For the purposes of the Spear’s ranking, high-net-worth wealth managers are defined as advisers who primarily work with clients with investable assets of £1 million or more.
[See also: the complete HNW Wealth Managers Index 2024 on Spears500.com]
The best wealth managers for high-net-worth individuals will go beyond simply handling a client’s investments and will instead guide them in developing a broader wealth strategy tailored to their individual needs and financial situation.
Wealth managers can also take into account a range of financial matters, including estate planning, succession, tax services and wealth structuring, guiding individuals and families through every stage of life in financial security.
Part of the Spear’s Wealth Management Index 2024. See also:
- Best UHNW Wealth Managers 2024
- Best Wealth Managers: Jersey
- Best Wealth Managers: Guernsey
- Best Wealth Managers: Hong Kong
- Best Wealth Managers: Liechtenstein
- Best Wealth Managers: Luxembourg
- Best Wealth Managers: Monaco
- Best Wealth Managers: Singapore
- Best Wealth Managers: Switzerland
The advisers featured in the Spear’s HNW Wealth Managers Index 2024 do all of this and more.
This ranking of international power-players reflects the truly global nature of the industry. There are advisers based in London and New York, Switzerland and Singapore. Naturally, many also specialise in off-shore solutions in Bermuda or the Channel Islands.
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‘These HNW wealth managers have weathered the storm of recent market volatility. For their clients, they have a broad network of wealth advisory specialists and can craft investment strategies to protect HNWs and their families for the long haul.’
Ian Douglas, Spear’s Head of Research
Best wealth managers for high-net-worth individuals: names to know
There are a number of wealth managers who have moved up in the Spear’s ranking for 2024. Shaun Lacey, of Rathbones, has been promoted from Top Recommended to Top Flight – the highest ranking available. The remainder of the names on this list have moved from Recommended to Top Recommended.
Special mention must also be made to Spear’s Top Flight adviser Ross Elder, the driving force behind Lincoln Private Investment Office, who was named HNW Wealth Manager of the Year, presented in association with August, at the Spear’s Awards 2023.
Shaun Lacey
Firm: Rathbones
Lacey has more than 35 years’ experience in private banking, wealth management and trust planning for wealthy clients and currently heads up Rathbones incorporating Investec Wealth & Investment (CI) in Guernsey. Lacey specialises in managing the wealth of local and overseas HNW clients, especially those who own offshore trusts and company structures.
Read Shaun Lacey’s full profile on Spears500.com
Andrew Chatterton
Firm: St. James’s Place Private Clients
Founder and MD of Franklyn Financial Management, Chatterton joined St. James’s Place Private Clients in 1998 when it was then J Rothschild Assurance. He has since built a specialism in business owners looking to grow and exit their companies as well as professional sportspeople and celebrities.
Read Andrew Chatterton’s full profile on Spears500.com
Karim Chowdhury
Firm: Butterfield Group
As Butterfield’s vice president, Chowdhury joined the Bermuda arm to provide bespoke financial solutions for high-net-worth, family office and trust clients in the UK and offshore in Bermuda and the Channel Islands. The adviser has played a key role in driving the group’s business development on the island, and actively works with private client service providers and the Bermuda Development Authority to smooth the process of onboarding clients.
Read Karim Chowdhury’s full profile on Spears500.com
Serena Doshi
Firm: LGT Wealth Management
Doshi, a partner at LGT Wealth Management, has worked across a range of financial sectors over the past 20 years, earning her stripes in roles at Schroders and Deloitte.
She manages several relationships with founders and executives as well as UHNWs and their families. Doshi uses her experience of having founded, run and raised VC funding for a tech business during the dot-com era to establish and deepen relationships with entrepreneurial clients.
Read Serena Doshi’s full profile on Spears500.com
Jessica Crane
Firm: London & Capital
An executive director, Crane joined the boutique firm London & Capital in 2007 after stints at Merrill Lynch and KPMG. Her specialism in offshore trusts means she oversees the firm’s relationships with trust companies, often visiting the Channel Islands and Isle of Man. She works closely with her network of professional contacts in the legal, tax and fiduciary professions to ensure her clients’ needs are best met.
Read Jessica Crane’s full profile on Spears500.com
Rajiv Gaglani
Firm: Standard Chartered Private Bank
Gaglani has grown Standard Chartered Private Bank’s specialist wealth advisory arm working closely with private clients from Asia, Africa and the Middle East. He and his team support their cross-border wealth and provide tax-planning solutions for their clients, working alongside clients’ tax advisers, lawyers, and other third-party intermediaries.
Prior to joining Standard Chartered, Rajiv worked as a tax advisor to HNWs and on professional partnerships at PwC and Grant Thornton.
Read Rajiv Gaglani’s full profile on Spears500.com
Maria Elena Gatt Floridia
Firm: HSBC Global Private Banking
A director at HSBC Global Private Banking, Gatt-Floridia considers her relationships with her clients, who are predominantly entrepreneurs and professionals working in the financial services industry and C-suite executives, to be the most important part of her job.
