News

Data from Quilter’s new client profiler tool reveals that just 12% of clients are ‘ESG Dedicated’, showing also that there has been an even split between those who are ‘ESG Focused’ and those who are ‘ESG Aware’.

Talking about the impact of sanctions on ultra-high-net-worth individuals and how trustees are responding to their clients’ main concerns, Citywealth interviewed experts to get an overview from different countries and understand what to expect from the near future.

Citywealth speaks to Kate Johnson, member of Citywealth's Leaders List and Senior Associate at Wedlake Bell who deals with personal tax, trust, estate planning and succession issues.

ESG disclosure specialists, Insig AI, highlight that 70 percent of FTSE 100 companies are not meeting stakeholder expectations on climate-related disclosures despite the increase in net zero pledges from larger companies.

Equiom welcomes Alcentra as its new majority owner, following the receipt of all regulatory approvals for the transaction.

Citywealth speaks to Kate Stovold, Partner at Levison Meltzer Pigott who specialises in the resolution of private family law matters, with a focus on financial claims arising on divorce or separation.

Travel onboard Abercrombie & Kent’s boeing private jet, limited to 48 guests, track lions and mountain gorillas, step inside mythical tombs and marvel at Victoria Falls.

Laurent Mazens will join the group on 3rd October 2022 as CEO of Stanhope Capital (Switzerland) SA, managing the team alongside Karim Bertoni, Managing Director and CIO.

Jersey Finance is stepping up its presence in Singapore and surrounding South East Asia region with the recruitment of a dedicated Business Development Director, Yiow Chong Tan.

IQ-EQ has promoted Guernsey-based Alasdair McLaren to the newly created position of Regional Head of Private Wealth for the UK, Ireland and Crown Dependencies.

Saffery Champness (Suisse) SA has signed up to global virtual currency platform Coinify to provide clients the option to complete fee payments using cryptocurrency.

Harumi Urata-Thompson, founder and CEO of HUT Consulting, talks about some of the hurdles that cryptocurrencies will need to overcome.

Dedicated Swiss blockchain investor Crypto Valley Venture Capital (CV VC) and its ecosystem company CV Labs open CV Labs Cape Town, the African region's first in situ blockchain incubation and ecosystem hub.

A roundup of all the features published on Citywealthmag.com from April to June 2022 - from features around estate planning and the US art market, in-depth interviews to some of the winners of the Magic Circle Awards 2022 and Brand Management and Reputation Awards 2022 and much more.

Citywealth speaks to Petra Posnikova, Investment Director at multi-family office, VAR Capital, to discuss ESG investments, define greenwashing and reveal possible reputational threats hidden behind new ESG offerings.

A focus on our WP Club and its members, talking about the role of networking in the current society, sharing common challenges and possible solutions for all advisors in the wealth management sector.

Hawksford launches expansion strategy with the acquisition of two international corporate service providers, increasing its geographical footprint and services, moving into Mauritius and the Republic of Ireland for the first time.

At a critical time for the energy markets and the future of UK energy policy, established renewable energy investment company Thrive Renewables has launched a new round of crowdfunding to help expand its investments for a cleaner energy system.

Citywealth celebrates the best accountants based in the United Kingdom. They share interesting insights on what led them to become accountants, going through important steps in their career journey and analysing how to always be up to date on current trends and developments in the tax sector.

Swarm's co-founders, Philipp Pieper and Timo Lehes, share comments on key industry news such as Lido looking at limiting staking volume and EU MiCa legislation.

Citywealth speaks to Kevin T. Keen, Private Wealth partner at Katten, who talks about 'Private Wealth' in Texas and shares his experience advising clients on tax, trust and estate planning matters both in the United States and abroad.

Citywealth interviewed some of the individuals who won an award at the Brand Management and Reputation Awards 2022, learning more about their career journey and the employer behind the employee.

On Friday 1st July, MASECO Private Wealth, in conjunction with LondonSports, will be hosting its Annual Charity Softball Match for the fourth time at Wormwood Scrubs near White City. The Charity Softball Tournament aims to raise funds for LondonSports, through donations and sponsorship.

Citywealth speaks to Christiana Lazo, Partner in the trusts and estates department of Kirkland & Ellis LLP’s New York office who works with high net worth families to develop domestic and international estate plans.

With the publication of the Top 15 US Legal Crypto Practitioners 2022, Citywealth celebrates some of the best crypto experts in the United States.

