News

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.

Citywealth spoke to Mark Pearce, partner in Gateley’s private wealth team, about clients’ concerns for privacy, mental health and doing what you love.

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.

A Contemporary Interpretation of the Classic London Mews House

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

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

Babynups, an agreement between future parents about the division of childcare responsibilities, have recently come into prominence. With two new babies in the Citywealth ‘family’ it seemed a pertinent time to understand the options.

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.

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

Sit back and relax whilst iChauffeur take you on a ten-day tour of the very best of the UK.

This winter treat yourself and your loved ones to an exclusive stay in a Swiss chalet or deluxe hotel, with activities to impress all the family from Michelin-starred dining under the winter sky to a winter cruise on Lake Geneva.

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.

Leaders of two of New York’s foremost matrimonial law practices have reunited to create a boutique law firm advising clients, including celebrities and high-net-worth individuals, on all aspects of family law.

Accuro has appointed Mustafa Hussain to the Board of Directors of Accuro Holdings UK Limited and Jonathan McKay has been appointed to the Board of Directors of Accuro Trust (Switzerland) SA.

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.

Sancus BMS Group, the niche asset backed alternative lender, has announced that Bob Rowbotham has joined their team in London as Director of Business Development.

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

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

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

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.

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

Submissions are now open for the 2019 ranking. The deadline is 1 November 2019.

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.

Close Brothers Asset Management (CBAM) has appointed Alastair Wilson to the role of Managing Director.

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.

Dolfin, an independent and agile wealth management platform, has appointed Richard Webb as Head of Technology

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.

David Savage has joined Stewarts as a partner from SG Kleinwort Hambros Bank where he was the Group Senior Sanctions Officer.

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.

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.

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.

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.

Citywealth’s April French Furnell speaks to Alice Asquith, the founder and creative director behind the ethical activewear brand Asquith. Alice shares the importance of ‘trusting your gut instinct’, women supporting each other and her next challenge: launching in the US.

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.

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

Intertrust is pleased to announce the appointment of Patrick O’Brien as Global Head of Funds.

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.

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.

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.

Citywealth spoke to Richard Prosser of Estera, a group director based in Jersey with overall responsibility for the group’s global trust services offering, to discuss Estera’s leadership approach, balancing technology with people, and his passion for the next generation and philanthropy.

The Jersey government’s recent introduction of International Savings Plans (ISPs) is just the latest sign of the growing importance to the island of clients originating from the Middle East.

A major survey of work by the acclaimed British artist Johnnie Cooper will take place at Saatchi Gallery, London, opening 19 April 2019.

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.

McDermott Will & Emery today announced the growth of the firm’s West Coast Private Client bench with the arrival of partner Elizabeth Glasgow in the Los Angeles office.

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.

Fears of an exodus of assets and wealthy individuals from Gibraltar when the British overseas territory exits the EU along with the rest of the UK in 2019 have proved unfounded, as a massive uptick in the Rock’s blockchain business has continued to attract newcomers.

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.

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.

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.

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.

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.

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.

Last month a hybrid-powered Ferrari, LaFerrari Aperta, the removable roof variant of the Italian supercar built to celebrate its 70th anniversary, came up for sale at more than triple its reported original list price.

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.

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

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.

Owning a private jet remains one of the ultimate signs of wealth portraying that “lifestyle of the rich and famous,” yet is becoming more accessible with the rise of fractional ownership and membership programmes, as the industry attracts a younger clientele.

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.

ilapothecary has added two new feel-good products to their signature ‘Beat the Blues’ collection - a therapeutic, mood balancing, uplifting and happiness inducing blend.

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

Public interest in wealth management and estate planning has remained at an all-time high following the Panama and Paradise Papers which saw confidential financial documents revealed to the public on front page headlines around the world.

Franck Muller recently welcomed more than 2,500 guests to its Geneva estate, at the heart of the Watchland site, for the 29th edition of the World Presentation of Haute Horlogerie, from January 14th to 18th.

Thorntons Investments has appointed Nick Sheppard as Senior Business Development Manager.

One of the defining features of today’s billionaires is entrepreneurship, and in the same way that tech and retail entrepreneurs have disrupted the status quo to scale businesses, they are bringing their calculated know-how to philanthropy.

Kleinwort Hambros has today announced that Christophe Huchet has been appointed Chief Executive Officer of SG Kleinwort Hambros (Channel Islands) Ltd, with immediate effect.

In our 60 second interview series, Citywealth speaks to Annabel Bosman, head of relationship management for Julius Baer International about the changing face of clients and the importance of patience.

Law firm Irwin Mitchell Private Wealth has recruited Toby Hales as a partner to its London family and divorce law team from Seddons.

Vistra has announced the appointment of Clive Wright as Managing Director of Vistra Jersey and Jane Pearce as Managing Director of the United Kingdom, Ireland and Channel Islands

SANNE has opened a new office in Tokyo, Japan and appointed Mark Bennett as country head of SANNE’s Japanese business.

Penningtons Manches has hired private client partner Ryan Myint to its private wealth group.

Quilter Cheviot’s Liverpool office is passing on the baton as Simon Walker hands Head of Office leadership responsibilities to Nigel Hibbert.

SANNE, a global provider of alternative asset and corporate services, has announced the opening of a new office in Amsterdam.

There’s no denying the uptick in divorce inquiries from married couples that happens in January. Here is our review of 2018 and headline cases and what it will mean for those contemplating the D word.

Join Urbanologie for FREE with City Wealth.

Luxury hotel brand InterContinental Hotels & Resorts has partnered with London-based artist Alexander Hall, also known as Haut de Gamme, to create a bespoke art installation to commemorate its 200 destinations.

As thoughts turn to Christmas and the New Year ahead, we asked the wealth management industry what their thoughts are for 2019.