Video interview

Recruiting in the Time of Covid – How to Video Interview

The wealth management, private banking and family office sectors are adjusting to the new norm. With markets dropping by 25% since the start of the year, big private banks are seeing 25% less AuM and 25% less revenue with the same level of costs, in fact the only variables are the discretionary bonuses paid to …

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The Global Migration of Talent

Coronavirus is forcing businesses to rapidly adapt to a changing work landscape. More businesses are embracing flexible work options to cope with this most recent health crisis. In some of the leading financial markets in the world, firms are turning to technology to solve staffing issues, utilising remote working techniques to combat restrictions and enforced quarantine. This could have a profound impact on the global migration of talent for many years to come…

The diary of a private banker

Somers Partnership was featured in TheWealthNet last week…  Freddie Pooter writes “In our experience, recruiters in the main don’t have a really good grasp of the staffing needs of modern private banking.  Most just play the same old putting “bums on seats” game, along with counting their commission. An exception is the splendid Mark Somers, …

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Wealth Managers Cannot Ignore Flexible Working If They Are To Survive and Thrive

Flexible working is being talked about on social media, in boardrooms, in the press and around lunch tables across the country. No longer the taboo subject it once was; organisations need to adapt their thinking if they are to avoid losing their greatest assets. The Wealth Management industry has an opportunity to lead the way …

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The Only Way Is Ethics (TOWIE)

Should talented wealth managers escape the steel grip of the big bank compliance departments by moving to a partnership, boutique or medium sized wealth management organisation? In our latest article, The Only Way Is Ethics (TOWIE), we discuss how compliance departments in big banks have created a hostile environment for client-centric wealth managers and what …

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