RM Sotheby’s in association with Mercedes-Benz has sold one of the two famed 300 SLR Uhlenhaut Coupés to a private collector and will donate the proceeds to establish a worldwide 'Mercedes-Benz Fund'.

Citywealth looks at the US art market with a feature article focusing on the evolution of art galleries and styles of art popular among investors, going through the problem of art fraud, with a mention to money laundering, not forgetting about NFTs.

JM Finn has reported record funds under management and administration of £11.7 billion in their Annual Report for full year 2021, an increase of £1.6bn over the previous year.

With the publication of the Top 50 Private Client and Family Legal Heroes 2022, Citywealth celebrates global legal advisors who walked side by side with their clients through difficult situations and a challenging economic and personal environment.

Citywealth speaks to Emma Nash, Family Lawyer and Partner at Fetcher Day, who has recently featured in Citywealth's Top 50 Private Client and Family Legal Heroes 2022.

With a specific focus on Guernsey and the Isle of Man, talking about the benefits deriving from AI and Automation, ESG and sustainable solutions in the fintech industry as well as the impact of digital loans, Citywealth delivers a roundup of digital trends to advise the fintech market.

Citywealth put under the spotlight the outstanding individuals who won a GOLD Award at the Magic Circle Awards 2022, learning more about their career journey and what it takes to be successful in what you do.

Citywealth speaks to Anna Josse, CEO and co-founder of Prism the Gift Fund (Prism), who won ‘Philanthropy Advisor of the year’ at the Magic Circle Awards 2022.

Grayscale Investments, the world’s largest digital currency asset manager, announced its first European ETF, Grayscale Future of Finance UCITS ETF (ticker: GFOF).

BVNK, the London-based crypto powered payments and banking platform for businesses, has secured USD 40m in Series-A funding led by Tiger Global, to drive growth as it brings traditional finance and crypto together.

IQ-EQ has announced that it has hired Briony Sun as a Chinese Family Office Executive sitting in Jersey’s Private Wealth team.

The best summer wellness retreats recommended by the wellness holiday specialists Health and Fitness Travel allow people to focus on reaching their wellbeing goals be they fitness, mindfulness or preventing burnout from stress.

Highvern is pleased to announce completion of the acquisition of Noble Trust Company in Guernsey, further adding to its multi-jurisdictional private capital and corporate services offering.

Oxford’s Smith School of Enterprise and the Environment announces public and private sector collaboration with Bank of America to tackle climate change and transform sustainability in financial services.

Citywealth speaks to David Imison, new CEO at Schillings, who has recently joined Citywealth's Leaders List and is ready to help shape the next chapter of Schillings' history.

Citywealth interviews Sean Kiernan, CEO at Greengage, to talk about crypto investments and tech start ups as he walks us through what led him to crypto, learning more about his role and background.

The European Nature Trust will be hosting the London premiere of Riverwoods, a feature-length documentary on the perilous state of wild salmon populations and degraded river catchments.

Citywealth is pleased to present the Top 100 International Private Client Litigation Lawyers, a top-rated list of the 'need to know' people in the litigation industry based on recommendations from clients and peers.

The Chartered Institute for Securities & Investment (CISI) has announced the launch of a new global initiative, allocating £2.5 million of its reserves to the CISI Future Foundation.

JTC announced strong full year results, achieving the Group’s 34th consecutive year of growth with balanced performances from both the Institutional Client Services (ICS) and Private Client Services (PCS) divisions.

Citywealth interviewed philanthropic experts to get a grasp on the overall impact and major achievements successful firms have accomplished, going through useful advice for individuals and companies who are interested in philanthropic investments.

Goodman Derrick LLP is pleased to announce that Kai Jones has joined the private client team as a senior associate.

Citywealth speaks to Christoph Courth, Global Head of Philanthropy Services at Pictet, who advises clients on the best ways to mobilise their wealth for social or environmental good.

Quilter Cheviot Europe (QCE) has announced that it has made three significant hires to expand its team, with an investment manager and two financial planners joining the Dublin office.

The iconic St. Moritz hotel La Margna reopens this winter as a stylish lifestyle property with an urban feel under the new name Grace La Margna St Moritz.

Karen Jones, Editor, Citywealth, spoke to the founders of Blockbar, a luxury spirit /NFT company. Dov Falic, co-founder & CEO, and Sam Falic, co-founder & President, talk about bitcoin and access to the established wine and spirit markets with new crypto consumers.

