Top Ten UHNW Wealth Managers
‘The fundamentals of investing remain the same,’ Aastha Gurbax, JP Morgan Private Bank’s personable senior managing director, assures us. Geopolitical risk is ‘a fleeting source of volatility’ for her clients, many of whom own long-term portfolios.
But investors are becoming more nuanced. Gurbax says clients are increasingly aware of the trends in 2018 and come suitably prepared. She looks after a versatile client base of ‘new money creators’, TMT (technology, media and telecoms) players, as well as large UK family offices. Managing their high expectations is part and parcel of the adviser’s role. ‘They look for agility, flexibility, dynamism and a can-do attitude when it comes to wealth management,’ she says.
This level of sophistication means the private bank will continue leveraging more than $80 billion into alternative investments, as well as creating ‘a deep roster’ of affiliated managers and venture capital firms.
Gurbax believes in business dialogues and is especially proud of the peer-to-peer platform the bank provides for HNWs. ‘It’s about learning from the entrepreneurial ecosystem – and it works really well,’ she enthuses.
The Harvard graduate, who has previously worked at PwC, Deloitte, Morgan Stanley and Goldman Sachs, joined JP Morgan Private Bank in 2010. She was Spear’s Young Wealth Manager of the Year in 2016.