Private Wealth Management

Private Wealth Management

Despite political instability and the Brexit decision, the United Kingdom maintains its position as the world’s second-largest wealth management centre in terms of AMA (assets under management and administration).

The market is dominated by the private banking divisions of universal banks, as well as independent wealth managers and online stockbrokers offering execution, custody, and research services through online portals. The UK has the fourth-largest population of ultra-high-net-worth-individuals (UHNWIs), according to a report by Credit Suisse.

Wealth managers have a position of immense privilege. As trusted advisors, they help exceptional people navigate the complexities of today’s financial world. Wealth managers offer more than just investment advice but a holistic approach to enable high net worth individuals to manage their money and anticipate their own or their family’s needs. The demand for wealth managers continues to grow – by 2023, there are expected to be 7.7 million more high-net-worth-individuals (HNWIs) in the world, according to Wealth-X.

Worldwide, the wealth management industry continues to experience profound change –with both the increased pressure of compliance and instability in the global economy applying pressure to profit margins. Increasing regulatory burdens and the rising costs of risk are posing challengesto wealth managements firms. Meanwhile, advisors are retiring from the industry
faster than firms can replace them – meaning now, more than ever, private banks are looking for external talent to help achieve growth. The shortage of talent is one of the biggest challenges to wealth management firms future growth and the competition for top quality private bankers has put an emphasis on companies to create new strategies to attract and retain top performers.

At Selby Jennings, the wealth management team consists of experienced recruitment consultants who have an expert understanding of a specific geography. This structure enables our specialist consultants to identify, qualify, and introduce the highest level calibre wealth management professionals in the market place.

With the continued internationalisation of wealth management, our clients expect to acquire not only the best candidates within their jurisdiction but the best globally and our set-up makes this achievable. Working as a team we are able to combine each consultant’s local knowledge and
offer access to a global talent pool. The team have successfully helped a broad range of clients including: global private banks; boutique private banks; single and multi-family offices; and independent wealth management companies.

Junior Portfolio Manager - Frankfurt
£50000 - £60000 per annum + Bonus, Frankfurt am Main

Responsibilities: Supporting portfolio management for private wealth management Implementatio...

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Private Banker Senior Lead
Negotiable, London

We are working with a globally recognised top-tier Private Bank in London and Geneva. They are l...

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Private Banker Senior Lead
Negotiable, London

We are working with a globally recognised top-tier Private Bank in London and Geneva. They ar...

Apply now
Private Banker Senior Lead
Negotiable, London

We are working with a globally recognised top-tier Private Bank in London and Geneva. They are l...

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Assistant Realtionship Manager - Top Tier European Bank
Up to HK$50001 per annum, Hong Kong

As an Assistant Relationship Manager, your responsibilities includes: Close Accounts and Exec...

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Senior Trust Manager
S$120000 - S$200000 per annum, Singapore

A leading international service provider is looking an experience private trust professional to ...

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Private Banker Senior Lead
Negotiable, London

We are working with a globally recognised top-tier Private Bank in London and Geneva. They are l...

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Private Banker Senior Lead
Negotiable, London

We are working with a globally recognised top-tier Private Bank in London and Geneva. They are l...

Apply now
Senior Private Banker - Geneva
Swiss Franc150000 - Swiss Franc200000 per annum + Revenue Share, Geneva, Switzerland

Senior Private Banker / Senior Relationship Manager The Relationship Manager/Senior Relationshi...

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