News

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.

A day in the life of Alice Lau, Executive Director, Head of Private Wealth Services at Intertrust and a member of the Hong Kong management team.

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.

Sustainable cooking is “the only way I’ve ever cooked”, says Oliver Gladwin, one part of the Gladwin Brothers trio.

TwinFocus, a boutique multi-family office has announced that it has appointed Jan Meyer as Director of Portfolio Advisory in its London office.

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.

As part of our 60 second interview series, Citywealth spoke to Raul-Angelo Papotti, Head of Tax and Tax Planning at Chiomenti in Milan about listening to clients and understanding what it is that really worries them.

Adding spice to your diet, sleeping well, and practising yoga are just some of the ways you can manage your anxiety and stress during these difficult times.

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.

A new exhibition of Pablo Picasso’s ceramics opens in March at Huxley-Parlour Gallery with pieces ranging from £5,500 to £70,000.

As private equity experiences rapid growth as an asset class, investors and trustees need to be prepared, writes Charlotte Thorne

• July marked the point at which the USA attained its longest period of economic expansion on record – a period which has endured since 2009.

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

Whether you are romantic, naughty or nice Molitor’s specially curated packages put a cheeky twist on Valentine's Day

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.

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

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

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

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.

A newly expanded spa, stylish pop up yurt and extended range of accommodation, makes Hotel Arlberg in Lech the ideal destination this winter - whether you’re an avid skier or just keen on the apres-ski.

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

Equiom, the global professional services provider, is pleased to announce the appointment of Gerard Delaney to Chief Commercial Officer

As recent changes to French employment law bring to the fore the challenges of crew employment aboard superyachts, Citywealth’s April French Furnell investigates how owners and managers are adapting to the new regulations.

Deutsche Bank Wealth Management has appointed Gregor Hirt as Global Head of Wealth Discretionary and Marwa Alani as Head of the London Middle East desk.

Citywealth spoke to Alison Parry, Head of Private Wealth in Guernsey and Marie McNeela, Managing Director of Intertrust Guernsey to discuss evolving as a business, looking for growth in unexpected areas, and the importance of its people.

The launch last year of the Guernsey Green Fund, the world’s first regulated green investment fund product, has put Guernsey on the map as a hub for investors focused not only on financial returns but also on environmental sustainability.

Read on for our top recommendations of where to stay, where to dine and where to host clients on the island.

Germany’s wealthy stay loyal to the local economy and invest their assets close to home

Investors and investment managers who are moving to sustainable finance and wanting to take time doing so, it remains to be seen if Gen Z and the Greta effect will let them do so. If ‘extinction’ rather than sustainability is on the United Nations and social media agenda, it remains to be seen if th

Tripping the light fantastic at 5 star Chatwal New York

On Wednesday 16 October 2019, Citywealth's Powerwomen Club will be hosting a lunchtime panel discussion on the difference between being a mentor and a sponsor.

The family office concept has been around for a long time, particularly in the US where the entry level to set them up is drilled down to the affluent population, yet the past decade has seen a significant increase in interest in higher value offices from European, Middle Eastern and Asian families

Simon Black joined Dolfin in September 2018 to bolster the firm’s ability to meet the demands of HNW and UHNW private investors. Today, he serves as Dolfin’s Head of Investment Management.

Great news for Bermuda as blacklisting worries disappear

Fieldfisher is pleased to announce the appointment of Peter Golden as the new Head of its Private Client practice as well as the appointment of Alistair Robertson as partner, both from Linklaters.

The end of summer is in sight, and an activity filled trip to 12th Century castle retreat Castello di Vicarello is an idyllic way to see it off.

Kleinwort Hambros has announced the launch of its Career Returners Programme, an initiative aimed at recruiting experienced private banking and investment management professionals who have taken career breaks of two years or more.

JTC has welcomed three new directors in its private wealth division as part of a 36-strong raft of mid-year promotions across its global network.

In our 60 second interview series, Citywealth speaks to Naomi Rive, group director and head of family office at Highvern Trustees about completing the management-buy-out of Highvern from Coutts in 2016, and demonstrating substance over form to her team.

