Stonehage Fleming Announces Appointment Of Group Head Of Financial Services

06 Sep 2022


Stonehage Fleming Announces Appointment Of Group Head Of Financial Services


Stonehage Fleming (“the Group”), one of the world’s leading international Family Offices, announces the appointment of Stefan Flachsmann as Group Head of Financial Services.

In this newly created role, Stefan will be responsible for managing and developing Stonehage Fleming’s financial services offering. This includes the Group’s treasury, dealing and custody platforms, the Group’s financial counterparty relationships, and relationships with the Group’s financial partners. Stefan will be based in Zurich and will report directly to Chris Merry, Group CEO.

Stefan has 27 years’ experience in investment and private banking, as well as asset and fund management, and has worked in the US, Europe, and APAC. He joins Stonehage Fleming from UBS where he was Head of Asset Servicing Europe. Stefan joined UBS in 2006 in the Investment Bank where he held various risk positions and was responsible for enhancing its operational risk framework. He was a founding member of the Asset Servicing business in UBS, which included the creation of an institutional wealth platform and solutions for UHNW and institutional clients. Prior to UBS he worked as a risk and management consultant leading global regulatory and banking programmes.

Stonehage Fleming’s Financial Services division forms the fourth pillar of business for the Group, adding to Family Office, Investment Management and Corporate, Legal & Tax Advisory Services.

Commenting on the appointment, Chris Merry, Group CEO of Stonehage Fleming, said: “It is a pleasure to welcome Stefan to Stonehage Fleming. He brings a unique range of client servicing and operational skills and has extensive process and product knowledge of the financial services industry. The combination of Stefan’s commercial and operational acumen, alongside his strategic vision, will be invaluable to the Group as we continue to support some of the world’s leading families and wealth creators across generations and geographies.”

Stefan Flachsmann said: “I am delighted to join Stonehage Fleming to manage and develop the Group’s Financial Services offering. Providing families with state-of-the-art financial solutions underpinned by high quality operational support and execution is key to enable strategic advice and planning services. These combined all help discerning clients to address the challenges of creating and preserving wealth. Stonehage Fleming is a widely respected adviser to many of the world’s leading families and wealth creators and I look forward to being part of the team.”

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT

Montfort Communications

Pippa Bailey / Isabel Garnon

E: stonehagefleming@montfort.london

T: +44 7738 912267 / +7772 207 207

NOTES TO EDITORS

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.

Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com


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Stonehage Fleming signs lease on St James’s square office

30 Mar 2022


Stonehage Fleming signs lease on St James’s square office


Stonehage Fleming, one of the world’s leading independent international multi-Family Offices, has signed a lease for their new London office at 6 St James’s Square, taking over 3 floors which will be refurbished and upgraded to allow for modern working practices. This move allows the company to consolidate its operations onto fewer floors but over a larger overall space in a manner which enhances collaboration across the many different services that the company offers to its clients. Stonehage Fleming will complete the move from their current offices in Suffolk Street, by late Summer or early Autumn 2022.

Chris Merry, Group CEO of Stonehage Fleming said:

“We are excited to move to such a prestigious London location and continue serving our UK and international clients from a larger and more modernized space. This move marks a new chapter for Stonehage Fleming, having been in Suffolk Street since 2007, and it will embrace the next period of growth.”

6 St James’s Square is owned by Pontegadea, a Spanish firm, and currently entirely let to Rio Tinto. Stonehage Fleming are sub-leasing three floors in the building from Rio Tinto until 2029. Savills acted on the transaction on behalf of Stonehage Fleming.


ENDS

MEDIA CONTACTS

Montfort Communications
stonehagefleming@montfort.london

Pippa Bailey | +44 7738 912267

Izzy Garnon | +44 7772207207

NOTES TO EDITORS

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.

Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at 1 February 2022


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Stonehage Fleming bolsters Wealth Planning team with senior hire

15 Mar 2022


Stonehage Fleming bolsters Wealth Planning team with senior hire


Stonehage Fleming, one of the world’s leading international Family Offices, announces the expansion of its Wealth Planning team with the appointment of Nick Toubkin as Director.

Nick will work closely with the existing team and assist in developing and delivering the Wealth Planning offering to the UK and international markets. He will be based in the firm’s London office and will report to Susie Hillier, Partner and Head of Wealth Planning. His appointment is effective immediately.

