News

In the interest of our readers, Citywealth is pleased to present the Top 10 Accountants of 2021 serving the UHNW segment of the market.

Family office Stonehage Fleming has appointed Hélie de Cornois as Director and Head of Estate Planning.

The wealth management arm of Mirabaud Group has hired Stuart Bates as the new CEO of its UK wealth management branch

WE ARE GUERNSEY has produced a new guide, in collaboration with Hodson & Company Limited, which aims to aid the movement towards sustainable family offices and investment practices.

Charles Russell Speechlys is strengthening its international wealth structuring capabilities with the hire of an international tax team in London, led by new partner Robert Reymond.

Citywealth spoke to Stuart McLachlan, CEO of sustainability consultancy Anthesis, to find out how he is helping corporates and financial institutions drive sustainable performance.

Philanthropic advisors play a pivotal role in helping donors achieve their mission and clarify their values and strategy. Therefore, we’ve prepared a selection of the most valuable suggestions from five of the Citywealth’s Top Philanthropic Advisors this year.

Citywealth’s April French Furnell spoke to CEO of EcoForests Michael Ackerman on the launch of their carbon capture vertical to find out more.

The London galleries you need to visit.

Citywealth spoke to Jerry Thomas, head of global equities at Sarasin & Partners about the importance of teamwork, and embedding ESG analysis in the investment process.

The hybrid event takes place from 2-16 July 2021 and allows dealers from across the world to show together on LAW's digital platform as well as hosting physical exhibitions in their own galleries, local regulations permitting.

Waverton Investment Management Group has acquired wealth planner Cornerstone Asset Management, subject to regulatory approval.

Citywealth caught up with Chris Hunter, CEO of Cambridge Associates Ltd UK, to discuss investment strategies and the growing focus on ESG.

Consumer commitment to buying ethically and sustainably has taken off, according to Julius Baer’s Global Wealth and Lifestyle Report 2021.

Highvern, a Jersey-headquartered independent fiduciary and fund services provider, has opened a new London office.

Nandu Patel has been appointed Head of Charities and Asset Consultant Relationships for Barclays Private Bank in the UK.

Guernsey trust law expert and Advocate Matt Guthrie has joined Ogier as a partner to lead the firm's rapidly expanding Private Wealth practice in Guernsey.

Nick joins Rhone from Deutsche Bank where he held multiple roles within their Wealth Management division

Netwealth, the challenger wealth manager, has completed a fourth round of fundraising with total investment now standing at £38 million.

Enjoy the perfect roast at home with minimal cooking, and maximum results.

The need-to-know destinations for your al fresco dining from 12th April onwards.

Credit Suisse has announced three promotions in its Guernsey Office, further strengthening its local team.

The fashion rental space has grown considerably in recent years as consumers become more environmentally conscious with their wardrobe choices.

Citywealth’s Leaders List is pleased to unveil the Top Recommended Philanthropic Advisors 2021. These advisors across the UK and US are the leading professionals in the field as decided by independent peer research conducted in early 2021.

Smith & Williamson LLP, which is part of the Tilney Smith & Williamson group, has appointed Majid Hussain as a Partner in its Private Client Tax team.

Cripps Pemberton Greenish has hired Zainab Dakhil as partner in its residential property team

Chris Sharman, with over 25 years’ experience in the fiduciary sector, has been appointed as a Private Wealth Director at Oak Trust Guernsey Limited (OTGL), part of Oak Group, the private client, corporate services and fund administration business.

Ocorian has appointed Damian Resnik as its new Managing Director in Bermuda.  

Digiterre, a software and data engineering consultancy, has partnered with Juniper Place, an investor intelligence, advisory and placement services provider, to build Juniper Place’s new intelligence platform for alternative asset raising.

The Channel Islands Wealth Management Association (CIWMA) recently announced the appointment of Catherine Taylor to the main Committee

Rebecca Durrant, partner and national head of private clients at Crowe tells Citywealth that senior women have a responsibility to help the next generation of women. Read on to find out about her role, typical client instructions and her Plan B.

Just a few hours from London but worlds away from the city, Fritton Lake offers a rejuvenating yet sustainable escape in Norfolk.