In a constant endeavour to achieve new horological heights all the while staying true to its jewellery know-how, Backes & Strauss’ Berkeley Renaissance Duke Tourbillon timepieces house the brand’s very first double peripheral tourbillon mechanism.

Julie’s restaurant is due to reopen following an extensive refurbishment in September 2019, marking the restaurant’s 50th year.

In our 60 second interview series, Citywealth speaks to Richard Fagan, Director at VG, an independent provider of fiduciary and administration solutions based in Jersey, about being flexible to the ways in which clients want to work and allowing employees to make mistakes.

Gezellig is a serious restaurant with serious wines and serious chefs cooking serious food. The great thing is that they‘ve found a way to counterbalance all of this seriousness with an inviting room and relaxed ethos.

In our 60 second interview series, Citywealth speaks to James Bunker, Director and Head of Property at Vardags about the challenges of advising foreign clients who are unfamiliar with UK property laws, and why the traditional model of buying and selling properties is ripe for transformation.

Ocorian and Estera to merge forming a global trust and fund administration leader

Sette is the first European project from Scarpetta, one of the hottest tickets in town and probably the best Italian in Manhattan‘s trendy NoMad district.

Critically acclaimed, authentic Mexican restaurant, Santo Remedio will launch an interactive dining experience ‘Mesa Santa’ this year.

Citywealth speaks to Analjit Singh about his love affair with South Africa and plans for expansion

Tax accountant Ashley Hill joins from BDO LLP, where he spent twelve years as a tax principal.

Transformational retreats of Lu Jong (Tibetan Healing Yoga) are being offered in Mozambique and Seville with two exclusive trips confirmed for 2019 by Bibi Schofield, founder of Malabar Retreats and Dominique Caubel, one of Europe’s leading teachers of Lu Jong.

Kate Maurice, a manager at Dixon Wilson, took home the Tomorrow Club Award at the 2019 Magic Circle Awards. In this interview, Kate provides an insight into her daily life and shares some of her recent accomplishments.

Niquesa Travel is a luxury travel company creating experiential holidays, journeys and expeditions for couples, families and small private groups.

You made it. The summer is finally here. Time to unwind, head off on your travels or plan your staycation. Before you put the all important ‘Out of Office’ on, read our selection of summer must-haves and inspiration

Best known for its private banks for wealthy, international clients, at the end of last year Liechtenstein decided to also become a crypto hub.

In our 60 second interview series, Citywealth speaks to Lisa Vanderheide, Tax Director at Stewarts about establishing a new tax investigation arm for the litigation-focused law firm.

Carrying out due diligence for new clients can be time-consuming and laborious, but automating the process through regtech could be a game-changer, believes Dolfin COO Amir Nabi.

Andrew Sams joins multifamily office from Deloitte UK

In our 60 second interview series, Citywealth speaks to Daniel Freedman, managing director at London & Capital about helping clients through difficult periods, and his passion for fruit which in an alternative world might have seen him become a greengrocer.

Boltenko Trust is a boutique trust company for wealthy Russian clients.

26 Days, 15 Golf Courses, 7 Countries, 4 Continents, 1 Private Jet

The lobbying; legalization and consequent institutional value of the medicinal, not recreational, cannabis industry continues to rise and is poised for more growth as a wave of legalization and public pressure for reform, drives change in North America and Europe.

With retirement age increasing, work-life balance being threatened by the inability to switch off from emails, and health becoming more of a priority among millennials; the number of sabbaticals being taken by professionals is expected to increase in the coming years.

If you’re planning a business trip out East and visiting Hong Kong and China, then look no further for recommendations of where to stay, where to dine and where to host your clients...

Citywealth spoke to Ian Devereux, a partner at Stephenson Harwood and head of the firm’s private wealth team in Greater China, about the growing number of UHNW families in the region and their need for increasingly bespoke advice.

Dementia is the most feared health condition in the UK, according to a study carried out by the Alzheimer’s Society. Memory loss and difficulties with thinking, problem-solving or language are just some of the symptoms of dementia.

For the first time, COYA are bringing their annual summer white party, La Noche Blanca, to the City to celebrate the start of summer. On Thursday 20th June, COYA will transform the rooftop garden at 1 Angel Court into the back streets of Lima.