‘It’s about staying close to your clients, and making sure that it’s not just about investments,’ she tells Spear’s.
Read Maria Elena Gatt Floridia’s full profile on Spears500.com
Jonathan Gold
Firm: London & Capital
As executive director within the US family office team of London & Capital, Gold is responsible for providing integrated wealth management services to HNWs, UHNWs and trusts. Prior to joining London & Capital, Gold worked in a senior role at a global bank, where he provided a range of financial services including discretionary and advisory investment management, wealth structuring and credit solutions.
Read Jonathan Gold’s full profile on Spears500.com
Swaati Osborne
Firm: LGT Wealth Management
Head of wealth planning US at LGT Wealth Management, Osborne advises HNW and UHNW clients including partners at high-profile law firms, entrepreneurs, private equity partners, charities, family estates and trusts.
Osborne helps clients who have complex planning requirements and objectives in both the US and UK understand the jurisdictional constraints they may face operating under multiple tax regimes and in an ever changing regulatory landscape.
She works in partnership with a network of private client legal and tax advisers to provide a coordinated approach that works in clients’ best interests.
Read Swaati Osborne’s full profile on Spears500.com
Ole Jensby
Firm: Quintet Private Bank in Luxembourg
CEO of Nordics at Quintet Private Bank, Jensby is responsible for the firm’s Northern European growth and client expansion in countries including Denmark, Sweden, and Finland.
Since joining the firm in 2019, he has also served Quintet’s existing Nordic-domiciled clients. Prior to joining Quintet, Jensby formerly worked as the Head of Nordic UHNW at UBS Global Wealth Management and had a stint as senior VP at Merrill Lynch.
Read Ole Jensby’s full profile on Spears500.com
Gina Parker
Firm: St. James’s Place Private Clients
A principal partner at St. James’s Place Private Clients, Parker helps some of the UK’s wealthiest individuals organise their finances in a coherent, understandable and efficient way whilst carefully ensuring the macro strategy meets their values and objectives.
Parker is highly thought of by her peers for her intergenerational work. She often helps the younger generation understand the responsibility of great wealth, and also works with family philanthropic foundations.
Read Gina Parker’s full profile on Spears500.com
Grant Parkinson
Firm: Standard Chartered Private Bank
Head of Consumer, Private and Business Banking for Europe, Parkinson joined Standard Chartered Private Bank in 2020.
Parkinson, who is based in London, encourages HNWs to engage in philanthropy and believes that it can be a useful mechanism to unite those less involved in the direct dealings of a family business.
He joined Standard Chartered from Brewin Dolphin where he was Chief Operating Officer and led the development of technology solutions for client-facing colleagues and digital. Prior to that he worked at Coutts, also as Chief Operating Officer.
Read Grant Parkinson’s full profile on Spears500.com
Claire Machin
Firm: Suntera Global
Group director of Suntera Global, Machin also heads the trust and private wealth branch of the firm’s Jersey office. She advises on matters relating to trust management, corporate governance, estate planning, inheritance tax planning and portfolio management.
Working with private, corporate and institutional clients, the firm says that she has a ‘strong focus on developing client relationships and ensuring service excellence’.
Read Claire Machin’s full profile on Spears500.com
Jonathan Sands
Firm: St James’s Place Private Clients
Sands believes the secret to wealth management is ‘being passionate enough to care’, and likens being an adviser to being a ‘family’s financial concierge’.
He works alongside the other financial professionals, such as solicitors, lawyers and accountants, to create comprehensive financial planning that works with his clients’ needs. This approach allows him to be proactive rather than reactive and solve minor issues before they become problems.
Read Jonathan Sands’ full profile on Spears500.com
Michael Vlahovic
Firm: EFG Private Bank
Vlahovic joined EFG International in Zurich as Managing Director and Global Coordinator of the Russia/CIS team in 2015 before a promotion brought him to London in 2017.
Vlahovic looks after a team of more than 100 high-quality advisers attracted to the firm’s ‘values-based corporate culture,’ he says, where clients’ needs are front and centre.
He previously held senior roles at Coutts and Credit Suisse among others.
Read Michael Vlahovic’s full profile on Spears500.com
Methodology
In selecting and ranking HNW wealth managers, the Spear’s Research Unit conducts extensive research of the market, including interviews with well-informed observers, industry insiders and of course the advisers themselves. These take place both face-to-face, and on video and telephone calls. Candidates for inclusion are asked to fill in a form to provide data and a description of their work and client base. In finalising its selections and rankings, the Spear’s Research Unit employs a proprietary methodology that includes a weighted scoring system. This takes into account factors including an adviser’s standing, reputation, client base, recommendations and testimonials, the firm they represent, their level of engagement with the process and certain industry-specific criteria.
Best HNW wealth managers: the complete list
Click on the individual names to be directed to more detailed profiles of each adviser on The Spear’s 500 website. The table is ordered by ranking and then alphabetically by surname.
Find out more
To explore all the Spear’s indices, and to use our find-an-adviser tool to identify the private client adviser who is right for your specific requirements, go to the Spear’s 500 website.
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