tag:blogger.com,1999:blog-10286487589273689602012-02-16T04:18:25.970-08:00A blog for the professional friends to the super richMiss Jonesnoreply@blogger.comBlogger591100tag:blogger.com,1999:blog-1028648758927368960.post-57989564930586578062008-12-16T14:13:00.000-08:002008-12-16T15:01:54.857-08:00

Citywealth is a wealth and philanthropy media company set up in October 2005. Karen Jones, the founder and Editor has spent many years gathering information about private investment and asset management; managing substantial wealth including charitable and philanthropy monies and issues around this.She understands that sometimes, even if you have lots of money, you may have worries that are

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-76802171306183425532008-12-16T14:09:00.000-08:002008-12-16T14:13:06.771-08:00

“Some of our clients have inherited wealth, others created it. What they all have in common is the need for real insights into different aspects of private wealth ownership, from first principles upward. Many also recognise that it is important to go beyond the obvious issues of understanding markets or assessing the balance between risk and reward. WealthWise™ have devised courses that include

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-91968185731564290532008-12-12T10:16:00.000-08:002008-12-12T10:18:35.676-08:00

Citywealth Magic Circle Awards 2009Date for diaries: 14th May 2009Millennium Hotel, Mayfair, London W1Citywealth publishes Global VIP leaders list selection - release January 2009Host to be confirmed is once again: Gyles BrandrethBritish ballroom themeFor the past four years the Citywealth Magic Circle Awards has brought together the leading intermediaries and advisers in the UHNW space. This

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-71106250740304660432008-10-08T12:41:00.000-07:002008-10-20T02:53:08.581-07:00

Toby Birch, who departed a role as an investment manager in a well known private bank, took up a position with the Rowland family office based in Guernsey on their breathtaking estate at Havilland Hall and also in their London office in Saville Row. Following Toby’s book, Final Crash (written under name Hugo Boleau), he found many of his views aligned with the Rowlands, particularly Jonathan

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-22368684409515994282008-10-08T12:38:00.000-07:002008-10-08T12:39:52.504-07:00

EG Buhrle art theft, Aon Artscope/Specie & Fine Art Division comment on the recent robbery.Although the recent heist of a number of paintings from a Swiss gallery ended happily with the return of the paintings, the brash move by thieves to just walk into a gallery and remove pictures left a question mark over the security of many fine art works lodged by private individuals in public spaces.

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-12691259913220325942008-10-06T12:03:00.001-07:002008-10-06T12:03:53.406-07:00

Simon Weil, who was recently spotted bidding several thousand pounds for a holiday at an FF&P charitable event for Room to Read, is planning his own charitable extravaganza at Versailles in 2010 with the aim to give proceeds to a charity nominated by the overall sponsor of the event, who is yet to be secured. Simon says of his plan “It will be La Douceur de Vivre, Versailles on Monday 31 May

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-64711015764256325612008-10-06T12:00:00.000-07:002008-10-06T12:02:18.327-07:00

Number of HNWI’s in the UK up 2% to 495,000 individuals driven by strong GDP growthThe twelfth annual Merrill Lynch Wealth report revealed that green investing has become increasingly popular with total investments in green technology up 41% to US$117bn. Nick Tucker, Market Leader for UK & Ireland, Global Wealth Management at Merrill Lynch commented: “Green investing offers investors lucrative

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-76882121428612104172008-10-06T11:59:00.000-07:002008-10-06T12:00:26.777-07:00

Julius Baer, is promoting its absolute return bond funds range to UK investors. Highlights within the range currently include the following fund: Julius Baer Absolute Return Emerging Bond Fund. Launch date 31st December 2007. The fund had an absolute return of 2.13% since launch and has outperformed three month USD Libor by 1.01%. Fund size: USD 0.1bn. Target return: three month USD Libor +3-4%

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-39417313334113659052008-10-06T11:50:00.000-07:002008-10-06T11:51:54.287-07:00

It’s always busy in the London wealth space when it comes to entertaining and never more so than in 2008. The Family Investment Office of Unigestion started off the proper summer party season, as they always do, with their annual cocktail event, which attracted the usual industry bigwigs. Daniel Martineau of Close Summit Trust Company was spotted on a hop over from Geneva; Clive Nicholson, former

