Abstract
Overview
Introduction
This tracker looks at the strategies being employed by the wealth managers to
attract and keep their relationship managers, with a particular focus on
poaching and initiatives to train/grow their own wealth managers.
Scope
- Follows the staffing-related activities of 50 leading international wealth
managers;
- Covers wealth managers with operations worldwide, with home markets in
Europe, USA and the Asia-Pacific region.
Report Highlights
During this quarter, appointments in private banking and wealth management
were concentrated in the US market, with limited activity noted in European
and emerging markets.
Bank of America and Northern Trust dominated staffing activity in the US. The
former focused on establishing the management framework for the newly created
US Trust, Bank of America Private Wealth Management operation.
Reasons to Purchase
- Keep up to date with the latest developments in staffing in the wealth
management industry around the world;
- Keep abreast of the key trends and issues surrounding the area of staff
recruitment on a quarterly basis.
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