The long-awaited Bob Bob Cité, sister restaurant to Bob Bob Ricard, has arrived. Located within The Leadenhall Building, fondly known as the Cheesegrater, the restaurant is accessed via a separate lift to level 3. But be warned, a dress code applies. “Strictly elegant”, describes the website.

The wealth management industry has struggled to engage with the growing pot of female wealth which has risen to make up to 51 per cent of US personal wealth...

In our 60 second interview series, Citywealth speaks to Mort Mirghavameddin, CEO of Trust Corporation International on embracing change in the trust industry, allowing staff to flourish and visting the Marche region of Italy.

Katten Muchin Rosenman LLP announced today that Michelle R. Canerday has joined the firm’s Trusts and Estates practice as a partner.

Dolfin, the agile and independent wealth management platform, has completed its acquisition of the business of London-based Falcon Private Wealth Ltd.

Five years in the making, Bob Bob Cité which will finally open to the public on Friday 10th May - is its owner Leonid Shutov’s labour of love.

RBC Wealth Management, part of Royal Bank of Canada, has announced the appointment of Dave Thomas as Head of RBC Wealth Management – International.

Strabens Hall Limited has appointed Peter Sayers as Head of International Business Development.

City law firm, Druces, welcomes the arrival of Samantha Hook, a specialist real estate finance partner.

With Father’s Day around the corner on Sunday 16 June, Citywealth has pulled together the best luxury gifts on offer. From golf weekends to luxury backgammon sets, there is something for everyone.

Whereas once, business and its executives, had a simple life, with news about their deals and views likely to be seen only in the business pages, today the same story has the potential to be spun into front-page news, using the lens of a populist wave from Social Media and the Media.

The Board of Directors of CMB has appointed Mr Francesco Grosoli as Chief Executive Officer of the bank as from 15 May 2019.

In our 60 second interview series, Citywealth speaks to Suzanne Kingston, a consultant for Mills & Reeve about the importance of possessing a ‘black book’ of trusted advisors and embarking on a new challenge, a cheese and wine half marathon.

Ocorian, a provider of bespoke administration and fiduciary services to corporate, institutional and private investors, has appointed Anthony Zarmakoupis as its new Chief Financial Officer.

The Holmes Hotel London will open in May. Formerly Park Plaza Sherlock Holmes London, the repositioned hotel situated on Chiltern Street Marylebone, has seen a multi-million-pound refurbishment of the original site

Charles Russell Speechlys has promoted nine lawyers to Partner, effective 1 May 2019, including one partner to the family team and one partner to the private client team.

Kleinwort Hambros, a private bank and wealth manager in the UK, has today announced the launch of a new Luxembourg-listed, actively managed blockchain note.

From Michelin-starred cuisine to quirky speakeasy bars, Jersey has much to offer the business traveller as well as those looking to stay on for a longer break with or without the family. Here you’ll find our top recommendations of where to stay, where to dine and where to host your clients...

Most people understand they need to leave a Will to ensure their assets or businesses are divided and passed on to their families or spouses as they wish, despite this, there are plenty of reports which show the number of inheritance disputes are on the rise...

In our 60 second interview series, Citywealth speaks to Alex McCready, head of reputation and privacy at Vardags about high stakes crisis work and the rise of blackmail threats.

Estera, a leading global provider of funds, corporate and trust services, has appointed Andre de la Mare and Sharon Rogers as Associate Directors in its Guernsey office.

In this exclusive interview, Citywealth speaks to Marina Efraimoglou, the found of Euphoria Retreat about her journey from investment banker to entrepreneur, and her personal battles which inspired her spa philosophy.

Why not treat yourself or a loved one to some royal treatment with the launch of COMO Shambhala Urban Escape at COMO Metropolitan London’s specially created range of treatments which cater for the specific wellness needs of expectant Mums.

Set in the South Pacific’s Fijian archipelago, Laucala Island is a private tropical paradise and ecological Garden of Eden. Laucala combines a unique commitment to the environment that surrounds it with unparalleled levels of luxury and privacy.