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-74326188195975264462008-10-06T11:47:00.000-07:002008-10-06T12:03:02.886-07:00

Louise Stoten, a partner at Payne Hicks Beach, started life in the City in the late 80’s at the tender age of seventeen, working at a private client stock broking firm. Despite learning the business quickly and getting a good grounding in dealing with private client lawyers, she experienced some hard times at first hand. Landing in her job at the time of Black Monday, one of the worse times in

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-52988340804708705042008-10-06T11:44:00.000-07:002008-10-06T11:46:53.352-07:00

David Rigg is the founder of Project Associate, a leading UK consultancy specialising in reputation and crisis management for private individuals. He offers his pearls of wisdom for clients and banks. “Many high net worth individuals have spent a lifetime far from the public eye, and sensibly so. The have frequently built an enviable reputation amongst their friends, family and business

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-21561029124072939342008-10-06T11:41:00.000-07:002008-10-06T11:43:53.008-07:00

Brian Clarke, Director of Key Trust Company and recent winner of the STEP independent trust company of the year, gives Citywealth his views during the current difficult times. The events which lead to one outcome on Monday can lead to a different outcome on Tuesday. There is now simply too much information for any one individual or a computer to fully comprehend. There are just too many moving

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-55508454381307947722008-10-06T11:40:00.000-07:002008-10-06T11:41:22.760-07:00

Generating emotional ownership is the golden thread identified by Lombard Odier, a seven generation family business, and The Institute of Family Business, to help children successfully join established businesses and promote more longevity. The report throws to the rocks perhaps, the idea that family businesses rarely survive past two or three generations of ownership.In a forty eight page

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-72244495858678419072008-10-06T11:39:00.001-07:002008-10-06T11:39:56.309-07:00

The wealth of Asia-Pacific’s high net worth individuals (HNWIs ) increased 12.5 percent in 2007 to US$9.5 trillion.The number of HNWIs in the region grew by 8.7 percent to 2.8 million and the number of ultra high net worth individuals (Ultra-HNWIs ) jumped 16.4 percent to 20,400.Asia Pacific accounted for 27.8 percent of the world’s HNWI population in 2007 and Ultra-HNWIs accounted for 26.3

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-80306686533324284052008-10-06T11:33:00.000-07:002008-10-06T11:35:19.951-07:00

Private client law firm Boodle Hatfield has hired Karen Marks, who was a partner in the tax and private capital team at LG. Karen, who joined Boodle Hatfield on 18 August as a partner, brings expertise in international tax and trust planning and acts for trustees and beneficiaries of offshore structures. She advises clients seeking to leave or take up residence in the UK.Karen commented on her

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-75074565364096403922008-10-06T11:29:00.000-07:002008-10-06T11:32:22.567-07:00

Josh Rubenstein, Joint Managing Partner New York, Katten Muchin Rosenman LLP"My one wise phrase?  The ancient Greeks use to say, "Don't worry, you have your whole future behind you."  Their view of time was physical, because you cannot see the future, and you cannot see behind you.  The fundamentals have not changed much.  If you stick with them, everything will work out all right.  As my hiking

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-86729541132394907042008-07-31T03:24:00.000-07:002008-07-31T03:34:28.413-07:00

Citywealth events - sponsorship information - connect to the global wealth market and rich list individualsDates for diariesMonaco 8th October 2008 year two event - expected numbers 200 from mainland European countries (Luxembourg, Holland, Switzerland, Italy, Germany etc). Awards judges include: Daniel Martineau, Close Summit Trust Company, Switzerland; Etienne D’Arenberg, Mirabaud & Cie,

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-54244601253500555292008-02-16T05:54:00.000-08:002008-02-16T05:55:57.765-08:00

Candace Johnson is a telecommunications expert & media entrepreneur, dubbed the “Satellady” by the Economist in 1996 and based in Luxembourg and Sophia Antipolis, France “the Silicon Valley of Europe.” At fifty five she’s amassed achievements which have resulted in more than $15 billion in total business ventures valued and $10 million being raised for charity.She was introduced to telecoms at