Supercars are a passion investment but the market has cooled. If you are looking for a quick profit, look elsewhere. But if you are looking to invest as a purist and for the roar of the engine, then you’ll be welcomed into the club with open arms.

This Spring, luxury country house hotel Homewood, Bath will open two self-catering garden lodges, Waterlily and Manuka, for a unique country-side retreat.

According to Knight Frank’s forthcoming edition of The Wealth Report, the number of ultra-high-net-worth individuals (UHNWIs), those with US$30m or more, around the world is predicted to grow by 27% in the next five years.

Three artists to be rewarded by a prestigious judging panel comprising of Fiona Bradley, Aurélie Deplus, Andrew Nairne, Sarah Brown and Melanie Keen

Celebrated restaurateur Markus Thesleff is putting the finishing touches to Los Mochis, his unique celebration of Mexican and Japanese cuisine and culture in the heart of Notting Hill.

In light of the coronavirus pandemic where workers leave their offices and work from home, it brings to the fore the need for special arrangements, if not through legislation, at least at the level of sectoral Collective Agreements, argues Savvas Savvides

Ahead of UK chancellor Rishi Sunak’s March Budget, the rumour mill is once again in overdrive as to whether tax reliefs will be in the firing line and if so, which ones.

According to Dr Andy Sloan, the past year was “like hitting the fast forward button”.

Four Seasons Resorts Bali has launched a groundbreaking Cancer Care Massage at its two spas, correcting misguided beliefs that prevent cancer survivors from enjoying the holistic benefits of massage.

Boston-based insurtech start-up Breach has placed an industry-first, crypto-denominated cyber insurance policy with CoinList, a full-service token sale and crypto trading platform.

In our latest 60-second interview, Henry Mander the new global practice head of trusts and private client at offshore law firm Harneys talks to Citywealth about helping LATAM clients understand the benefits of trusts and planning for the unforeseen.

Butterfield Group has hired Mark Farrell as Head of Trust at Butterfield Trust (Asia) Limited in Singapore

EFG International launches subsidiaries in Nicosia and Limassol

The new-look service offer will combine strategic partnerships from within NatWest Group and relationships with external providers all in one team - meaning both domestic and international family office and UHNW clients will be given access to an even wider breadth of services than ever before.

Citywealth spoke to Wendy Piergolam, Head of Client Development USA, IQ-EQ on finding her feet in a new role and cheering on fellow female high-achievers.

Great authority, influence and responsibility is what we often associate with women in power, more and more often. Around the world, women now have more power than ever before, with a rise in decision-making forums and domains, be them public or private, individual or within a company.

Amid growing investor appetite for sustainable investments, IQ-EQ has launched a new offering IQ-EQ Compass, which will support its clients in achieving their ESG investing goals while mitigating risks.

Citywealth caught up with Adam Benskin, chief executive of Strabens Hall to find out how he is keeping the firm connected while staff continue to work from home.

VAR Capital bolsters its team with two key hires

HSBC has announced three senior appointments in the Wealth and Personal Banking investment unit.

As 2021 brings us back to work with the first struggle to remember our passwords, the Citywealth team’s sights are set on the upcoming IFC Awards 2021 which we’ll be hosting virtually on the 23rd February. What better time to get an update from across the private wealth industry.

Join exhibition curator, Letizia Treves, on a 30-minute tour of the five-star exhibition, 'Artemisia' at the National Gallery for just £8.

Hawksford has appointed Brian Balleine as Director, Private Client Services. Brian has over 30 years’ experience working across Europe, the Caribbean and Asia.

A pleasant and inspiring chat with Aurélie brought some food for thought on the importance of recognition and its connection to success.

Saffery Champness Registered Fiduciaries has hired Matthew Gilligan as an Associate Director in the firm’s Guernsey office

Fairway Group has hired Aslam Shareef from EFG Fund Services to lead the funds department.

Crestbridge has appointed Daniel Channing as a Director in its Family Office Services team as the firm continues to experience growth following a period of new client acquisition.

Citywealth spoke to Gavin Wilkins, Global Head of Client and Intermediary Relationships at Hawksford about thinking on your feet and admiration for the main man of this time of year – Father Christmas.

Alpine travel specialist Leo Trippi has partnered with Vertis Aviation to transport you to the slopes this season in style, and safety.