In our 60 second interview series, Citywealth speaks to Nigel Tait, managing partner of reputation law firm Carter-Ruck about the rise in UHNW clients being blackmailed and still getting a buzz from stopping intrusive or defamatory articles about clients being published.

Mills & Reeve welcomes Suzanne Kingston to its London family team

After 10 years at Schillings, Davina Katz has left the firm and this week launched Katz Partners LLP.

In our 60 second interview series, Citywealth speaks to Richard Jordan who recently joined Gateley Plc, to establish its private client offering in London.

Laura Geraghty has been promoted to partner at Levison Meltzer Pigott (LMP), taking the number of partners to six.

Saffery Champness has announced eight new promotions to its partnership with effect from 1 April 2019.

Is the UK still a golden destination for Russians or are they feeling the chill? Citywealth’s April French Furnell spoke to advisors in the private wealth industry to get views.

Quilter Cheviot’s Jersey office has continued its recent expansion with the appointment of Tom Lovell as Executive Director.

Hound Lodge lies at the heart of Goodwood’s spectacular 12,000-acre Estate. A sense of solitude and peace is found here, deep in the Sussex countryside. This magnificent 10-bedroom sporting lodge is yours to experience in its entirety.

In our 60 second interview series, Citywealth speaks to Harinder Hundle, managing partner of TwinFocus, London, a Boston based family office, on building trust and friendship with clients, and mixing business with leisure.

Stonehage Fleming, an independently owned family office, has announced the appointment of Julian Vydelingum as a senior financial Planner in the Wealth Planning team.

HSBC announced today that it has started using BlackRock’s Aladdin Wealth platform to boost the wealth management services it offers to customers across the high net worth spectrum.

This week Citywealth’s April French Furnell investigates where the big money is going into tech. Is it all cyber security, payment systems or Blockchain? Or AI, MedTech and ethics?

In our 60 second interview series, Citywealth speaks to Stuart Platt-Ransom, CEO of Oak, the recently launched private client, corporate services and fund administration group on the challenge of leading a group of recently acquired businesses, while recovering from broken ribs.

Oak comprises three existing businesses - Oak Trust Group, Consortia and Kreston IOM - which between them have offices in Guernsey, the Isle of Man, Jersey, Malta and Mauritius.

Standard Chartered Private Bank has appointed Ali Hammad as Market Head, Private Banking, Middle East and North Africa

In our 60 second interview series, Citywealth speaks to Ros Bever, national head of family law at Irwin Mitchell Private Wealth, about meeting client’s raised expectations and how winning is sometimes about compromise.

Sandaire, the international multi-family office, has announced the launch of Sandaire Corporate Finance, a new division to serve the evolving needs of its clients.

Whether it is for a special celebration, indulgent family holiday or a team bonding getaway, Villa Infinitum offers the perfect exclusive setting from €15,000 per week, based on 10 people sharing.

To celebrate International Women’s Day, D&D London are introducing a series of dinners entitled The Secret Diary of a Farm Girl, championing women in the farming industry.

In our 60 second interview series, Citywealth speaks to Shelley Leaney, Director of Private Clients at Charles Stanley, about taking a more holistic approach to managing private client’s money.

Stonehage Fleming has announced the expansion of its private capital team with the appointments of Meiping Yap as Director and James Jefferson as Senior Associate.

Intertrust has announced the appointment of Amit Taylor as head of corporate services in Guernsey to pave the way for future growth and development.

Citywealth spoke to Meinhard Platzer, the co-CEO of LGT Bank AG, Zweigniederlassung Österreich to discuss the strategic importance of Austria for the bank, its future ambitions and philanthropic endeavours.

The Austrian economy thrives on the strength of its SMEs, according to Meinhard Platzer, Co-CEO of the Austrian business of LGT Bank, the largest family-owned private banking group in Europe.

Katten Muchin Rosenman announced today that Matthew Sperry is the newest member of the Trusts and Estates department at the firm.

In our 60 second interview series, Citywealth speaks to Eva Lindholm, head of the UBS Wealth Management business in the UK and Jersey, about the changing priorities people attach to their wealth and keeping in mind that clients come first, always.