Nick has over 15 years’ experience in private wealth management. He joins Stonehage Fleming from Strabens Hall Ltd, where he was Senior Client Director, member of the Investment Committee and Senior Management team. He was responsible for advising ultra-high-net-worth (UHNW) and high-net-worth (HNW) international clients on investment consulting, financial planning and wealth structuring services. Prior to that, Nick was a Financial Planner and Wealth Manager at Tilney and in 2006 he began his career at Coutts, appointed to Director and Wealth Manager in 2012. Nick holds a Master of Business Administration (MBA) from IMD Business School, Switzerland.

Stonehage Fleming Wealth Planning sits within the wider Stonehage Fleming Group and provides integrated financial planning and investment advice in the UK across investments, pensions and protection.

Commenting on the appointment Susie Hillier, Head of Wealth Planning, said: “We are very pleased to welcome Nick to the Wealth Planning team. Close relationships and a deep understanding of our clients is at the heart of Stonehage Fleming’s offering. Nick’s wealth of expertise advising international UHNW and HNW individuals with complex needs makes him well suited to contribute significantly to our rapidly expanding, talented team.”

Nick Toubkin said:

“I am thrilled to join Stonehage Fleming. The firm’s depth of knowledge and experience across a range of advisory areas is unparalleled, which combined with its established pedigree and international footprint will continue to make Stonehage Fleming a firm of choice for discerning HNW and UHNW clients. It is an exciting time for me to join the company, and I’m very pleased to have the chance to contribute to the future growth of the firm.

“The needs of our clients are constantly evolving and we as advisers must be able to offer broader servicers and have a deeper understanding of the issues they may face. Stonehage Fleming’s practical wisdom that comes from years of working with similar clients means that they are uniquely positioned to service both the most complex of needs, as well as those which are straightforward. It is an exciting time for the company and it gives me great pleasure to be a part of the journey.”

ENDS



FOR FURTHER INFORMATION, PLEASE CONTACT

Montfort Communications
Pippa Bailey

stonehagefleming@montfort.london

+44 7738 912267

NOTES TO EDITORS

ABOUT STONEHAGE FLEMING

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.


Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at 1 February 2022


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Stonehage Fleming partners with Thrive Jersey to support “GROW” initiative

15 Feb 2022


Stonehage Fleming partners with Thrive Jersey to support “GROW” initiative


Stonehage Fleming is pleased to announce its partnership with Thrive Jersey to support GROW, a community-led initiative aimed at addressing multiple social issues that drive low mood and disengagement within the Jersey community.

GROW is an inclusive outdoor community project that plants, nurtures and harvests the widest array of fresh produce to be distributed to those on the island who do not have ready access to nutritional food. It provides innovative wellbeing, education and employment opportunities within an outdoor environment, whilst championing issues such as climate change, sustainable transport and community nutritional deficit. Thrive Jersey’s ethos is based on a collaborative approach to resolving community issues and in time aims to be mapped through initiatives including the United Nations Sustainable Development Goals (UN SDGs), and GROW aligns to no fewer than eleven of the seventeen goals.

According to the Jersey Statistics Unit approximately 26% of all households and 23% of individuals were in relative low income, including over half of single parent families, one in three working-age adults, one in three children and one in three pensioners1. This has a direct impact on the affordability of fresh fruit and vegetables which in turn leads to poor physical health, obesity and low self-esteem.

Guy Gilson, Partner at Stonehage Fleming said: “We are delighted to support Thrive Jersey’s GROW initiative and its mission to demonstrate how community, parishes and government can join together to implement inspiring and inclusive solutions to social issues. It is a pleasure to support such a worthy cause, and one which resonates so well with Stonehage Fleming’s social capital. We commend Andy on his vision for the welfare of those on the island.”

Andy Le Seelleur, Co-Founder of Thrive Jersey: “Jersey is facing an unprecedented crossroads in social development as a result of a number of internal and external threats including climate change, population growth, physical and mental health, Covid-19, reductions in agricultural green space and nutritional deficits within the lower socio-economic demographic. For many whose mood is low, the priority is more on surviving than thriving. GROW is an innovative project aimed at tackling Jersey’s social issues and we thank Stonehage Fleming for all their support to help influence positive change.”

