Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Law and wealth firms team up to launch private client office

Law and wealth firms team up to launch private client office

Law firm Mishcon de Reya is the latest group to launch a UK wealth business.

Mischon, which was founded by Victor Mischon in a one-room office Brixton in 1937, has established Mayfair Private in conjunction with wealth firm Opus Private 

In a statement the firm said Mayfair Private will aim to meet the complex needs of wealthy individuals, families and their private client offices.

It will offer services ranging from family governance, family office advisory, wealth protection, philanthropic structuring, along with sourcing and protecting lifestyle assets and bespoke concierge services. The business will not offer investment, asset, treasury or portfolio management services. 

Mishcon de Reya managing partner Kevin Gold (pictured) explained why the firm is well placed to take advantage of the wealth opportunity.  

'Years of experience advising clients on their business and personal matters has helped us understand that families really are the most complex organisations in the world,' he said.  

'We have a reputation of fiercely guarding our clients' interests through the specialist legal advice we provide but we have become increasingly aware of a gap in the wider service offering for them.'

Mayfair services will offered through offices in London, Guernsey and Dubai.

The launch increases the competition in the London wealth market, which last week saw US giant Meketa Investment Group establish an investment proposition.   

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 Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Play Henderson's Hermon: how to be defensive in smaller caps

Henderson's Hermon: how to be defensive in smaller caps

Hermon, who manages the Henderson Smaller Companies trust, talks about he will tackle a 'challenging' 2016.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter