Sheffield Haworth Signals A Clear Statement Of Intent In The Private Wealth Market With Its Acquisition Of Gibson Tullberg

Sheffield Haworth today announced it is acquiring the private wealth search specialist Gibson Tullberg.

London (I-Newswire) January 14, 2013 - Gibson Tullberg is a well-known specialist executive search firm in the wealth management sector where it has developed a solid brand and helped to build several successful Private Banks over the years. It has offices in London, Geneva and Singapore and clients range from the largest global banks to niche wealth management businesses and family offices.

This deal will instantly project the enlarged Sheffield Haworth business to market leadership in the wealth management search industry, in terms of scale and geographical coverage. This market has remained fragmented for many years with small search boutiques working largely on a localised basis and some of the large label executive search firms covering the market without dedicated resources. The combination of international reach and deep local knowledge brings serious horsepower to this market.

Tim Sheffield commented: “We are 100% committed to creating a market leading private wealth search business within Sheffield Haworth’s broader financial services coverage. We see the addition of the Gibson Tullberg team as the critical step change in expanding our private wealth coverage in a coordinated manner across our clients on a global basis. All of our consultants operate off a single collaborative, global platform which we see as a significant competitive Sheffield Haworth advantage in an age where both talent and assets within private wealth are increasingly mobile and fluid”.

“The addition of the GT team to our existing resources will enable us to better serve our selected clients – with broader, deeper coverage in our existing markets, and also now in Switzerland”.

“We are very excited about the cultural fit between our teams – a shared recognition that our own success relies on relentless professionalism and committed long term partnerships in providing impartial, objective advice and an exceptional service to both our clients and the candidates we help”.

Tim Gibson-Tullberg added: “I am professionally excited to have found a like-minded partner in Sheffield Haworth to consolidate our business in Europe and Asia and extend our reach across the Americas, the Middle East and Australasia”.

“After a decade of building a niche search firm, I greatly look forward to spending more of my time doing what I do best – helping high calibre private bankers plan and navigate their careers in an increasingly dynamic and pressured market”.

“In addition, I am excited about the wider practice depth at Sheffield Haworth which will create access for all areas of the Private Banking model from specialist product and managerial roles to mid and back office functions.”