For 2020, the Magic Circle Awards went virtual. All the networking, Citywealth glamour, and winners announcements delivered direct to guests’ homes.

Saffery Champness has today confirmed that James Sykes has been re-elected to the position of Chairman of the firm

Bringing sustainable, local production of leafy greens to urban communities, Crate to Plate is a London-based urban farming business – harnessing state-of-the-art hydroponic technology and eco-friendly innovation – to grow the freshest possible produce, delivered straight to your door.

The year 2020 has been a rollercoaster for all nations, but for Cayman in particular it has been a year of two halves.

In a new body of research commissioned by Dart Real Estate, the Cayman Islands is identified as a leading jurisdiction for establishing an international family office.

2020 has been a year of reflection, of prioritising family and friends, and of considering our impact on society and the environment. When you gift this Christmas, let your gifts tell your family and friends that you not only cherish them but also the planet we live on.

PraxisIFM has made nine senior promotions and four board appointments across three jurisdictions as the Group continues to invest in its employees’ progress and expertise.

For the ultimate in indulgent gifting, caviar takes some beating. And with a stunning collection recently launched by one of the world’s most celebrated visionaries and entrepreneurs, Hadid Caviar has got it wrapped this Christmas.

Channels Islands establish a new Association to represent Investment Management firms enabling its members to collaborate whilst continuing to uphold the highest standards of professional development and integrity

2020 was, as one private client advisor frankly said, “a crappy year”, not only for public health but also for companies who had to reconfigure to cope with the dramatic change in economic decisions.

Amy Clarke, Chief Impact Officer at Tribe Impact Capital, on helping clients use their capital to create the change they are most passionate about.

Integritas Wealth Partners have appointed Zena Whiteley as Client Relationship Director as part of their ongoing growth plans

Book your ski holiday with confidence with Leo Trippi’s "Flexible Cancellation" collection of luxury chalets.

Levenfeld Pearlstein is pleased to announce that its Trusts & Estates Group is growing with the addition of two new strategic hires.

Jersey’s independent offshore litigation and dispute resolution firm, Baker & Partners has established a presence in the Cayman Islands

Now 7 years old, the award-winning Oblix at The Shard is delighted to announce that it has reopened, following its closure during the Coronavirus pandemic.

But what does it mean to collaborate with Citywealth in the long run? Our dear Joshua Rubenstein, New York-based attorney, who has been with us for 15 years as a lead sponsor, agreed to share some of his thought regarding our long, fruitful collaboration

Citywealth spoke to Zena Couppey, Chief Commercial Officer at LGL who took up the new role in May 2020 to find out how she was settling in and what’s on the work agenda.

World leading custom superyacht builder, Feadship, is once again raising the bar in superyacht innovation as it unveils designs for its latest project, Escape

In celebration of the new V&A exhibition Bags: Inside Out, the V&A and British luxury lifestyle brand Mulberry have collaborated on a capsule collection

Wren Investment Office, the multi-family office in London, has announced that Adam Wethered is joining the company and, subject to FCA approval, will become Executive Chairman

Are crowded galleries and glitzy opening nights, a thing of the past for the art world? Like many aspects of life, purchasing and experiencing art, has also been affected by the coronavirus pandemic, yet as Citywealth’s April French Furnell explores, innovation is the answer.

Jersey’s leading independent offshore litigation and dispute resolution firm, Baker & Partners, has recruited Barry Faudemer, former Director of Enforcement of the Jersey Financial Services Commission

Citywealth spoke to Jan Meyer, European Head of the Portfolio Advisory Group at TwinFocus about staying on top of markets, onboarding new clients and maintaining close and regular contact with clients.

In his role of Head of Private Bank Europe, Monaco and Switzerland, Gérald will retain his existing responsibilities as CEO of Barclays Bank (Suisse) and work closely with senior leadership across Europe on extending Barclays Private Bank’s reach and capabilities in the region.

UBS makes sustainable investments its preferred solution for clients

Designed for a new era of travel, the SLOW collection is designed with a new eco conscious and post COVID-19 era of travel in mind.

