News

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.

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.

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.

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

The founding partners of Capital Generation Partners share the lessons they have learnt from managing family offices and how these have shaped their UHNW investment proposition.

Saffery Champness Registered Fiduciaries has today announced the appointment of Sean Walsh as an Associate Director based in the firm’s Guernsey office.

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.

Citywealth spoke to Katherine Ellis, CEO of Boston Multi Family Office following the successful MBO in late 2019 to find out more about her daily life and client instructions.

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

Hassium Asset Management, a leading UK wealth management boutique, announces effective immediately the appointment of Simon Pinckney as a Managing Director

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.

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.

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.

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.

Struggling for gift ideas? Citywealth has compiled the luxury edit of gifts to impress even the most difficult to please.

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

In our 60 second interview series, Citywealth speaks to Rachel O’Donoghue, a partner in the financial planning team at Buzzacott about juggling client demands, helping the UHNW to avoid the trends of the day, and her passion for food.

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

If you are in the midst of planning your next holiday, take a moment to stop. What impact could your vacation have on the planet?

Private wealth specialist Henry Wickham has joined Ogier's Private Wealth team in Jersey as counsel.

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.

Launching exclusively in Harrods in September 2019, The Merchant of Venice are expanding their Murano Exclusive Collection Line to include their all-new scent Imperial Emerald created by perfumer Jordi Fernandez.

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

The ability to track your entire assets in one place, with two clicks

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.

Situated on Eastcastle Street, Arros QD is named for its signature ingredient - arros is Spanish for rice - and its chef‘s initials.

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

Dominic Lawton-Smith has joined Crestbridge in Cayman to focus on ultra-high net worth families and their advisers.

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.

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

As a leading global provider of alternative asset and corporate business services, SANNE is pleased to announce the appointment of David Fowler to the role of Country Head − Singapore with immediate effect.

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.

Chinese common reporting standard arrives: Chinese govt receive bank account information on residents from 75 countries

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...

Emilia Strazzanti collaborates with Campari, McQueens Florist and TT Liquor for Negroni supper club experience

Like a good book, Graeflicher Park, a health and balance resort, near Dortmund in Germany, offers an interesting review of your life and health. With pulse and tongue diagnosis, there is no hiding from the eyes of the ayurvedic physician or as they say in Sanskrit, ‘Vaidya’.

In our 60 second interview series, Citywealth speaks to Alison Parry, Head of Private Wealth at Intertrust Guernsey on the challenges of working with families to achieve their goals and wishes, locating missing family members and mentoring young adults.

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.

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

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.

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.

International professional services provider, Equiom has announced the appointment of James Russell as Managing Director of Equiom Hong Kong.

The recent changes to UK immigration rules are set to ensure the UK remains a world-leading business destination. Yet, these amendments have proven contentious.

In our 60 second interview series, Citywealth speaks to Jessica May, one of the two founding partners of Peters May, about launching a family law practice and wearing many different ‘hats’.

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.

Santander UK has announced the appointment of Ben Covey as Head of Private Banking, reporting directly to Charlotte Platts, Head of Wealth.

JTC has enhanced its proposition for international private clients after being granted a trust licence in the Cayman Islands.

In January, Malta’s prime minister set out his ambitious vision to make Malta the most UK-friendly country in Europe post-Brexit, promising the 13,000 Britons already living on the island a special status and guaranteeing a warm welcome to others that might follow.

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.

As the Easter holidays approach, the idea of escaping for a mind, body and soul spring clean, ready for the warmer weather appeals. Look no further than a nurturing retreat here in the UK.

The new hires include Tom De Burgh Williams, Luke Keattch and Gary Coe adding strength to Charles Stanley’s regional presence.

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.

All in, Imperial Treasure isn‘t for the undiscerning, but if you‘re well-versed in upscale Cantonese, it‘s probably for you.

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.

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

Forsters has expanded its Family team with the lateral hire of partner Simon Blain from Penningtons Manches LLP and Matthew Brunsdon Tully from 1 Hare Court.

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.

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

Jenner & Block announced today that Julie Olenn, a prominent trusts and estates lawyer, has joined the firm’s Private Wealth practice as a partner in the Chicago office.

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.

Are you a Vata, Pitta or Kapha type? The award-winning luxury destination spa resort Ananda in the Himalayan foothills in Northern India which uses Ayurvedic Tridosha Theory shares their recommendations for diet and fitness according to your Ayurvedic type.

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.

Globally, the majority of married women defer to their husbands for long-term financial decisions despite striving for equality in other areas of their lives, according to UBS

Launching this March 2019, the Merchant of Venice’s Murano Collection will expand to include Mystic Incense and Andalusian Soul.

The CV Summit, held in the heart of the Crypto Valley, in Zug, Switzerland, has become one of the most important blockchain events in Switzerland.

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.

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.

Whether you’re looking for a luxurious business hotel, a suite within a Palace, or a boutique setting, Vienna has it all. Here you’ll find our top recommendations of where to stay, where to dine and where to host your clients for that WOW factor.

Yeni is another neo-Anatolian restaurant, but it is miles away from any other that has opened in London in the past few years due to its raw technicality and prescient innovation. In short, it‘s one of London‘s most exciting restaurants to launch this winter.

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

International professional services provider, Equiom has announced that Aidan Davin, has been promoted to the role of Chief Operating Officer (COO) for their crown dependency offices, in Jersey, Guernsey and the Isle of Man.

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.

Thesis Asset Management has hired Alice Farrer as an investment manager as part of its ambitious growth plans.

What do you do when you get awarded £453million in a divorce by the UK courts but your ex-spouse refuses to pay the settlement? That’s the scenario Tatiana Akhmedov, ex-spouse of Azerbaijani but often described as ‘Russian’ Oligarch Farkhad Akhmedov found herself in.

Jersey Finance has appointed experienced financial services professional Joe Moynihan as its new CEO.

Digital Isle of Man has announced the formation of a Blockchain Office and the launch of an Isle of Man Sandbox, established to guide blockchain businesses through current (and future) regulatory landscapes, with expert-led assistance and support.

Cora Pearl continues the legacy established by Kitty Fisher‘s. For something classy in the heart of Theatreland, there‘s not much better.

Global wealth amounted to $317trillion in 2018 with the USA remaining at the top of the wealth list with $98trillion of the pie. To find out the latest private client news, April French Furnell caught up with some key advisers and managers to get their insight on the wealthy in the largest economy.

TwinFocus has announced the launch of formal merger and acquisition and real estate advisory services for their global ultra-high net worth client bas