Spear's Wealth Management Survey
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''Spear's'' (formerly known as ''Spear's WMS'' or ''Spear's Wealth Management Survey''), founded in 2006 by William Cash, is a bimonthly British magazine for
high-net-worth individual In the financial services industry, a high-net-worth individual (HNWI) is a person who maintains liquid assets at or above a certain threshold. Typically the criterion is that the person's financial assets (excluding their primary residence) are ...
s and those in the financial service industries. It has been called "the Bible of the banking fraternity" by '' GQ'' and "a European rival to ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
''" by ''The Evening Standard''.
Nick Cohen Nicholas Cohen (born 1961) is a British journalist, author, and political commentator. He was previously a columnist for '' The Observer'' and is currently one for ''The Spectator''. Following accusations of sexual harassment, he left ''The O ...
called it "The best portrait I have seen of a world beyond our means and comprehension", in ''
The Spectator ''The Spectator'' is a weekly British political and cultural news magazine. It was first published in July 1828, making it the oldest surviving magazine in the world. ''The Spectator'' is politically conservative, and its principal subject a ...
''. Its subscribers include over 30,000 of Europe's decision-makers and wealthy. William Cash, editor-at-large of ''Spear's'', has twice won Editor of the Year at the PPA Awards (2007 and 2008). ''Spear's'' is now published by Progressive Digital Media. The launch in 2006 included publicity from ''
The Independent ''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...
'', ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
'', the ''Luxist'' and ''
The Times ''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its si ...
''. ''Spear's'' Indices are surveys of key people in the high
net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net w ...
world. ''Spear's'' Salon is ''Spear's'' blogging forum which hosts a number of regular contributors. ''Spear's'' 500 are rankings of consultants and service providers in several wealth and luxury related industries. They also publish the ''Spear's'' 500 Travel. Under Alec Marsh's editorship the magazine has run a series of interviews with high-profile figures including Prince Albert II of Monaco, the former Irish president
Mary Robinson Mary Therese Winifred Robinson (; ; born 21 May 1944) is an Irish politician who served as the president of Ireland from December 1990 to September 1997. She was the country's first female president. Robinson had previously served as a senato ...
, the former Cabinet minister Rory Stewart and
Nigel Farage Nigel Paul Farage ( ; born 3 April 1964) is a British politician and broadcaster who has been Member of Parliament (United Kingdom), Member of Parliament (MP) for Clacton (UK Parliament constituency), Clacton and Leader of Reform UK since 20 ...
, in which he talked about being hated and his return to politics before the launch of the Brexit party in 2019. In 2017,
David Miliband David Wright Miliband (born 15 July 1965) is the president and chief executive officer (CEO) of the International Rescue Committee and a former British Labour Party politician. He was the Foreign Secretary from 2007 to 2010 and the Member o ...
, president of the International Rescue Committee, told ''Spear's'' that the world's rich needed to give more money to charity and good causes in an exclusive interview widely followed elsewhere. In June 2020, Alec Marsh stepped down as editor, becoming editor-at-large, and was succeeded by his deputy editor Edwin Smith.


History

William Cash, a magazine writer who has also been a foreign correspondent for ''
The Times ''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its si ...
'' and ''
The Daily Telegraph ''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a British daily broadsheet conservative newspaper published in London by Telegraph Media Group and distributed in the United Kingdom and internationally. It was found ...
'', was ''Annabel's Magazine's'' contract publisher in 2005, when they published the pilot edition of ''Spear's'' as a supplement. At that time there was competition for advertisements from "fashion houses and luxury brands" upon which the magazine depended. Cash launched ''Spear's Wealth Management Survey'' in April 2006 with a targeted audience of "the 30,000 wealthiest, most successful and influential people in the UK: from Rich Listers to royalty; hedge fund managers to serial entrepreneurs; oligarchs to internet moguls; cabinet ministers to Sir Alex Ferguson." In February 2003, Cash married Ilaria Bulgari, whose father was the vice-chairman of Bulgari, the third largest jewellery company in the world. They divorced in 2007 and Cash sold the magazine for about £1.2 million to Luxury Publishing. Then in 2009 he bought a 67% holding back, with Nectar Capital holding the other shares. Cash is the owner of Upton Cressett Hall, a 16th-century Tudor manor in Shropshire. In 2015 ''Spear's'' became available at 250 outlets in London, as well as on subscription. Freelance writer Alec Marsh, a former ''Daily Telegraph'' journalist and ''Daily Mail'' gossip columnist, was appointed editor of ''Spear's'' in January 2017. Marsh, who is also the author of the Drabble and Harris adventure novels, took over from Christopher Silvester, who was editor in 2016. Silvester took over from longtime former ''Spear's'' editor, Josh Spero, who left to join the ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'' at the end of 2015.


