A lot of buzz and excitement palpable in the gorgeous rooms of the 5 star Rosewood Hotel where over 300 guests were assembled eagerly waiting for the winners of the Citywealth Magic Circle Awards to be revealed..
The Awards, now in their twelfth year and regarded as the Oscars of the finance world, recognise the best wealth managers and advisors in the private wealth industry, in particular those who invest money with charities, private families and foundations.
Karen Jones, founder and CEO of Citywealth, took the opportunity to introduce the new interactive Leaders List, the online directory that highlights leading wealth management professionals.
Rugby star Matt Dawson hosted the evening and funds were raised for children’s charity The Rainbow Trust.
More than two hundred companies and individuals have competed over the year. Starting back in July 2016, organisations in the wealth management industry were invited to submit their entries to highlight developments from the past year. In October 2016 ten industry judges met at a highly vocal lunch to share their views on the submissions and draw up the final shortlist. The contest, which is run across a year, also included a period of online voting with more than 12,000 ‘public’ votes to gather popular opinion from charities, peers and private clients. The popular opinion results are then shared with the judges before final voting takes place.
Karen Jones, editor at Citywealth, commented on the awards: “The private wealth industry has had a positive year in spite of Brexit. Our awards reflect the industry opinion on the multiple changes that have taken place over the past year and who is winning in the ‘new world’ of wealth management.”
Congratulations to all the winners!
Over the past year, Citywealth has also been recognized for its own contributions to the wealth management industry and beyond. The company won three Stevie Awards, the world’s prime business awards, and has been shortlisted for the prestigious Queen’s Award for Enterprise. In addition, it has retained its top ranking in the Best Brand and Reputation IP Asset Class in the IP100 League Table which scores firms on their Intellectual Property use.