on the back of the nous of trusted advisers like Mark Sullivan.

Wealth managers may be known as a siloed, even secretive set, ever-protective of a hard-won competitive edge, but Nataša Williams sees an industry becoming more collaborative. ‘We make sure our clients are getting the best service,’ she says. ‘I think the industry is becoming much more grown-up, professional and actually quite high-quality.’