Smith & Williamson hires Private Client Tax Partner
Smith & Williamson LLP, which is part of the Tilney Smith & Williamson group, has appointed Majid Hussain as a Partner in its Private Client Tax team.
Majid brings experience and expertise on all areas of private client tax, with a specific focus on international families with complex overseas structures, such as trusts, including those from the Middle East. Majid also has a strong focus on advising private equity executives on their fund interests.
He joins from BDO where he worked for four years as a Director in its Tax team. Majid previously spent more than six years at Deloitte.
Tom Shave, Partner and Head of London Tax at Smith & Williamson LLP, commented: “I am delighted that Majid is joining Smith & Williamson as a Partner to help drive continued growth in our private client tax practice. Majid’s appointment is one of a number of significant hires we are making as we accelerate our growth plans.”
Majid added: “I am pleased to be joining Smith & Williamson at this very exciting time. The private client market is especially buoyant and offers huge opportunities for growth. Clients are looking for advisers who can provide them with bespoke, holistic advice on all matters concerning private wealth. Smith & Williamson is perfectly placed to assist high-net-worth clients across the private wealth spectrum and I look forward to driving the business forward”.
There is a strong trend towards ‘giving back’
Melanie Ison, managing director, Nerine Group, Hong Kong, also says that Asian HNWs are less driven by tax issues and more motivated to ensure their wealth is preserved for future generations.