Congratulations to Joseph Mazzucca , Elliot Bishop and Caroline Watson on their inclusion in The Spears’ 500 – the bible of wealth management – which alongside Spear’s Magazine is the definitive guide to the top advisors for High Net Worth (HNW) and Ultra High Net Worth (UHNW) individuals.
The Indices used this year place Joseph Mazzucca and Caroline Watson in Band One for their respective disciplines alongside private bankers, wealth managers, private investment offices, accountants and reputation managers. Elliot Bishop is in equally vaunted company, listed in the top HNW service providers as Band Two: business angels, security advisers, interior designers, equine advisers, art advisers, philanthropy, yachts and aviation, and concierges.
Deciding who makes an appearance in the guide is based on peer review and client referrals, backed up by Spear’s in-house research and analysis, informed by reader feedback, client interviews and questionnaires. The Spear’s 500 recommends the top 500 professionals (typically the top 25 or 50 in each sector, along with rising stars) across the spectrum of wealth management, tax advisory services and private client practice in the UK.
When The Spear’s 500 launched in 2014, the Sunday Times Rich List revealed 160 new entries to the list, with 54 billionaires ‘born, living or making their money’ in Britain or British territories. The top 1,000 entries at that date added up to around £300 billion. Now the total wealth of those on the Rich List is £519 billion.
Today, the magazine and guide is read in all British Airways and other carriers’ first-class cabins and business lounges as well as top class London hotels and other venues frequented by HNW individuals. The average Spear’s reader has a net worth (excluding their primary residence) of £5.5 million and an average annual income of £780,000.
So, there is no shortage of HNW and UHNW clients looking for the best wealth managers and advisers and inclusion in the widely read and respected Spear’s 500 2020 is a significant advantage for those listed.