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-76252318642558130932008-02-16T05:52:00.000-08:002008-02-16T05:53:25.234-08:00

Simon Rae, considered one of the elite handful of lawyers dealing with Chinese private wealth in Hong Kong, was recently recommended for the Citywealth Asian leaders list. He updates us on his view of the astronomical wealth being created in the region and his view of philanthropy from Asia.“Philanthropy is a growing area with bequests being made mainly because of the economic development of the

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-44441283171559678102008-02-16T05:49:00.000-08:002008-02-16T05:50:25.263-08:00

Valerie Austin, world renowned hypnotherapist; author of best selling books “Self Hypnosis” published by Thorsons; the original “Stop Smoking in One Hour” and inventor of the ‘Austin Technique’, which is used as an authoritative hypnotherapy method, has had a rollercoaster life, mirroring her British seaside upbringing. She was born in Blackpool, which she describes as similar to Vegas in its day

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-54182822120737490182008-02-16T05:44:00.000-08:002008-02-16T05:46:02.214-08:00

Lucille Knapp who is one of the Wealth Management EMEA management team at Northern Trust is also part of the world-wide group whose clients include twenty two percent of Forbes 400 families, who are, the richest people on the planet. Northern Trust also has US$761.4 billion under investment management and US$4.1trillion under custody, making them one of the world’s most formidable private wealth

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-2043836570252276652008-02-16T05:36:00.000-08:002008-02-16T05:38:49.901-08:00

Himanshu Kohli of ‘Team CA’ or Client Associates based in four locations in India, is one of the founders of a family office launched in May, 2002. Their offices are in Gurgaon, New Delhi, Mumbai and Bangalore. The partners in the business, Arjun Gupta and Rohit Sarin, along with Himanshu, spent many years in corporate finance, investment banking and private banking before setting up Client

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-88759081432702359282008-02-16T05:35:00.000-08:002008-02-16T05:36:03.629-08:00

Key Group, the Jersey based company, chaired by Brian Clarke, announced the launch, this week, of their Inheritors of Wealth course. The course will enrol young adults and people who come into money later in life to enable them to course learn financial and life skills. As Brian says “Its purpose is to equip them to avoid the problems of catching a wealth cold or “affluenza”. The first two

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-18891710118006558132008-02-09T14:24:00.000-08:002008-02-09T14:35:04.038-08:00

Barclays Wealth has launched a number of podcasts designed to guide international investors through financial matters and enable them to make informed decisions. The podcasts are specifically aimed at people living and working in a foreign country and aim to help them make the often daunting financial decisions they are faced with when moving to a new country.The podcasts, which can be accessed

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-74989694775388186782008-02-09T14:14:00.000-08:002008-02-09T14:20:12.495-08:00

The Artist Pension Trust® (APT), a global financial services firm dedicated to artists, have launched APT Dubai. APT Dubai is a Trust allowing emerging and mid-career artists that either work and live in the Middle East and its surrounding region including North Africa and Turkey or are of Middle Eastern descent access to APT’s financial planning program.The program, which is globally patented,

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-51709084003740298272008-02-09T13:50:00.000-08:002008-02-09T13:51:51.653-08:00

Lucille Knapp who is part of the Wealth Management EMEA management team at Northern Trust is part of the world-wide group whose clients include 22% of Forbes 400 families who are the richest people on the planet. Northern Trust also has US$761.4 billion under investment management and US$4.1trillion under custody, making them one of the world’s most formidable private wealth asset managers,

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-4408586044188357652008-02-09T13:43:00.000-08:002008-02-09T13:48:06.826-08:00

Stenham Property recently launched the Stenham Berlin Residential Fund whose focus is to acquire, refurbish and manage residential buildings in central Berlin. The fund closed with almost € 50 million of capital from investors and is likely to purchase in excess of € 175 million worth of property.Stenham, who are a renowned, top five family office in the UK, has been investing in the German

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-46797535413840015862007-12-27T14:36:00.000-08:002007-12-27T14:37:59.414-08:00

Read the article from The Christian Science Monitorhttp://www.csmonitor.com/2007/1218/p01s04-wosc.html

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-19541324101470401772007-12-19T17:04:00.000-08:002007-12-19T17:05:58.497-08:00