Pioneers of luxury travel in Antarctica, White Desert announce the details of 'Echo', their new camp which will be launching in November 2022.

Citywealth speaks to Ali Granville, associate at Newton Kearns, who provides advice to high-net-worth and high-profile clients on domestic and international family law issues.

Citywealth speaks to Camilla Wallace, partner at Wedlake Bell, who heads up the firm's Private Client Group, consisting of their Private Client, Family and Residential Property teams, and sits on the firm's Board and International Committee.

The Hayo’u Method celebrates women (and mothers) with a new limited edition of its Clear Quartz Crystal Eye Mask, available now with an embroidered pouch.

Citywealth interviewed some of the Leaders List’s immigration law experts to better understand the present situation and what to expect from the future of the UK immigration regime.

Citywealth wants to highlight a selection of the world's best road trips available for 2022, from sustainable electric motorcycle routes in Portugal, to family-friendly road trips in the Highlands of Scotland, going through America’s famous Route 66 and other fantastic driving adventures.

Half of retail investors intend to move some of their funds, including pensions, into ESG in 2022 as the focus on ethical investing becomes more prominent.

Citywealth yearns to put under the spotlight the Powerwomen 2022 winners who not only have had a successful career progression but have also been active in maximising the potential of women in wealth.

Leading Islamic Finance professionals expect dramatic growth in the number of investment funds combining ESG and Shariah compliance over the next two years.

Citywealth interviewed some of the Leaders List experts in the art sector to decipher how the global art market has responded to imposing digital assets.

As the crypto world develops, Citywealth spoke to some early adopters and corporate crypto players to hear their story.

Citywealth speaks to Oliver Embley, Partner in Wedlake Bell's Private Client Disputes team.

With financial analysts trying to predict what 2022 will look like globally, Citywealth placed a magnifying glass on the United States, talking about its wealth trends.

Citywealth talks about crypto criminals facing years in pre-trial detention and millions in legal fees.

ESG fund flows fell on the HL platform in January as investors looked to take gains and buy in to other sectors against a backdrop of market turbulence.

The crypto world involves innovation in finance and art. It is potentially disruption or perhaps it may be complimentary. As time moves on acceptance and adoption arrive, despite bitcoin's volatile price journey, the corporate and institutional world is looking at the opportunity to work with this '

EdenTree Investment Management has launched two new funds to give investors the opportunity to contribute to a more sustainable global economy.

Moses & Singer LLP is pleased to announce the arrival of Steve Lueker as a partner with the Tax, Banking & Finance and Internet & Technology practices.

Sherpa 80 XL from Arcadia Yachts, the luxury 24-metre yacht which respects the marine environment without forgetting about elegance, comfort, and its peculiar Italian design.

Citywealth speaks to Riccardo Barone, Partner and Tax Expert at Tavecchio & Associati, private client boutique law firm in Milan, Italy

Silvia Ricciardi interviewed some of the winners of the Future Leaders Awards 2021 to discuss about how successful leaders in the wealth sector are managing the workload in the present scenario.

Mr Savvas Savvides, Partner for Michael Kyprianou & Co LLC, talks about banking institutions and whether they can unilaterally impose new policies on clients with housing loan agreements.

Patrón, one of the most recognized and respected luxury spirits brands in the world, has launched its first-ever NFT tequila teaming up with BlockBar.com, the world’s first direct to consumer NFT marketplace for wine and spirits.

Citywealth new Deputy Editor interviewed some of the winners of the Future Leaders Awards 2021 to discuss about how they manage the workload in the present scenario.

Luxury Travel Intelligence (LTI) has announced the best new luxury hotels that emerged in 2021, with a mention also to the two worst.

James Godrich of JM Finn explains why he thinks that a patient approach can lead to short term drawdowns but remains the right strategy for long term returns.

Chandeliers sparkle and deep soaking tubs at Can Bordoy Grand House & Garden in Palma, Mallorca's old town

Nicholas Connon, CEO, Quintel Intelligence tells Citywealth about investigations, due diligence and analysis most recently in crypto-currency fraud

Citywealth’s April French Furnell delves into the Isle of Man offering to find out why it’s becoming so popular with HNW tech entrepreneurs.

Richard Killingbeck, the managing director of EFG Harris Allday, tells Citywealth about growing the business, undertaking a significant investment in systems, and switching off at the weekend on his farm.

This third article addresses the importance of a successful implementation.

