Citywealth Magic Circle Awards 2018
Over 300 guests were assembled at the 5 star Hilton London Bankside Hotel in the City last night eagerly waiting for the winners of the Citywealth Magic Circle Awards to be revealed.
The Awards, now in their thirteenth 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.
TV presenter Mark Durden-Smith hosted the evening and funds were raised for Lord’s Taverners, the disability sports charity.
More than two hundred companies and individuals have competed over the year. Starting back in July 2017, organisations in the wealth management industry were invited to submit their entries to highlight developments from the past year. In October 2017 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 16,000 ‘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 and CEO 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.”