The fourth edition of Loeb and Loeb’s High Net Worth Family Tax Report is now available. You can read, download and print the report by clicking on the link provided here: High Net Worth Family Tax Report, Vol. 2 No. 1Articles in this issue include:· Family Limited Partnership Agreements Need to Be Reviewed· Deferred Compensation Agreements May Need to Be Amended by December 31, 2007· What

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-41058525749796909242007-12-17T02:55:00.001-08:002007-12-17T02:56:29.076-08:00

We’ve acted for seven players for the England first team and in some cases we’ve acted for their girlfriends too. Some of the results you may read about involve libel actions which end up with prominent apologies or statements in open court - many with substantial damages awarded. Others you won’t read about, if we secure an injunction in privacy, confidence, copyright or other area of law which

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-19001729569110110862007-12-17T02:53:00.000-08:002007-12-19T04:03:36.971-08:00

The thing to bear in mind is that the media needs footballers more (most of the time) than they need the media.The media in general doesn’t get access to sports stars outside the sphere of reference of their sport – for instance at post-match interviews, where the frames of reference are also quite fixed. The whale only gets harpooned when the individual comes up for air, so when, Beckham does

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-80049343460456142132007-12-14T06:26:00.000-08:002007-12-17T02:58:07.509-08:00

Footballers and soccer stars pay up to £20k a time to keep stories out of the tabloids. Why? Lucrative sponsorships worth millions sit in the balance.Whenever a World Cup is upon us, usually sane, non betting, non-football-caring folk start swilling beer by the bucket, slinking off work for ‘essential’ games and start clustering in front of TV screens to watch the deeply, glamorous football stars

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-18102981465515109302007-12-13T17:00:00.001-08:002007-12-13T17:01:02.581-08:00

Citywealth events have become legendary for attracting ‘stellar’ audiences and for providing five star comfort and entertainment for important wealth managers, advisors and rich list guests. A mix of sophistication with cultural themes, Citywealth events encourage attendees to linger, something that no other publishing and events company serving the industry has managed on such a scale. This year

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-41595426426538773672007-12-13T16:30:00.000-08:002007-12-13T16:32:07.562-08:00

Etienne Barel will join its Corporate and Investment Banking core business (CIB), with effect from January 2008, to head the newly created Private Bank Relationship Management function (PBRM) for Equities & Derivatives and Fixed Income. In this new role Etienne will become CIB’s senior representative and coordinator for the Private Bank sector throughout the world.Etienne Barel will be based in

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-91340449013142457622007-12-13T15:38:00.000-08:002007-12-13T15:42:42.398-08:00

Mark Ivener, Ivener & Fullmer is the person to know for UHNW immigration issues with substantial experience in this area. His greencardinvestor.com website gives clear information about how to make green card access easier. Mark offers a fast track route to green cards with this investment services in partnership with American Life.http://www.usworkvisa.com/http://www.greencardinvestor.com/

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-13647569899201455122007-12-13T15:28:00.000-08:002007-12-13T15:35:35.474-08:00

Family lawyers are now just one stage in attending to pre-nups or divorce say US attorneys. If a business is involved in a split, you may need a specialist employment attorney to ensure no law suits follow if one partner suddenly finds themselves out of a job on separation.Most family attorneys are highlighting more and more the need for separate counsel when planning pre-nups. They say it makes

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-30367114951869310882007-12-13T15:16:00.000-08:002007-12-13T15:23:58.082-08:00

Those who operate trust services in the wealth sector feel it is pertient to make wealthy individuals properly understand that once assets are in trust, they are effectively gone.For intermediaries or bankers, litigation can also be avoided if proper planning and understanding is built in from the start of the process, for instance when clients say: “so I can get the money back at any time?” the

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-75270241894453681842007-12-13T13:58:00.000-08:002007-12-13T14:04:16.526-08:00

In the USA you may need several pre-nups to take into account the various complexities across the different states. You may also need a team of lawyers to put a pre-nup together. Most USlawyers can master three or four jurisdictions but that is their limit.Key things to watch out for are: where to divorce. Where clients marry rarely matters but take advice about which divorce court you decide on.

