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Lawyer of theYear 2015Beatrice Puoti,Partner at BurgesSalmon
NewsRothschild’s UK WealthManagement appoints new CEO
Coutts & Co appoints twodirectors
Country FeaturesThe Northern Powerhouse seeswealth work on the up
Isle of Man: Government-backedwealth management march
InterviewsDerwent Campbell, Senior Partnerat Mogers Drewett Solicitors
Milena Ivanova, Founder ofMonogram Capital Management
LifestyleThe Royal Crescent Hoteland Spa in Bath
In This Issue
Citywealth is published byJones Publishing Ltd
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Letter from the Editor
Mogers Drewett Solicitors
Senior partner Derwent Campbell, fifthgeneration of Mogers Drewett Solicitors, hasbeen with the firm for over thirty years. He
talks to Suzanne Isaacs about the firm and thegrowth in value of their UHNW client base.
“You have to be preparedto look clients in the eye,even if it’s a hardconversation and beprepared to stand yourground and justify yourproposition.”Derwent Campbell, Senior Partner, Mogers Drewett Solicitors
We get straight to the point, managing complexity to get to the essentials. Every piece of work is a collaboration. We listen actively, asking the right questions, focused on what really matters. We deliver targeted, pragmatic advice with absolute clarity.
To the point.
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“The private client offering,in my view, has to meanthat you are always atthe end of the phone.”Derwent Campbell, Senior Partner, Mogers Drewett Solicitors
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Interview: Beatrice Puoti,Burges Salmon
Beatrice Puoti, partner at Burges Salmon, isranked as one of the UK legal community'sbest lawyers, and has won the Lawyer of the
Year award at the 2015 Citywealth Magic CircleAwards. She has also been included in the CitywealthLeading Lawyers Honours List 2015.
Lecturing in the UK and overseas, Beatrice specialises ininternational tax and estate planning for UK and non-UKclients and cross-border planning issues. Citywealth’s,Suzanne Isaacs caught up with Beatrice to talk about hersuccessful career.
“I do think you almost needto be a psychologist to be agood lawyer”Beatrice Puoti, Partner, Burges Salmon
Interview: Milena Ivanova,Monogram CapitalManagement
Milena Ivanova is the co-founder and CEO ofMonogram Capital Management, a boutiqueinvestment firm which she launched with
business partner Paul Marson. Both have big brandbanking names behind them. Marcela Kunova caughtup with her to talk about private clients, new trends,and being a woman in investment management.
“A business associate once said that I am like a mix of RichardBranson and Mother Teresa”Milena Ivanova, CEO, Monogram Capital Management
The Northern Powerhousesees wealth work on the up
At the start of 2015, PrimeMinister David Cameronand Chancellor George
Osborne spoke to businessleaders in Manchester to unveilsix key economic pledges toboost the North West during thenew parliament. Promising to
put Manchester at the heart of a‘Northern Powerhouse’, thepoliticians committed to creating100,000 new jobs, investing intransport, homes and schools,and devolving more power tomake residents better off.
“We are veryfortunate in havinggreat universitiesand Media Cityhere drivinginnovation.”Michelle Duncalf,Private Banker, Arbuthnot Latham & Co
Manchester isnow the most
popular place forforeign directinvestment
outside London
“People we dealwith are worried lessabout mitigatingwealth”Rebecca Durrant, Partner, Crowe Clark Whitehill
“The economicpicture post-electionis looking positive,and clearly theNorth West iswell positioned toprosper. ”Dylan Williams, Managing Director, London,North and Ireland Department,Coutts
“We havesignificantly raisedour profile in the lastfew years, and we areattracting more workfrom high-net-worthindividuals”Ros Bever, Head at Irwin Mitchell
Isle of Man:Government-backedwealth management march
The Isle of Man beganfocusing on its wealthmanagement business in
the 1980s, and as such its trustindustry still catching up withJersey and Guernsey. Because ofits geographical position, theisland’s wealth sector grew on the
back of and continues to benefitfrom the wealthy from the northof England, but governmentsupport for initiatives to attracthigh-net-worth individuals has ledto significant diversification.
“If you have a high-value non-domiciledfamily living in the UK,they see the Isle ofMan as a good placeto register their jet.”Paul Swindale, Senior Trust Manager, Abacus
In onlyeight years theregistry has
grown to be thelargest dedicatedcorporate jetregister in Europe
“The close workingrelationship betweenthe private sector andgovernment has beena factor in the Isle ofMan’s success.”Sean Dowling, Managing Partner, Appleby
The island hasalso developeda reputationfor stayingnimble in the
development ofits trusts laws
“The reality of theIsle of Man is betterthan the perception”John Greenwood, CEO, Creechurch Capital
Daniel MartineauExecutive Chairman
Stella Mitchell-VoisinManaging Director
Clare Usher-WilsonDirector, Family Office Services
Robin Lee-SmithGeneral Counsel
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Summit Trust International brings a combination of financial and management stability which enables it to provide continuity in personal relationships and the orderly passing of family wealth for high net worth individuals who require offshore trust and company management services.
Summit Trust International in Switzerland is characterised by specialisation, professionalism and integrity. Because Summit Trust International is committed to an independent trust administration policy, it is free to work with your existing financial advisers, lawyers, bankers and asset managers, or introduce you to suitable advisers if you do not yet have your preferred team.
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News
Equiom - Heather Bestwick, non-executive director Equiom Guensey Ltd and RichardTribe, group business development direcor
News
Sophie Ebanks, CIO Deutsche BankCayman Islands
New Quadrant Partners, SophieBrandram promoted to senior associate
News
Walker Crips, Alison Pickup, seniorinvestment portfolio manager
www.penningtons.co.uk
PROVIDING ACCESS TO EXCELLENCE
To find out more about our full range of expertise for UK and overseas based private clients, please call 020 7457 3000, e-mail [email protected] or visit us online.
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Wills and trusts
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Although Bath is perhapsone of the greatestexamples of magnificent,
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the people of Bath take suchpride in its beautifully preservedcondition, or that it is just simplya wonderful place to visit.Somehow, it renews your faith ineverything that is good aboutour heritage.
The Royal CrescentHotel and Spa in Bath
Tomorrow Club
Citywealthmag.com Citywealth magazine, June 2015 • 36
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Tomorrow Club:Mentoring, networkingand awards annuallunchMonday 21 September 201512.00 – 15.00, London
Topic:The working lunch will provide peer networkingfor UHNW client referral and mandates. We willcover business development success, emotionalintelligence and learning about EI and its effect onclients and improving your communication to aidbusiness development success. We will alsoreview coaching and mentoring in order toenhance and develop careers in wealthmanagement. We review the skills young menand women will need to succeed.
There will be three awards presented at thelunch. The link below will take you to the onlinevoting form:
For all queries, contact Lina [email protected] T: +44 207 487 5858
Cost:Early bird 30th June: £250+ VAT, afterwards£295 + VAT for Tomorrow Club Members(Tomorrow Club Members can bring up to3 guests at this pricing)
Non Members: Early bird 30th June £295 + VAT,afterwards £325 +VAT
CPD points available
Vote Now