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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 High-net-worth individual (HNWI) is a term used by some segments of the financial services industry to designate persons whose investible wealth (assets such as stocks and bonds) exceeds a given amount. Typically, these individuals are defined ...
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''" by ''The Evening Standard''. Its subscribers include over 30,000 of Europe’s decision-makers and wealthy. William Cash,
Editor-at-large An editor-at-large is a journalist who contributes content to a publication. Sometimes such an editor is called a roving reporter or roving editor. Unlike an editor who works on a publication from day to day and is hands-on, an editor-at-large con ...
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 Guardian'', the ''Luxist'' and '' The Times''. ''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. Since financial assets minus outstanding liabilities equal net financial assets, net ...
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 HSH Prince Albert of Monaco, the former Irish president Mary Robinson, the former Cabinet minister Rory Stewart and Nigel Farage 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, 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 at 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'' and '' The Daily Telegraph'', 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 Sir Alexander Chapman Ferguson (born 31 December 1941) is a Scottish former football manager and player, best known for managing Manchester United from 1986 to 2013. He is widely regarded as one of the greatest football managers of all time ...
." In February 2003 Cash married Ilaria Bulgari, whose father was the vice-chairman of
Bulgari Bulgari (, ; stylized as BVLGARI) is an Italian luxury fashion house founded in 1884 and known for its jewellery, watches, fragrances, accessories, and leather goods. While the majority of design, production and marketing is overseen and exec ...
, 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 Josh Spero is a British journalist and author. He is acting associate editor for the ''Financial Times'' Weekend Magazine and the author of ''Second-Hand Stories''. Early life and education Spero was educated at University College School and r ...
, who left to join the '' Financial Times'' 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'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 an English manufacturer of luxury sports cars and grand tourers. Its predecessor was founded in 1913 by Lionel Martin and Robert Bamford. Steered from 1947 by David Brown, it became associated with ...
,
Lamborghini Automobili Lamborghini S.p.A. () is an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi. Ferruccio Lamborghini (1916–1993) ...
and
Porsche Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see #Pronunciation, below), is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany ...
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 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 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 ad 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.


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