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-2263690262911267842007-12-13T13:35:00.000-08:002007-12-13T13:51:26.261-08:00

Governments can seem like a crying baby – always hungry, demanding more and their food is found through taxation, which is becoming increasingly complex, especially in the USA.For USA clients worldwide taxation of assets is the norm’ which is similar only in the Philippines. California is considered to have the highest tax rates and with fifty one states with different laws, it is territory that

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-76524880091097721562007-12-11T23:59:00.000-08:002007-12-13T16:14:59.203-08:00

The noughties has become the decade of spin. Does spin always win? Or does it wear a bit thin? Here are five things you will hear at every meeting in the wealth management and advisory industry. So if you have more than £5million/$10million up to tens of billions, here are some things to look out for.1. Its all about the risk appetite of the client.Whilst this is a good thing to say, but after

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-69281658540065069252007-12-10T12:01:00.000-08:002007-12-10T13:52:13.251-08:00

Earning $27 million last year Ms. Cruz is a heads up to those who work for Wall Street firms says Regent Atlantic, a New Jersey fee only, wealth manager. Already this year they quote a record-breaking 141,442 financial jobs cut, exceeding the previous record of 116,647 jobs cut in 2001. In the past three months alone, financial job cuts totaled 73,000, or 46% more than in all of 2006. And most

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-91334544129043961952007-12-10T10:42:00.000-08:002007-12-10T10:45:46.710-08:00

Entertaining clients in the business world usually follows a simple path: champers + venue + people + repeat same every year. Clients are suitably grateful for an invite and hosts are delighted with a few red faces and slaps on the back. Business entertaining keeps the world spinning round. In the wealth management market though, you have a more challenging ultra high net worth individual to

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-12961318784387709762007-12-10T10:39:00.001-08:002007-12-10T10:40:09.298-08:00

Cobblestone is a specialist, family business, private equity consultancy based in Boston, USA. They work with wealthy families in business to help with preservation of the structure and expansion. Ninety percent of their work is international which has been the case for the last eight years. Eugene O’Malley is managing partner and says he also works with a few USA families on domestic

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-30991379982620053012007-12-10T10:36:00.000-08:002007-12-10T10:37:49.205-08:00

Although money can’t buy love the reality of modern stresses and strains are that even those planning a lifetime with a beloved partner may not get past the first year before divorcing. In a world where your children are likely to be very well educated, how does the modern parent counsel children about marriage, pre-nups, divorce and losing part of the family business perhaps to a gold digger or

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-6397731275351925152007-12-10T10:16:00.000-08:002007-12-10T10:26:14.612-08:00

Asia has been under the wealth magnifying glass for a number of years with India and China attracting the majority of press attention. Singapore and Hong Kong have also been in the spotlight, now maturing as ‘hubs’ for outer lying areas of Asia. But according to a recent survey highlighted by John Elder, Director London and International Mellon Family office Services in London, Korea has become

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-28871997864999388212007-12-10T10:04:00.001-08:002007-12-10T10:10:29.000-08:00

In my role as Editor of Citywealth magazine, I get to interview people with tens of millions about their lives, interests and book reads. Here are two that were recently put forward by individuals who have, by their own endeavours, banked multi millions.The Little Book of Common Sense Investing"The only way to guarantee your fair share of stock market returns."Six Thinking Hats by Edward de

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-1076793193012845542007-12-10T09:52:00.000-08:002007-12-10T10:12:18.559-08:00

Attending a recent wealth party in London, a lawyer asked the question "can hedge funds survive this turmoil?"The answer is resolutely yes from an industry expert. Not because they will do well in turbulent stockmarkets because they won't and not because life will continue as normal with a lack of liquidity to enable leverage, because it can't. The view was illustrated as an example. "Look at

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-26806236287142853472007-12-10T02:23:00.000-08:002007-12-10T09:52:46.210-08:00

There is a lot of interest in Asian wealth, whether Indian, China or if spreading a net wide areas like the Middle East.Conducting some research with Hong Kong, Japanese and Singapore based intermediaries, a strange anomoly has appeared. Not only is wealth in Hong Kong rising to sums as grand as $20 billion US but trust companies ,that once flourished, have all but been purchased by banks in the

