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.

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.