High net worth individuals’ (HNWI) growing interest in alternative assets and private markets means wealth advisers need to have robust structuring and operational support in place to meet this demand, according to Utmost Wealth Solutions.

The insurance-based wealth solutions provider has published the summer 2025 edition of Navigator, its quarterly technical briefing aimed at HNWI advisers.

The update covers the latest developments in the international wealth and life assurance markets, exploring the rise of alternative assets and private markets.

Utmost Wealth Solutions head of group technical services, Aidan Golden, highlighted that alternative assets and private markets were playing a growing role in the wealth strategies of HNWIs.

“As interest in these asset classes increases, so too does the need for robust structuring and operational support,” Golden continued.

“At Utmost, we work closely with advisers and asset managers to help them incorporate complex assets into insurance-based wealth solutions in a compliant and efficient way.

“In this edition of Navigator, our Technical Spotlight aims to highlight both the opportunities and the practical considerations involved, so advisers can continue to support their clients with confidence in an increasingly complex landscape.”

In the 2025 edition, Utmost looked at the bespoke integration of alternative investments in Asia, and the benefits of multi-support policy and private market investment.

Other features focus on areas such as the introduction of capital gains tax on financial assets in Belgium, Spain’s proposed 100 per cent tax on real estate acquisitions by non-EU residents, and France’s Supreme Court reversing its stance on beneficiary nomination changes.

It also included insight on a recent case showing how tailored wealth structuring helped a British client moving to Spain to simplify and complex cross-border investment.

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