Aircraft charter has been in high demand this summer, with airline capacity reduced and an unusually high number of new bookers favouring the safety, efficiency, and fewer touch points of private aviation

The first and only Aston Martin branded residential tower in the world is being built in Miami. Ready late 2021

Despite the increasing number of children born via surrogate, this path to parenthood is far from simple.

Barclays has appointed Jean-Christophe Gerard as CEO, Barclays Private Bank with immediate effect, subject to regulatory approval.

Global Bartending is the world’s first talent agency dedicated to the most influential bartenders.

Chris Horler, managing director of Sandaire Real Estate shares his day-to-day with Citywealth readers.

If you’re missing personal facetime with health experts, the new Ananda Wellness Bliss programme brings many benefits of visiting the award-winning spa directly to you.

Come November, President Trump will go head-to-head with the Democrats seeking re-election for a second four-year term while quite likely still doing battle with the fallout from coronavirus.

Barclays Private Bank has strengthened its senior leadership team with the appointments of Effie Datson as Global Head of Family Office and Melanie Aimer as Global Head of Client Experience.

Top tips for stress free travel in summer 2020

A dip into the working life of Nicola Gott, Managing Director at the Oak Group.

Citywealth is catching up in a fireside chat each Tuesday and Friday at 11am to get updates on topical issues within wealth management and private client

Marcus Wide acted as the Joint Liquidator of Stanford International Bank (SIB), based in Antigua, which represented the second largest Ponzi scheme in history (after the Madoff frauds) worth US$8 billion and affected over 20,000 depositors.

Joel Stevens, a Senior Managing Director, will be responsible for overseeing Bernstein’s Tampa-based private client operations and growth of the business in the region, which includes Tampa-St. Petersburg-Sarasota, Orlando, Jacksonville, and Naples.

Citywealth conducted a research programme over several months to create a Top trust litigator list fit for purpose. One of the key questions asked was: who has impressed you most during current or past litigations? Their answers have revealed a list of peer recommended litigators who have negotiated

Organisational sustainability: the internal mechanism - ethics, morals, processes and ESG products within the private client and wealth management industry

Citywealth spoke to Julie Zingiloglu, Senior Director and Head of Geneva at JTC about preparing the next generation for managing the family’s wealth and developing a mutual plan for the future.

The Covid19 pandemic means financial uncertainty and new challenges in managing family life. Below are some of the questions Suzanne Kingston, Consultant at law firm, Mills & Reeve is being asked about the impact of Covid19 on divorce, finances and child arrangements.

As the world turns upside down, how can investment managers help us understand what to focus on as people fear for their lives, families and lose their jobs?

As part of our 60 second interview series, Citywealth spoke to James Freeman, family law partner at Charles Russell Speechlys about helping clients through relationship breakdown and uncertainty in the law creating recurring issues.

What a difference a few weeks can make. When we researched this article in late February, the wealth advisers in Italy, said they had never been so busy.

Sanlam Wealth announces the opening of a new office in the heart of Royal Tunbridge Wells, Kent, to better serve its growing client base and strengthen its professional services network.

ZEDRA has announced the appointment of Steven Bowen as Managing Director of its Jersey office.

So if a horse or horse course ownership is in your sights, perhaps testing the water in a syndicate or fractional ownership programme could give you a head start.

As part of our 60 second interview series, Citywealth spoke to Joanna Bodell, managing director of the Isle of Man office of the Zedra Group following her team’s win at the IFC Awards 2020 in the Trust Company of the Year – Isle of Man category.

If government wants to act in a way that is truly “pro business”, it might start by helping challenger firms disrupt the status quo in financial services

Friday the 13th – the Sequel

From hand-decorated chocolates to elegant Italian egg cups, Corporate Service at Harrods has unveiled a beautiful range of decadent gifts to suit any brief or budget this Easter.

As part of our 60 second interview series, Citywealth spoke to Helena Robertsson, leader of the Global Family Enterprise platform at EY about onboarding the first ‘digital generation’, and talent concerns within family enterprises.

Daffodil Mulligan sees Corrigan, an old hand in the kitchen, cooking with the energy of a twentysomething.

In our 60 second interview series, Citywealth spoke to David Dorgan, a partner in Appleby’s private client and trusts team, based in Jersey, about passing the Jersey bar, inspiring his team to perform, and taking advantage of Jersey’s coastline at the end of a long day.

