Do you work for a private banking or wealth management organization with a head office outside the European Union? If so you should be aware that you should have in place proper controls before you send information about your UK or EU based employees to head office. This also applies to information on candidates whom …

How to avoid becoming an outlaw Read More »

Wealth managers can enhance their opportunities to win new clients if they work with sophisticated consultants who understand the UHNW client space because they are in that space themselves. In other words, they are at ease with the new affluent and consequently, the new affluent are at ease with them. Read more…

Ever since my days as a reluctant trainee accountant and an aspiring rugby player, the word performance has been a dominant presence in any group of people or organisations I have been with….. Read more

As a recruitment specialist in private banking (which largely means asset management), the Somers Partnership has to keep abreast of developments in investment thinking. Conversations with investment academia have revealed some worrying home truths which cut across much of the received wisdom of the asset management industry.  Read more…..

ETFs appear to be despised by the City, many of whom are lobbying profusely to have them restricted or even banned. In our view this is because they are the first major technological change since mutual funds were invented in the 1940s. They cut out whole layers of superfluous City costs and fees, thereby stacking …

ETF’s Can Seriously Increase Your Wealth Read More »

You know what it’s like – 28th December, after 5 days on the pop and plate, thoughts turn to our new year’s resolutions. I am going to drop 10 kilos, I will run more, and drink less; I will do that paperwork on my desk and keep it to a minimum all year. Read more…….