1 - Jersey Statistics Unit - https://www.gov.je/Government/JerseyInFigures/EmploymentEarnings/Pages/EarningsIncomeStatistics.aspx

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT

MEDIA CONTACTS

Montfort Communications

Pippa Bailey

+44 (0)20 3770 7913

stonehagefleming@montfort.london

NOTES TO EDITORS

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.


Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD55bn) of assets and includes an investment business with more than GBP16bn (USD21bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 16 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at end of December 2021

Thrive Jersey

Thrive Jersey was formed in 2019 and became an Incorporated Association in 2021. It is a fully-inclusive collective of inspiring individuals passionate about identifying the key social issues that drive low mood and disengagement within the island, raising awareness of these issues and seeking innovative, inspirational solutions. Having adopted the United Nations Sustainable Development Goals as its overarching strategy, Thrive is able to harness the powers of a common global community passionate about positive change in a smart, innovative way. Thrive Jersey focuses on addressing the root cause of social issues rather than simply fighting the fires and achieves this by:

  • Identifying which social issues are having the largest impact on community mood and wellbeing
  • Linking with other similar community innovators around the world to identify potential solutions which have a proven track record of success
  • Harnessing inspirational, creative islanders to join together in collaborative initiatives, reducing silo thinking and operating and maximizing effectiveness.

Thrive has become a widely-recognised brand in Jersey and has played a fundamental role in the creation of the Jersey Suicide Prevention Alliance. Other pipeline initiatives include the creation of a community data portal and a centre for practical community skills development. Thrive’s founders have been responsible for successful community initiatives including Le Tournoi Charity Sports, Wetwheels Jersey and the Jersey Literary Festival. The GROW team includes the Founder of Plastic Free Jersey and The Good Jersey Life.


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Stonehage Fleming Announces Appointment Of Group Head Of Financial Services


Stonehage Fleming (“the Group”), one of the world’s leading international Family Offices, announces the appointment of Stefan Flachsmann as Group Head of Financial Services.

In this newly created role, Stefan will be responsible for managing and developing Stonehage Fleming’s financial services offering. This includes the Group’s treasury, dealing and custody platforms, the Group’s financial counterparty relationships, and relationships with the Group’s financial partners. Stefan will be based in Zurich and will report directly to Chris Merry, Group CEO.

Stefan has 27 years’ experience in investment and private banking, as well as asset and fund management, and has worked in the US, Europe, and APAC. He joins Stonehage Fleming from UBS where he was Head of Asset Servicing Europe. Stefan joined UBS in 2006 in the Investment Bank where he held various risk positions and was responsible for enhancing its operational risk framework. He was a founding member of the Asset Servicing business in UBS, which included the creation of an institutional wealth platform and solutions for UHNW and institutional clients. Prior to UBS he worked as a risk and management consultant leading global regulatory and banking programmes.

Stonehage Fleming’s Financial Services division forms the fourth pillar of business for the Group, adding to Family Office, Investment Management and Corporate, Legal & Tax Advisory Services.

Commenting on the appointment, Chris Merry, Group CEO of Stonehage Fleming, said: “It is a pleasure to welcome Stefan to Stonehage Fleming. He brings a unique range of client servicing and operational skills and has extensive process and product knowledge of the financial services industry. The combination of Stefan’s commercial and operational acumen, alongside his strategic vision, will be invaluable to the Group as we continue to support some of the world’s leading families and wealth creators across generations and geographies.”

Stefan Flachsmann said: “I am delighted to join Stonehage Fleming to manage and develop the Group’s Financial Services offering. Providing families with state-of-the-art financial solutions underpinned by high quality operational support and execution is key to enable strategic advice and planning services. These combined all help discerning clients to address the challenges of creating and preserving wealth. Stonehage Fleming is a widely respected adviser to many of the world’s leading families and wealth creators and I look forward to being part of the team.”

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT

Montfort Communications

Pippa Bailey / Isabel Garnon

E: stonehagefleming@montfort.london

T: +44 7738 912267 / +7772 207 207

NOTES TO EDITORS

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.

Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com


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Stonehage Fleming signs lease on St James’s square office


Stonehage Fleming, one of the world’s leading independent international multi-Family Offices, has signed a lease for their new London office at 6 St James’s Square, taking over 3 floors which will be refurbished and upgraded to allow for modern working practices. This move allows the company to consolidate its operations onto fewer floors but over a larger overall space in a manner which enhances collaboration across the many different services that the company offers to its clients. Stonehage Fleming will complete the move from their current offices in Suffolk Street, by late Summer or early Autumn 2022.

Chris Merry, Group CEO of Stonehage Fleming said:

“We are excited to move to such a prestigious London location and continue serving our UK and international clients from a larger and more modernized space. This move marks a new chapter for Stonehage Fleming, having been in Suffolk Street since 2007, and it will embrace the next period of growth.”

6 St James’s Square is owned by Pontegadea, a Spanish firm, and currently entirely let to Rio Tinto. Stonehage Fleming are sub-leasing three floors in the building from Rio Tinto until 2029. Savills acted on the transaction on behalf of Stonehage Fleming.


ENDS

MEDIA CONTACTS

Montfort Communications
stonehagefleming@montfort.london

Pippa Bailey | +44 7738 912267

Izzy Garnon | +44 7772207207

NOTES TO EDITORS

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.

Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at 1 February 2022


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Stonehage Fleming bolsters Wealth Planning team with senior hire


Stonehage Fleming, one of the world’s leading international Family Offices, announces the expansion of its Wealth Planning team with the appointment of Nick Toubkin as Director.

Nick will work closely with the existing team and assist in developing and delivering the Wealth Planning offering to the UK and international markets. He will be based in the firm’s London office and will report to Susie Hillier, Partner and Head of Wealth Planning. His appointment is effective immediately.

Nick has over 15 years’ experience in private wealth management. He joins Stonehage Fleming from Strabens Hall Ltd, where he was Senior Client Director, member of the Investment Committee and Senior Management team. He was responsible for advising ultra-high-net-worth (UHNW) and high-net-worth (HNW) international clients on investment consulting, financial planning and wealth structuring services. Prior to that, Nick was a Financial Planner and Wealth Manager at Tilney and in 2006 he began his career at Coutts, appointed to Director and Wealth Manager in 2012. Nick holds a Master of Business Administration (MBA) from IMD Business School, Switzerland.

Stonehage Fleming Wealth Planning sits within the wider Stonehage Fleming Group and provides integrated financial planning and investment advice in the UK across investments, pensions and protection.

Commenting on the appointment Susie Hillier, Head of Wealth Planning, said: “We are very pleased to welcome Nick to the Wealth Planning team. Close relationships and a deep understanding of our clients is at the heart of Stonehage Fleming’s offering. Nick’s wealth of expertise advising international UHNW and HNW individuals with complex needs makes him well suited to contribute significantly to our rapidly expanding, talented team.”

Nick Toubkin said:

“I am thrilled to join Stonehage Fleming. The firm’s depth of knowledge and experience across a range of advisory areas is unparalleled, which combined with its established pedigree and international footprint will continue to make Stonehage Fleming a firm of choice for discerning HNW and UHNW clients. It is an exciting time for me to join the company, and I’m very pleased to have the chance to contribute to the future growth of the firm.

“The needs of our clients are constantly evolving and we as advisers must be able to offer broader servicers and have a deeper understanding of the issues they may face. Stonehage Fleming’s practical wisdom that comes from years of working with similar clients means that they are uniquely positioned to service both the most complex of needs, as well as those which are straightforward. It is an exciting time for the company and it gives me great pleasure to be a part of the journey.”

ENDS



FOR FURTHER INFORMATION, PLEASE CONTACT

Montfort Communications
Pippa Bailey

stonehagefleming@montfort.london

+44 7738 912267

NOTES TO EDITORS

ABOUT STONEHAGE FLEMING

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.


Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at 1 February 2022


Email Copy Link


Stonehage Fleming partners with Thrive Jersey to support “GROW” initiative


Stonehage Fleming is pleased to announce its partnership with Thrive Jersey to support GROW, a community-led initiative aimed at addressing multiple social issues that drive low mood and disengagement within the Jersey community.

GROW is an inclusive outdoor community project that plants, nurtures and harvests the widest array of fresh produce to be distributed to those on the island who do not have ready access to nutritional food. It provides innovative wellbeing, education and employment opportunities within an outdoor environment, whilst championing issues such as climate change, sustainable transport and community nutritional deficit. Thrive Jersey’s ethos is based on a collaborative approach to resolving community issues and in time aims to be mapped through initiatives including the United Nations Sustainable Development Goals (UN SDGs), and GROW aligns to no fewer than eleven of the seventeen goals.