Citywealth spoke to Ben Covey, head of private banking at Santander UK about growing Santander’s UK private banking footprint and supporting clients through significant wealth creation events.

For a restaurant that is as foodie as it is sceney, IT London knocks it out of the park.

MasterPeace encourages creativity through ‘mindful painting’ and uses the transformative powers of creativity to revitalize and boost mental wellness.

Concierge services are not a new idea. They’ve been offered in various forms by most private client, focused businesses at some point or another. Yet today they are enjoying a renaissance.

Ocorian and Estera have announced today that their businesses have been combined to create a global leader in corporate and fiduciary services, fund administration and capital markets.

When you travel to New York you face that all-important decision of location. Which neighbourhood to choose? Read Citywealth's guide to New York for our tips and recommendations to get the most out of your visit.

Forsters has announced that Emily Exton will become the firm's new Managing Partner on 1 February. Emily succeeds Paul Roberts, who has managed Forsters since 1998.

Waverton Investment Management announces the appointment of Nick Tucker, formerly Managing Director and Head of UBS Domestic Wealth Management business in the UK, as Chief Executive Officer, subject to regulatory approval.

Citywealth spoke to Jacob Smed, managing director of Intertrust Jersey, about accomplishing tangible results, and being home in time to prepare a family meal.

Mirabaud develops its presence in the UK market with the hiring of two highly experienced employees for its Private Banking and Wealth Management business

This January, Hakkasan will mark Chinese New Year with a celebration of the traditional lucky Chinese knot, alongside a limited-edition signature menu designed to reflect good health and fortune for the year ahead.

Watch this space: tech funds are bound to continue writing success stories in the world of transformative businesses.

Independent wine specialists, 28°-50° have opened 28°-50° Wine Bar & Kitchen in Covent Garden, offering brasserie-inspired food and a thoughtfully curated wine selection spanning both old world and new world wines.

What does 2020 have in store for the wealth management industry?

Bringing a taste of Portugal to the City, Bar Douro opens in Broadgate this January

Corsair completes majority investment in ZEDRA Group

The 12-month red membership box gives unlimited access to a premium concierge service with a full-time dedicated lifestyle manager on call to enhance people’s everyday life

Jo​ë​l Robuchon International has just ​launched two exciting new sites, ​Le Comptoir Robuchon and ​Le Deli Robuchon

Citywealth spoke to Nic Arnold ACA, CTA about her career in the private client tax space and how she helps her clients cut through complexity, make decisions and protect their wealth for generations to come.

In celebration of Burns Night on Saturday 25th January, East London cocktail bar, The Sun Tavern is honouring everything great about Scotland with a special collaboration alongside Craigellachie Whisky

London & Capital has announced the appointment of Guy McGlashan as their new Chief Executive following the death in October of Co-Founder and Managing Director, Daniel Freedman.

Whether because of Brexit and the threat of a Labour government in the United Kingdom, political uncertainty in the Middle East or the fear of crime in Latin America, high net worth clients are beginning to look at Switzerland with fresh eyes.

Citywealth spoke to Ariane Slinger, CEO of ACE International SA to discuss special assignments, hand-holding clients and her love for vinyl records.

The newly opened subsidiary, Mirabaud (Abu Dhabi) Ltd, will offer domestic and international wealth man¬agement advisory, business development, succession planning support as well as other investment services.

Co-founders Julien Sevaux and Tarek AbuZayyad today announced the launch of Eighteen48 Partners

Private equity has turned into a racing Ferrari at Le Mans, winning through industry consolidation, reducing admin costs and introducing automation. Gone are the days when UHNWs would shy away from private equity as an unknown frontier.

In our 60 second interview series, Citywealth speaks to Christopher Yardley, client director at Strabens Hall and Gold winner of the Financial Advisory/ UHNW Services Individual of the Year at the Future Leaders Awards 2019.

Litigation has seen a sharp rise since the credit crunch with beneficiaries questioning their trustees and investment consultants providing context to UHNW clients on investment returns.

Edwin Coe has announced that Matthew Barnett has joined as a Partner in the Private Client team

Mac & Wild have teamed up with Highland Park Whisky to bring the wildest private dining experience to London this festive season, with the launch of their Land Rover Private Dining Gun Bus