I.G. Advisors, the award-winning consultancy working with philanthropists, businesses and nonprofits to create social and environmental impact, has appointed a new CEO.

Forming part of Brooks Macdonald International, which also has offices in Jersey and Guernsey, the Isle of Man office will play a pivotal role in expanding the firm’s relationships with clients and intermediaries.

Citywealth’s April French Furnell asks the industry, what challenges lie ahead as ESG products increase but reports of different standards brings confusion to investors.

A brand new personal development programme, aimed at providing deep clarity around identity and purpose, launches next spring from Mind Environment.

The second article in this four-part series explores: What is culture and why does it matter?

17 May 2022 will mark the return of our in-person Magic Circle Awards gala dinner, our flagship awards where we recognise the talent and achievements of the private wealth sector during the past 12 months.

Family offices, with an estimated $5.9trillion of assets under management, are deploying a growing portion of their assets to the private equity and debt markets. Citywealth’s April French Furnell spoke to family office advisors to find out the reasons why.

Whisky creator Gordon & MacPhail has unveiled a one-off collector’s item – the ultimate Christmas present for one very lucky whisky enthusiast, which is now available to buy.

The top 100 Crypto advisors and managers will shortly be informed of their ranking. Keep an eye out across social media for the accredited logos.

First challenger bank in the UK to focus on the needs of 4.8 million “mass affluent” clients.

This winter, treat your loved ones to a healthy hamper curated by top nutritionists Daisy York and Darcy Lawler through their newly launched brand Aegle.

Langan’s, one of London’s most iconic and celebrated restaurants, re-opened on October 30th with a reimagined interior design courtesy of a partnership with Peter Mikic.

As HMRC nudge letters arrive at the homes of crypto asset owners, urging them to check they have paid the right tax, Citywealth’s April French Furnell spoke to tax advisors to find out everything UHNWs need to know to stay on the right side of HMRC.

Citywealth speaks to Will Watson, a London Buying Agent with The Buying Solution, the independent buying consultancy of Knight Frank.

With the ski season 2021/22 around the corner, Leo Trippi has launched the luxury corporate chalet collection.

Julian Ribet, a family lawyer with over 20 years’ experience, provides Citywealth with an insight into his typical day, and shares his top tips for a successful private FDR.

Tilney Smith & Williamson has announced the appointment of Adam Smith as a partner in its professional services business with a remit to build a new US / UK transatlantic tax team at the firm.

Stonehage Fleming, the leading independently owned international Multi Family Office, today announces the appointment of Johan van Niekerk to the newly created position of Head of Family Office (US).

As well as high end health services and products JB&C have also jumped further into the private review space for your body, offering an evaluation and ongoing check up with an in-house doctor.

Access practical approaches for mindful living from the founder of Sangha Retreat in his new book.

Citywealth spoke to lawyers in the US to find out whether the model is still fit for purpose and what the Britney Spears case means for the future of conservatorships.

Set sail this Autumn from Valletta, Malta onboard ĆarBlu Malta’s latest yacht Skyline.

Citywealth caught up with Josh Matthews, co-founder and managing partner of MASECO Private Wealth, to discuss their journey to becoming a B-Corp.

Times are turbulent and many of our entrepreneur clients are currently asking how they could relocate to Switzerland, either alone, with their business or with their families.

What better way to shrug off the pandemic blues than to immerse yourself in the Feel Alive Again programme at Euphoria Retreat in Greece.

Citywealth’s April French Furnell spoke to family advisors to find out some key indicators for a successful handover.

RadcliffesLeBrasseur LLP is delighted to welcome Arshoo Singh as a partner in its Tax and Private Client team.

The regulatory environment around sustainability reporting continues to evolve and RBC believes that the ‘Sustainability Profile’ tool represents an important step forward in their approach to sustainable investing.

Citywealth caught up with Oi Yee Choo, Chief Commercial Officer of ADDX, to find out how ADDX are using technology to open up access to alternative investments in a way that historically was not possible.

Following another challenging year of uncertainty, the awards celebrate the very best in spa excellence across the UK and how they play an increasingly vital role in supporting our health and wellbeing.

As the days become longer and warmer, the focus of the public is turning to the art and culture events happening around London, or in other locations across the UK. Today, we’d like to share a couple of our favourite events that cannot be missed. From the largest art festival in the world,

Coutts, the wealth manager and private bank, today announced it has become a Certified B Corporation.

