Top Ten UHNW Wealth Managers
Dina de Angelo has spent her entire career as a private banker, working with large families and family offices – substantial clients with complex, global requirements and a demand for seasoned service.
She describes 2016 as a ‘really excellent’ year, rich with some of the most interesting and complicated work of her career. She highlights the firm’s Global Fiduciary Mandate – ‘a highly technical, very complex’ option for large clients with substantial wealth, who need somebody to oversee numerous asset managers. You could say it’s been a long time coming: ‘For me, it’s been a dream to pursue, because it’s exactly what large clients need,’ she explains. ‘Often the patriarch has hired all these different managers over his lifetime and had been watching what all those different managers were doing. At a certain point that becomes very cumbersome for one individual.’
Pictet may or may not be managing the money, ‘but we become the global custodian of it,’ she says. ‘We oversee, from an asset allocation point of view, all the managers and provide investment work on top of that.’
A keen gardener, de Angelo is soft-spoken and patient – a personality that suits the Swiss private bank’s approach. Her first job was with the Bessemer Trust Company in New York, before transferring to London and moving to NM Rothschild to run its private bank. She has been a director at Pictet since 2008.