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Home  > Business/Finance  >  Financial Services  >  Asset Management

Staffing in Wealth Management, Q1 2007


Published Date: May 2007
Published By: Datamonitor
Page Count: 13
Order Code: R313-21627
 
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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 57 leading international wealth managers Covers wealth managers with operations worldwide, with home markets in Europe, USA and the Asia Pacific region

Highlights

The first quarter of 2007 was notable for the continuing recruitment of significant numbers of staff for emerging markets, including the Middle East and Asia, with Deutsche Bank appointing a new Chairman and Head of Wealth Management in Asia-Pacific, while Morgan Stanley strengthened its Latin American operations with a new team. In developed markets staff were recruited to more specialist positions, such as Bank of America's Family Wealth Advisors Team. Barclays Wealth also recruited a large contingent with the aim of rapidly developing its business in a number of areas, as Northern Trust shook up its senior management landscape.

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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