HNW Wealth Manager of the Year

HNW Wealth Manager of the Year

HNW Wealth Manager of the Year

For an individual who has demonstrated outstanding to HNWs in the UK, specialising in managing investable assets between £500,000 and £15 million. Attention will be paid to factors including changes in client-facing head count, changes in assets under management, market performance, broader services and innovation, as well as client feedback.

WINNERS

Ross Elder

Lincoln Private Investment Office

Ross Elder, of Lincoln Private Investment Office, was crowned HNW Manager of the Year at the Spear’s Awards 2023. The ceremony, held at The Landmark London on Wednesday 22 November, recognised leading lights across the private client services world.

HNW Manager of the Year, presented in association with August, was one of 18 awards handed out at the glittering ceremony. Read on to learn more about what set Elder apart from his esteemed competition and discover more about the other finalists.

Lincoln Private Investment Office has ‘no interest in being the biggest but strives to be the best’, says managing partner and founding partner Ross Elder.

The firm is an independent wealth management business that is jointly owned by the team and 17 clients. This structure sets Lincoln apart from competitors; it enhances the incentive to put exceptional service and long-term investment performance at the core of its business, rather than driving profits at the expense of clients.

‘To increase our alignment with clients, we require all team members to invest their own money alongside our clients’, meaning that if we lose money for our clients, we lose money for ourselves and our families too,’ the firm says. ‘With our own assets committed, we remain focused in a way that few other wealth management businesses are.’

Elder’s clients are primarily entrepreneurs, business owners and financial professionals, either based in the UK or with significant UK interests. The average age of Elder’s clients is 52 – a reflection of his forward-thinking approach.

Luka Gakic – Ruffer

HSBC Global Private Bank

Sponsored by Calculus Capital

‘He’s an incredible man,’ said an industry peer when Ruffer’s Luka Gakic first reached the Spear’s rankings. Arriving in London as a six-year-old fleeing civil war in Sarajevo in 1992 with his mother, Gakic was put forward for a scholarship at Harrow, before later studying PPE at Oxford.

He joined Ruffer in 2011 and is now its head of UK wealth. Our judges noted he had ‘spent a vast amount of time winning trust and gaining the confidence of clients’, while the firm ‘had a storming year’.

Mary Haly

Waverton

Josh Matthews

MASECO Private Wealth