Wren Investment Office, the multi-family office in London, has announced that Adam Wethered is joining the company and, subject to FCA approval, will become Executive Chairman.
Wren provides strategic wealth advice, investment management and family office services to wealthy UK and international families, their family offices, endowments and charities. When Wren was established in 2016 it became the third arm of a closely cooperating international alliance consisting of Wren in the UK, WE Family Offices in the United States and MdF Family Partners in Spain. Owned by its directors, employees and alliance members, Wren intentionally has no dominant shareholder or client family, ensuring its impartiality in all clients’ affairs and independent strategic thinking on their behalf. As a professional service firm, Wren has no product, provides unbiased advice and creates unique arrangements to suit each client. Adam Wethered will be succeeding the current Chairman of Wren, Christopher Kemball, who will retire from the role but remain a non-executive director and shareholder of the company.
Adam Wethered’s career spans three decades in the family office and wealth management business, formerly a barrister and later running JP Morgan’s Private Bank and Institutional Client business in EMEA having been 24 years with the bank. He subsequently co-founded Lord North Street in 2000, one of the earliest multi-family offices in the UK. Following its sale to Sandaire in 2014, he co-founded a strategic advisory business, Owl Private Office, which has recently demerged into separate businesses. At Wren he joins a growing team, of 10 colleagues, 6 of whom co-founded Wren and were his colleagues at Lord North Street.
Welcoming the new appointment, Michael Parsons, CEO of Wren, said: “We are hugely grateful for the wisdom and guidance our outgoing Chairman, Christopher Kemball, has brought to us over the first few years of building Wren. We are indeed fortunate that he is being succeeded by Adam Wethered who is one of the most experienced veterans and pioneers in the multi-family office industry. His unparalleled and intricate knowledge of the workings of family wealth and endowments, with their multi-generational needs, will be invaluable to us.”
Adam Wethered added, “I am honoured to be invited to become Chairman of Wren and immensely pleased to be reuniting with an exceptional team that I know well. Having worked over many years with countless families and trustees as they seek the best from the investment world, I greatly look forward to helping Wren’s clients protect, grow and enjoy their wealth. The most successful families and endowments think of their wealth as an “enterprise”, and manage it like a business, with structure, strategy and measurements. Most of all, working with their advisers from other disciplines, I enjoy helping clients turn their personal objectives into a successful investment journey”.