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-18554474787491205642007-12-04T14:11:00.000-08:002007-12-04T14:33:29.301-08:00

Geneva, Switzerland, the home of wealth, is split by a fast flowing river (Lake Geneva) which gives the town a blustery, seaside air. The financial district is a walk away from most centrally located hotels and offers a chance for a pleasant, City walk to meet some of the most important private bankers in the world.As with all of the financial destinations, there are many myths and views the

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-38299359059253926682007-12-02T01:45:00.000-08:002007-12-02T03:19:17.078-08:00

OverviewThe family and multi family office domain is a relatively small area of the private client world but it hides fortunes of breathtaking scale. With recommendations from family office experts that fortunes exceed £250m /$500m before setting up an office, providers have a pool of 946 billion and multi billionaires (according to Forbes 2007 list) to work with. Of course many will have

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-2427537064909008372007-12-02T00:55:00.000-08:002007-12-02T01:40:30.283-08:00

Following on from the Citywealth Top 100 Americas list I spent some time in the USA over the quiet August weeks (2006), just pinging around meeting the professionals who had been recommended. Although many US names will be familiar to you – the likes of Karen Troy at RBC, Susan Harrington at Sidley Austin and Josh Rubenstein at Katten Muchin Rosenman, there may be others out of New York City who

Miss Jonesnoreply@blogger.com0tag:blogger.com,1999:blog-1028648758927368960.post-63193786465504282702007-12-01T13:05:00.000-08:002007-12-01T13:09:25.864-08:00

Alexander Scott and Marcus Gregson who are both in Chair positions at Sand Aire, a top five UK family office, are a formidable pair. Alex has an esteemed family background which combines with Marcus, who was formerly Chief Executive at HSBC’s private bank. Celebrating its ten year anniversary this year, Sand Aire decided to buck the party trend and opted for a published book. It offers advice

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Managing Director, Private Bank, UK responds. "The ones we do most business with and the best relationships we have are the big firms in this order."1. KPMG2. PWC3. Ernst & Young4. Deloittes"However there are many smaller firms that are excellent in terms of quality. I would say HW Fisher are very good. With the smaller firms we get to deal with the partner directly more often so the quality of

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Richard BransonGreat image and ambition which seems to know no bounds. He is witty too.Stuart Rose, Chief Executive, Marks & SpencerBecause he beat back Sir Philip Green and comprehensively turned around a national institution, when nobody thought he could do either.Sir Philip Green, billionaireDespite being beaten by Rose is still the King of Britains high streets. From a relatively humble

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Caroline Garnham, a partner at Lawrence Graham, has clients in such far flung places as Switzerland, South America and Singapore. She studied psychology at University before deciding to be an opera singer. She later decided to expand her horizons taking a conversion course in the law, uncertain whether a career on the stage would provide a satisfying future. This led her to Allen & Overy where

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Formula 1 racing, the super rich, a history that includes Grace Kelly, later Princess Grace, super yachts, helicopters and sunshine. Monaco residents have a charmed existence. Once known as a sleepy spot, Monaco now attracts finance entrepreneurs, famous sporting stars and is lifting its status onto the world’s financial stage.With thirty three thousand residents, in a breezy, Riviera space,

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John Carrell, who is head of the Farrer & Co tax practice in London, has been working for wealthy European families who have moved to Britain, for more than thirty years “quite discreetly” he says. John was with Stephenson Harwood for eight years before Farrer & Co and tells me there are several partners at Farrers who specialise in advising the international wealthy including Mark Bridges (

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Michael Polsky an energy tycoon from Chicago, USA but originally born in the Ukraine has been asked to pay over $180 mn to his now estranged wife Maya, who filed for divorce in 2002 after a thirty year marriage. Howard Rosenfeld, her attorney was named by Chicago Magazine as one of the Toughest Family Law Attorneys in Chicago. The pair arrived in the US with only $500 in their pockets in 1976.

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The ranks of wealthy private investors are growing. Not only that, they better understand world markets and are more active in managing their portfolios, according to the latest World Wealth Report from Merrill Lynch and Capgemini.The sector is growing faster than in recent years. The number of European individuals joining the ranks of wealthy investors rose substantially in 2006, but not as fast

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