Citigroup senior executive Darlene Patterson says ultrawealthy clients are increasingly looking to diversify their finances and locations beyond the United States, though not necessarily leaving the country altogether. In comments to Fortune, Patterson describes the trend as a shift toward “more lifestyle enhancement” and “optionality,” rather than a blanket move away from America. The executive frames the change as notable for its scale and novelty, stating it is the first time in her career that she has seen clients pursue this type of diversification in such a way.
While the reports focus on the clients’ motivations, they do not provide specific figures or identify particular destinations or investment vehicles. The emphasis is on the client mindset—seeking flexibility and additional choices—rather than on political or economic claims about any single factor. Overall, the coverage presents the development as an evolution in ultrawealthy wealth-management preferences that prompts cross-border planning and diversification.