According to the Jersey Statistics Unit approximately 26% of all households and 23% of individuals were in relative low income, including over half of single parent families, one in three working-age adults, one in three children and one in three pensioners1. This has a direct impact on the affordability of fresh fruit and vegetables which in turn leads to poor physical health, obesity and low self-esteem.

Guy Gilson, Partner at Stonehage Fleming said: “We are delighted to support Thrive Jersey’s GROW initiative and its mission to demonstrate how community, parishes and government can join together to implement inspiring and inclusive solutions to social issues. It is a pleasure to support such a worthy cause, and one which resonates so well with Stonehage Fleming’s social capital. We commend Andy on his vision for the welfare of those on the island.”

Andy Le Seelleur, Co-Founder of Thrive Jersey: “Jersey is facing an unprecedented crossroads in social development as a result of a number of internal and external threats including climate change, population growth, physical and mental health, Covid-19, reductions in agricultural green space and nutritional deficits within the lower socio-economic demographic. For many whose mood is low, the priority is more on surviving than thriving. GROW is an innovative project aimed at tackling Jersey’s social issues and we thank Stonehage Fleming for all their support to help influence positive change.”

1 - Jersey Statistics Unit - https://www.gov.je/Government/JerseyInFigures/EmploymentEarnings/Pages/EarningsIncomeStatistics.aspx

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT

MEDIA CONTACTS

Montfort Communications

Pippa Bailey

+44 (0)20 3770 7913

stonehagefleming@montfort.london

NOTES TO EDITORS

Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.


Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD55bn) of assets and includes an investment business with more than GBP16bn (USD21bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 16 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at end of December 2021

Thrive Jersey

Thrive Jersey was formed in 2019 and became an Incorporated Association in 2021. It is a fully-inclusive collective of inspiring individuals passionate about identifying the key social issues that drive low mood and disengagement within the island, raising awareness of these issues and seeking innovative, inspirational solutions. Having adopted the United Nations Sustainable Development Goals as its overarching strategy, Thrive is able to harness the powers of a common global community passionate about positive change in a smart, innovative way. Thrive Jersey focuses on addressing the root cause of social issues rather than simply fighting the fires and achieves this by:

  • Identifying which social issues are having the largest impact on community mood and wellbeing
  • Linking with other similar community innovators around the world to identify potential solutions which have a proven track record of success
  • Harnessing inspirational, creative islanders to join together in collaborative initiatives, reducing silo thinking and operating and maximizing effectiveness.

Thrive has become a widely-recognised brand in Jersey and has played a fundamental role in the creation of the Jersey Suicide Prevention Alliance. Other pipeline initiatives include the creation of a community data portal and a centre for practical community skills development. Thrive’s founders have been responsible for successful community initiatives including Le Tournoi Charity Sports, Wetwheels Jersey and the Jersey Literary Festival. The GROW team includes the Founder of Plastic Free Jersey and The Good Jersey Life.


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Stonehage Fleming announces completion of acquisition of private client services business of Maitland

01 Feb 2022


Stonehage Fleming announces completion of acquisition of private client services business of Maitland


Stonehage Fleming (“Stonehage Fleming” or “the Group”), the leading independently owned international Multi Family Office, today announces the completion of its acquisition of the Private Client Services business of Maitland, a privately owned global advisory, administration and family office firm. The transaction was announced on 21 July 2021.

Maitland’s Private Client Services business is now part of Stonehage Fleming, bringing legal, fiduciary, corporate and investment management services in 9 locations internationally. The transaction adds £1bn of AUM and £15bn of AUA, taking Stonehage Fleming’s AUM to over £16bn and AUA to over £60bn.

Chris Merry, Stonehage Fleming Group CEO commented: “We are excited to welcome the Maitland Private Client Services team and their clients to Stonehage Fleming. Making selected acquisitions to enhance our proposition alongside organic growth is part of our strategic plan; we will continue to look for more opportunities to complement our existing business and bring our differentiated and comprehensive offering to new clients.”

ENDS


MEDIA CONTACTS

UK / Europe - Montfort Communications

Gay Collins/ Pippa Bailey

stonehagefleming@montfort.london

+44 7798 626282 / +44 7738 912267

South Africa - CDcom

Claire Densham / Lucie Osman

claire@cdcom.co.za / lucie@cdcom.co.za

+27 21 552 9935 / +27 21 813 6546

NOTES TO EDITORS:
Stonehage Fleming is one of the world’s leading independently owned multi- family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.

Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP60bn (USD75bn) of assets and includes an investment business with more than GBP16bn (USD20bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 900 people in 14 locations around the world. Find out more at: www.stonehagefleming.com .

Statistics as at 1 February 2022


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Stock Spotlight: Microsoft makes a play as it eyes a vision of the future

26 Jan 2022


Stock Spotlight: Microsoft makes a play as it eyes a vision of the future


Microsoft sits at the forefront of designing and utilising the "fourth industrial revolution", according to manager of the Stonehage Fleming Global Best Ideas Equity fund Gerrit Smit, who explained the company had developed a "strong service and solution culture", shifting from its earlier sales driven one.

"While the provision of solutions in artificial intelligence, cloud computing, big data, the internet of things and cyber security are the growing future business drivers, in the interim Microsoft is totally entrenched in business and people's private lives," he said.

"The group is leading the design of new technologies, which in turn support economic growth.

"To illustrate the result of its success, the share has compounded close to double digits since its peak at the end of 1999 preceding the burst of the technology bubble."

BMO GAM Sustainable UMAP range divests from Microsoft

He added that the recent deal may mark Microsoft as an early leader in the race to the metaverse, owing largely to its "complete and self-sufficient" offering in the space.

"With the low interest rate it currently earns on its cash, and the relatively fair valuation they pay, the deal can be immediately accretive to earnings on completion.

"If well managed, and we have little reason for doubt, this one plus one can add up to well over three over time."

Read full article via Investment Week.


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Stonehage Fleming nomme un responsable de l’ingenierie patrimoniale pour une fonction nouvellement creee

10 May 2021


Stonehage Fleming nomme un responsable de l’ingenierie patrimoniale pour une fonction nouvellement creee


Stonehage Fleming, l’un des plus grands Family Office indépendant au monde, annonce l’arrivée d’Hélie de Cornois au poste de Director et Head of Estate Planning.

Hélie sera rattaché au bureau de Stonehage Fleming situé au Luxembourg, et rapportera à Jacqui Cheshire, Partner et Head of Family Office en Suisse. Il accompagnera les clients et investisseurs ultra-high net worth sur des sujets d’organisation patrimoniale et de fiscalité nationale et internationale. La nomination d’Hélie à ce poste nouvellement créé est effective immédiatement.

Hélie a plus de 17 ans d’expérience dans le domaine de l’ingénierie patrimoniale. Avant de rejoindre le groupe Stonehage Fleming en 2021, il était Head of Estate Planning & International Patrimonial Services à la Banque Degroof Petercam au Luxembourg, où il avait la responsabilité du département d’ingénierie patrimoniale. Il était également en charge de la coordination des dossiers patrimoniaux internationaux pour le groupe et du développement de la Banque Privée en Europe du Sud, au Canada et au Royaume-Uni. Hélie a rejoint la Banque Degroof Petercam en 2007, où il a été notamment Head of Wealth Structuring et Head of Corporate & Strucured Finance au Luxembourg.

Hélie a commencé sa carrière en 2003, à la Banque de Gestion Privée Indosuez (maintenant CA Indosuez Wealth) à Paris, en tant qu’ingénieur patrimonial. Il est aussi membre de la Society of Trust and Estate Practitioners (STEP) et de la Luxembourg Private Equity and Venture Capital Association (LPEA).

Au sujet de cette nomination, Jacqui Cheshire, Partner et Head of Family Office en Suisse, ajoute : « L’Europe continentale est un marché clé pour nous et nous sommes donc ravis d'avoir attiré quelqu’un du calibre d’Hélie pour renforcer notre équipe au Luxembourg. Ce nouveau poste souligne notre volonté de nous développer en Europe et de continuellement compléter notre offre de services pour nos clients. Je suis heureuse d'accueillir Hélie et je me réjouis de collaborer avec lui dans les prochains mois. »

Hélie de Cornois précise : « La pandémie a incité beaucoup de gens à revoir leurs projets et leurs priorités ; elle a servi de catalyseur pour organiser leur patrimoine. C’est une tendance croissante qui m’offre l’opportunité de renforcer l’expertise existante de Stonehage Fleming. Je me réjouis de travailler avec nos familles pour les aider à identifier les solutions appropriées dans cet environnement complexe et évolutif ».

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