A key question for private bankers considering a shift to independent wealth management is how many investment experts are genuinely needed to manage wealth effectively. Spoiler alert: It’s usually more than one.
🔹 3-5 Specialists for Core Asset Classes: Independent wealth managers often bring together a team of at least 3-5 dedicated experts. Each focused on a specific core asset class: equities, bonds, private equity, sustainable investments, and alternatives. These specialists go deep, keeping up with trends, risks, and opportunities directly impacting their area. Specialised knowledge is critical for high-performance outcomes in today’s complex financial landscape.
🔹 Global Reach Needs a Visionary Leader: A global approach to wealth management requires one true strategist. A mastermind who sees the big picture and drives the overall strategy. This lead expert integrates insights from each specialist, adapting to changing global markets and aligning with the client’s long-term vision. They create cohesion in a team-based approach, blending local expertise with global reach and ensuring the whole aligns with client goals.
🔹 Depth and Diversity for Better Performance: Clients today demand performance and personalised solutions. With a team of asset-class specialists and a visionary strategist, independent wealth managers can offer the depth, diversity, and agility that single-manager models lack. This approach combines varied perspectives, creating a flexible strategy that shifts as markets change.
Independent wealth management isn’t a one-person job. It takes a team. Each investment expert focuses intensely on their domain. A strategist connects the dots. Together, they see the complete picture. This approach builds trust, drives performance, and adapts to a changing world. That’s how real wealth management works.
Source: LinkedIn
