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Withers launches strategic wealth planning firm
by Dylan Lobo on Feb 20, 2013 at 14:35
Withers has launched a business designed to help families and entrepreneurs manage their wealth.
Wither Consulting Group (WCG), will look to provide innovative wealth services to family offices, complex family enterprises and entrepreneurs.
The business, which will operate independently, launches on 2 April. It will be headed by Kenneth McCracken, the co-founder of the Family Business Solutions and former Withers partner Amelia Renkert-Thomas.
WCG will look to guide entrepreneurs through the initial development of their business interests, to articulating a family’s shared purpose, or developing a comprehensive governance design.
It will employ holistic approach, addressing both the most important long term challenges that arise for the stewards of family wealth and the critical shorter term needs of entrepreneurs in the wealth creation phase.
Withers believes there is a significant need for a new kind of non-legal consultancy for families across the globe, which is why it formed the business.
Withers managing director Margaret Robertson explained in a statement. 'This is a natural business progression for us, as the law firm of choice for families and entrepreneurs. WCG will help families articulate their strategic objectives and decide what they need to do to achieve them.
'It is not about providing concierge, compliance, banking advice or managing assets. In addition, we will not be competing with multi-family offices.'
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