Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Bedrock launches family office

Private client manager Bedrock has launched a family office. 

Bedrock, which has offices in Switzerland and the UK, was established in 2004 by Maurice Ephrati, David Joory, Alexandre Koifman and Ariel Arazi to provide both discretionary management and advisory solutions to its clients.

Bedrock said the decision to launch the family office is in response to growing demand from high net worth (HNW) families who find it increasingly cost efficient to outsource the management of their non-investment related personal affairs.

An executive committee comprised of existing Bedrock senior professionals has been set up to oversee the Bedrock Family Office. This comprises Koifman and Ephrati alongside its chief financial officer, Jerome Zanus-Fortes and chief operating officer, Keyvan Khosrovshahi, who will be in charge of the day-to-day running of the business.

Ephrati said, “The set up of a family office activity is a natural progression to our existing offering. Our extensive experience and exposure to the needs of HNW families gives Bedrock an intimate understanding and proven track record of managing clients' complex private investment and administration concerns.

This next phase in our considered strategy for growth will help us cement our position as 'trusted advisors of choice' for HNW families around the globe."

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Neil Gregson: gold is prettiest in ugly contest

Neil Gregson: gold is prettiest in ugly contest

The JP Morgan Natural Resource fund manager talks about the prospects for gold with plenty of uncertainty in the global economy.

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter