Share |

Multi family office Stonehage Fleming takes over UHNW adviser

One of the largest international multi family offices in Europe has bucked the trends of uncertainty and low returns by consolidating its ultra-high net worth client services with an emphasis on multigenerational planning.

One of the largest international multi family offices in Europe has bucked the trends of uncertainty and low returns by consolidating its ultra-high net worth client services with an emphasis on multigenerational planning.

Stonehage Fleming announced this week it completed its acquisition of FF&P Wealth Planning to operate as Stonehage Fleming Wealth Planning. As part of the merger, managing partner Richard Bertin (below) and colleagues Susie Hillier (left) and William Tudhope became partners of Stonehage Fleming.

Bertin said effective planning for wealth preservation and transfer “has never been more important in this low return environment.

“Our new look demonstrates the combined strength of our businesses and our shared vision of bringing the values and approach of a family office to a broader range of clients across all bands of wealth.”

FF&P Wealth Planning had already been working with Stonehage Fleming for some time, Hillier said.

“We see real opportunities for us to bring our technical planning expertise in support of their international clients where the second or third generation are settling in the UK.

“Our integrated approach enables us to provide clients with intergenerational wealth planning at every stage.”

Stonehage Fleming advises on more than $40 billion of assets and includes an investment business with more than $12 billion under management for families and charities. The group is majority owned by management and staff and employs more than 500 people in 11 offices in seven jurisdictions around the world.

Anton Sternberg, chief executive investments, said Stonehage Fleming was seeing increasing demand from clients for long-term financial planning and advice.

“We have particular experience of dealing with business owners, professionals and clients with complex affairs,” Sternberg said.

“Their wealth planning needs must be considered in the context of a wider multi-generational strategy for the family. With the combination of wealth planning, family office and investment management, we believe that we have an exceptional proposition to meet the needs of wealthy clients, both domestic and international.”


Click here >>
Close