Top Recommended UHNW Wealth Managers
JP Morgan’s newly risen star Aastha Gurbax is personable, articulate and a breath of fresh air – useful traits to have when dealing with a versatile client base comprising new money creators, key TMT players and large UK family offices.
‘There’s a new breed of entrepreneurs looking for dynamism, flexibility and efficiency when it comes to wealth management,’ the executive director and senior banker says.
That’s why the private bank is set to spend around $9 billion in technology innovation, with over $100 million in 2017 for digital strategy in asset management. ‘It would enable clients to engage with us how and when they want – it’s incredibly beneficial for these times,’ explains Gurbax.
Although the past year has seen political storms, the Spear’s Young Wealth Manager of the Year for 2016 has been nimble in fortifying portfolios. With a ‘focus on fundamentals’, Gurbax seeks creative solutions by turning to alternative investments and finding ‘pockets of opportunities’ to combat short-term volatility.
What really sets the bank apart, she argues, is an understanding of the need for peer-to-peer communication between clients – an aspect that’s ‘less harnessed’ by other big banks. JP Morgan’s brainstorming events are in high demand: ‘It’s about learning from the entrepreneurial ecosystem – and it works really well.’