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To mitigate this, many wealth management firms have developed their own systems to track and present client assets.
To the other side of Commercial Street lies an area where, for many, wealth is in less plentiful supply but where the number of people has grown fastest.
Many wealth managers' clients invite them to attend family weddings, to take holidays with them, and even to sit by their deathbed.
Marylouise Serrato, executive director of American Citizens Abroad, a lobbying group, said many wealth, social and value-added taxes in Europe were not eligible for credits or deductions on American taxes.
Over the last several decades many wealth managers have relied on compensation from purveyors of annuities, derivatives and other investment products.
Indonesia is a country in transition, with a growing class of individuals with assets to invest yet who, financially, don't meet the bar set by many wealth managers.
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We have been systematically switching out of government bonds in favor of corporate credits, as have many other wealth managers.
Like many sovereign wealth funds, Temasek expanded its investments in financial services firms around the world over the last four years but the credit crisis has taken its toll.
Last autumn, Goldman partners were hit hard personally as the bank's stock, which represents a considerable part of many employees' wealth, sank along with other financial shares.
Beyond determining many families' wealth and standard of living, the two-tier housing market has begun to create difficult questions for government officials trying to create policies that apply to the entire nation.
Property prices are crashing, wiping out a large part of many families' wealth and leaving banks with billions of euros in loans, which look increasingly risky in a country where up to 1.5 million houses appear unsaleable.
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