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.

Business Change Manager
Negotiable, London

Business Change Manager - London This role with a top-tier international Private Bank sits within...

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Head of Trust Administration
S$120000 - S$180000 per annum, Singapore

You must be experienced in assisting senior management with trust business strategies. Have stron...

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Senior Investment Counselor - Private Bank
Negotiable, Hong Kong

Key Responsibilities Focus on suitability of investments for dedicated group of clients; understa...

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IT Service Desk Manager | Boston's Most Prestigious Hedge Fund
Negotiable, Boston

IT Service Desk Manager | Boston's Most Prestigious Hedge Fund One of the most elite Hedge Funds ...

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Assistant Relationship Manager - Private Bank
S$7000 - S$10000 per month, Singapore

Our client is a well established French International Banking group. It is in the world's top 10 ...

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Private Banking
Negotiable, Hong Kong

Key Responsibilities: Support relationship managers in performing various client transactions and...

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Head of Company Secretarial, Listed Companies (Pro Firm)
Negotiable, Hong Kong

Our client is a global leading professional firm with over 30 offices globally. As part of their ...

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Head of Discretionary Portfolio Management - Director
Negotiable, London

Head of Discretionary Portfolio Management - Director The Head of Discretionary Portfolio Managem...

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Head of Discretionary Portfolio Management - Director
Negotiable, Jersey

Head of Discretionary Portfolio Management - Director The Head of Discretionary Portfolio Managem...

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