Morgan Cole has made 2 promotions to the partnership, one of whom is James Greig.
James is head of the Firm’s Succession, Wills and Tax team in the Thames Valley. He handles all aspects of wills and tax planning for private and business clients and has a significant trusts and estates practice. James studied at King’s College London and Cambridge, and practised in London and Newbury before joining Morgan Cole’s Oxford office in 2007. He is a member of the Law Society’s Private Client Section and the Society of Trust and Estate Practitioners.
The Jersey office of offshore law firm, Appleby, has announced that Marc Guillaume has become the Jersey Head of its Private Client & Trusts Group with effect from 1 April 2014.
Marc has worked as a Jersey Advocate for over 15 years and has been at Appleby since 2009. He takes over from Naomi Rive who recently left Appleby to join Coutts in Jersey as Chief Trust Officer.
Global Head of the Private Client & Trusts sector, Carlos de Serpa Pimentel said “I am very much looking forward to working with Marc and the team under his stewardship as we continue to develop our Private Client and Trusts business in Jersey. I wish him all the best in his new role.”
Jersey Office Managing Partner, Mike Cushing, added “Private client and trusts services are an essential part of our business in Jersey and, with Marc’s support, we are looking to develop and grow our presence in this sector. This includes actively recruiting talent to further strengthen our team.”
Marc’s expertise covers both contentious and non-contentious trust law and his clients include high net worth individuals, their private offices, international private banks and trust companies. He has a wealth of experience, acting for a wide range of settlors and beneficiaries as well as for professional and individual trustees. He also has considerable knowledge in the establishment, operation and restructuring of all types of offshore arrangements for private clients.
He has contributed to a number of publications, He co-authored ‘A Foundation Stone for Continental Investors’, an article written on the then recently introduced Foundations (Jersey) Law 2009, which appeared in the October 2008 edition of The Jersey and Guernsey Law Review, and more recently has contributed articles on the development of case law on foundations and various tax issues to a number of publications including the 2014 Journal of International Tax, Trust and Corporate Planning.
Collyer Bristow LLP has announced that it has recruited experienced international private client tax specialist William Hancock from Speechly Bircham, where he has been a partner since 1999. His appointment commences on 17 March 2014.
William said “Collyer Bristow has always enjoyed a strong reputation for its international private client work and I am excited to be joining an established team at a time when the firm is looking to further expand its work in this area.”
William advises a range of wealthy individuals, trusts, private banks and family offices on the establishment and on-going administration of estate planning structures. In 2012 he was seconded to Switzerland for a period of 12 months to assist with establishing a new private client office in Zurich.
William’s work extends to multi-jurisdictional issues not only for individuals in their personal capacity but also as trustees and his work often encompasses advice to private offices, overseas banks, trust corporations, charities and not for profit organisations
Commenting on the move, John Saner, Senior Partner at Collyer Bristow said “I am delighted that William is joining the firm – he brings with him a wealth of experience that will help us to increase the breadth of services we provide to our clients in the UK and Internationally.”
Smith & Williamson has taken on a four-person private client tax team, led by Louise Somerset who joins the firm as partner.
The team, which will operate from Festival House in Jessop Avenue in the heart of Cheltenham, specialises in advising high net worth individuals and has particular experience in working with internationally mobile families, including ‘non-domiciles’, and assisting them with tax, trusts and international pension arrangements.
The team joins from RBC’s Wealth Planning Division. Louise commented on moving to Smith & Williamson:
“We are thrilled to be joining Smith & Williamson with its strong professional reputation for advice on tax and financial matters. This is an exciting opportunity for myself and the team and we look forward to developing the name of Smith & Williamson in Cheltenham, the Cotswolds and further afield, using our experience in UK and international tax matters.“
Kevin Stopps, co-chief executive of Smith & Williamson, commented:
“We are delighted that Louise, Krista and team are on board. Their appointment and skill set is firmly in line with Smith & Williamson’s commitment to meeting the financial needs of private clients and their business interests.”