A prime real estate location, investment opportunities and five star living are all on offer to buyers at Wyndham Grand Algarve Residences, Quinta do Lago

Stonehage Fleming, an independently owned international Multi Family Office, has agreed to acquire the Private Client Services business of Maitland, a privately owned global advisory, administration and family office firm.

Celebrated for their craft techniques and creative intricacy, Biscuit Boutique are bringing beauty to special moments with loved ones

Tiedemann Constantia, the international operations of Tiedemann, one of the US’s largest independent investment and wealth advisors for high-net-worth families, trusts, foundations and endowments, has acquired the London-based multi-family office Holbein Partners LLP, subject to FCA approval.

Southeast law firm Thomson Snell & Passmore has welcomed Alan Kitcher as Partner – Certified Chartered Accountant to its Trust Management team.

PraxisIFM has acquired the established yacht ownership services business of Abacus Trust Group in Malta, expanding its Private Client & Corporate division.

Evonne will focus on building on the collaboration between the Private Bank and Barclays Corporate and Investment Bank in Singapore

China’s burgeoning billionaire population seeks wealth management closer to home

Law firm Kingsley Napley has welcomed Laura Harper as a partner in its private client team from McDermott Will & Emery.

The unprecedented spread of the coronavirus pandemic that has paralysed the planet for more than 18 months has brought with it severe restrictions by all countries and this has had a huge impact on both the movement of citizens and their freedom of movement within and outside the European Union

Flexjet, the provider of luxury private jet Shared Ownership and Access programmes, has just taken receipt of its latest Embraer Praetor 600. Citywealth’s April French Furnell was invited onboard to experience the luxurious and technologically advanced aircraft from the Owner’s perspective.

A more, natural and sustainable anti ageing treatment is my preference and micro needling does seem to have stood the test of time. Now with radio frequency offered by the Rejuv Lab it is much improved. Although it is a pricey treatment it is a good quality one.

Whilst Governments and Central Banks around the world have acted quickly to mitigate some of the consequences of the Covid-19 crisis, we are all too well aware that those investors looking for income are feeling the effects.

Designed with the most adventurous of travellers in mind, White Desert, have launched their second camp in Antarctica, Wolf’s Fang.

Citywealth’s charity partner for the Magic Circle Awards, Magic Breakfast, are hosting a virtual Magic Morning on Wednesday 23rd June 9-10am for supporters

Preethi Nair, co-founder of The Life Adventure, a corporate retreat that helps colleagues ‘restore, recharge and reimagine’ in 36 hours, shares an insight into the importance of journaling for career success.

A round-up of the need-to-know crypto news this week.

Could this be the finest Castle apartment in Scotland?

Citywealth spoke to Joss Dalrymple, Group Head of Client Services at Tilney Smith & Williamson, to find out how he is helping clients through the turmoil of the pandemic, and to discuss his Plan B – taking part in equestrian pursuits.

The winners in this year’s awards proved that they can operate and perform at a high level, and meet the unique challenges that we’ve seen in the past 12 months.

Since launch, the Fund has already attracted over $106 million in assets from private and professional investors demonstrating clear demand for global sustainable equity strategies.

Inspired by HRH’s lifelong passion and knowledge for the plight of Cheetah’s across the African continent, these exclusive watches show Backes & Strauss at its creative best while supporting vital efforts to preserve this extraordinary species.

HSBC Asset Management to launch a climate technology fund this year to provide clients with opportunities to invest globally in tech startups who are addressing the challenges of climate change.

Fairway Group has appointed Mark Hucker as interim Chief Executive Officer and Matt Ebbrell as Chief Operating Officer to lead the continued growth and digital transformation of the business.

The Life Adventure, the brainchild of entrepreneurs Justine Clement and Preethi Nair, promises to ‘restore, recharge, and reimagine’ all in just 36 hours.

Following a thorough landscape review and evaluation process, Temenos selected Taurus as a partner to deliver simplified access to digital assets for its banking clients.

Richard Hughes has been appointed as CEO of Brooks Macdonald International

White Desert and PrivateFly have launched two exciting new itineraries for the 2021/2022 Christmas and New Year weeks.

Citywealth’s April French Furnell asks: Why are NFTs growing in popularity and what should investors know before adding them to their art collection?

The second Guernsey Sustainable Finance Week brings together policy makers and experts from across the globe, demonstrating the island's position as a leader in sustainable finance.

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

Fiona Arrigo of The Arrigo Programme has launched a full 2021 schedule of UK group retreats.

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.