''Spear's'' Salon

Topics covered in ''Spear's WMS'' include 'Asset Management' with articles on investments in bonds versus equities, quantitative easing, impact of
Mark Carney Mark Joseph Carney (born March 16, 1965) is a Canadian politician and economist who has served as the 24th and current Prime Minister of Canada, prime minister of Canada since 2025. He has served as Leader of the Liberal Party of Canada, lead ...
's appointment on the HNW individuals, Risks and Rewards of Rare Earths Investments; 'Art & Collecting' with articles on the art market boom, gallery etiquette and collectors who only want top names; 'The Good Life' with articles on owning your own island, airports becoming more luxurious,
Aston Martin Aston Martin Lagonda Global Holdings PLC () is a British manufacturer of Luxury car, luxury sports cars and grand tourers. Its predecessor was founded in 1913 by Lionel Martin and Robert Bamford. Headed from 1947 by David Brown (entrepreneur ...
,
Lamborghini Automobili Lamborghini S.p.A. ( , ), usually referred to as Lamborghini or colloquially Lambo, is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its su ...
and
Porsche Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see below), is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. Th ...
competitions; 'Property' with articles on the repossession of a £5.25 million property in One Hyde Park, social investment and the housing crisis and leaseholds in London; 'Legal' and 'Taxation" with articles on challenging the notion that companies must minimise the tax they pay, that
tax avoidance Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxe ...
is not a fiduciary duty, how US laws impact tax evasion by use of Swiss banks and G20 take action against tax-avoiding multinationals. They also deal with topics such as how to manage profits on the sale of hobby
thoroughbreds The Thoroughbred is a horse breed developed for horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are considered ...
without incurring a tax liability, and bulletproof cars.


''Spear's'' Indices

''Spear's'' publishes their Indices in each issue in which they rank and rate the top individuals in each wealth management sector. Indexes include: London's top UHNW wealth managers, Spear's Family Lawyers, Spear's Hotel Index, Spear's Security Index, Education Index, UHNW Wealth Management and Family Office Index, Legal Index, Accountancy Index, Philanthropy Index, Reputation Management Index, Property Index, Artan Collecting Index, International Financial Centres Index (IFCs), Security Index, Private Equity Index, Business Angels Index and Hotels Index. In the November/December 2019 edition ''Spear's'' published its first Luxury Index featuring 100 of the leading individuals in luxury today, from hoteliers to horologists, to tailors, interior designers and jewellers.


''Spear's'' 500

''Spear's'' publishes this annual rankings in two categories. "Band One" is the rankings of top private client professionals focused on wealth management, law and advisory services. "Band 2" is the rankings of private client services primarily focused around lifestyle, alternative investment and luxury.


''Spear's'' 500 Travel

''Spear's'' 500 Travel is a rankings of luxury hotels, resorts, holiday rentals and tour operators in the world, including private aviation and yachts.


Spear's Book Awards

Spear's Book Awards were awarded in a number of categories between 2009 and 2014. In 2009, the awards jury picked books which went on to win the
Man Booker Prize The Booker Prize, formerly the Booker Prize for Fiction (1969–2001) and the Man Booker Prize (2002–2019), is a prestigious literary award conferred each year for the best single work of sustained fiction written in the English language, wh ...
and the FT/Goldman Sachs Prize. In 2010 the categories included: * Citi Private Bank Financial History of the Year * Financial Book of the Year * Biography of the Year * Family History of the Year * Social History of the Year * Illustrated Book of the Year * Novel of the Year * Spear's Special Awards: ** For Best First Book ** For Outstanding Achievement for a body of work ** For an Outstandingly Produced Book


References


External links


''Spear's''
official website. {{Progressive Media Group Business magazines published in the United Kingdom Quarterly magazines published in the United Kingdom Magazines established in 2006