Joss Dalrymple, national head of private client tax at the firm, added:
“The arrival of this heavyweight tax team is a great addition to the national tax practice. I have known Louise for some years and I am particularly pleased to be welcoming her and colleagues to Smith & Williamson.”
Operating from Cheltenham, the new team will have the full support of the wider Smith & Williamson business, particularly from the Birmingham office which has a headcount of 48 people from the investment management as well as tax and business services divisions.
Additionally, Smith & Williamson has an office in Bristol with around 180 staff and which offers a very broad range of financial advisory services under one roof, from accountancy, tax and financial planning to investment management.
Louise is a member of the Society of Trust & Estate Practitioners and Krista a member of the Chartered Institute of Taxation. Before working at RBC, Louise was a partner at PwC.
The offshore law firm Mourant Ozannes has announced that it will be hiring Jim Edmondson to lead its International Trusts & Private Client service line. The team operates in BVI, Cayman Islands, Guernsey and Jersey.
Mr Edmondson was a Senior Partner and Head of the Private Client team at Farrers until May 2013, when he gave up management responsibilities and became an consultant at the Firm.
His new role is based in London and starts this coming May. He will initially be working alongside Douglas Close, the current Head of International Trusts & Private Client, who is stepping down with effect from September 2014.
Alison Parker has resigned from Farrer & Co, where she was associate in the International Private Client group.
She has relocated to the Cayman Islands to join RBC Wealth Management as their Director of Trust Services. The international division of RBC Wealth Management serves high net worth and niche corporate and institutional clients worldwide. Within the Caribbean they have offices in the Bahamas and Barbados as well as Cayman Islands.
Herbert Smith Freehills has announced the appointment of Richard Norridge to head the Asia Private Wealth practice, effective 1 January, 2014.
With an Asia-wide practice, Richard acts for high net worth individuals, their families, private banks and other advisers on a range of trust and probate issues together with charitable and family company matters. In a number of instances this includes advising mental health committees and estate administrators. Richard also has extensive experience in acting for international banks and individuals in cases involving fraud. He is a member of the Association of Contentious Trusts and Probate Specialists and the Society of Trust and Estate Practitioners (STEP).
Since joining the firm in 2011, Richard has worked closely with Asia managing partner Mark Johnson and Hong Kong-based Head of Litigation, Gareth Thomas, to grow the private wealth practice. Following his move to Hong Kong from London, Richard has established a reputation as one of the leading specialists in his field, generating instructions from high-profile families in Hong Kong, Singapore and more widely. He is also regularly consulted by the leading private banks seeking advice in this highly specialised field.
Richard’s appointment is timely, with the Asia Pacific region now one of the fastest growing private wealth markets in the world. Capgemini and RBC Wealth Management, joint publishers of the 2013 World Wealth Report, noted that the Asia Pacific is second only to North America for the number of high net worth individuals, and is set to take first place in the near future.
Gareth Thomas commented:
“Our private wealth practice has grown significantly over the past few years, in particular as families and their advisers look to adopt more complex and sophisticated structures and an ageing population has led to more succession-related disputes. Richard has been central to these efforts and he has made a valuable contribution to developing the practice in Hong Kong and more widely across the region. His appointment reflects both Richard’s efforts and the opportunities we see for further growth.”
Mark Johnson added:
“We have acted for a number of high net worth families and advisers in Hong Kong for over 20 years. Richard’s appointment is the next step in our strategy to expand this practice, in particular in mainland China and Southeast Asia.”
Mr Eric Williams, a highly regarded Private Client Tax practitioner, has joined Mazars. He will be based in the Birmingham office.
Mr Williams has spent the last 18 years with Grant Thornton where he has specialised in tax, estate planning and wealth structuring advice for wealthy individuals, entrepreneurs and their companies. He lead the Firm’s UK private client team.
He was named in the 2012 and 2013 Private Client Practitioner list of the “50 most influential” in the Private Client Advisory field and for the last 3 years in the CityWealth Leaders List.