Arbuthnot Latham is to extend its
discretionary fund management offering to serve independent
financial advisers (IFAs), solicitors and accountants.
The launch of the service is part of the
private bank’s push to increase its current private and corporate
client base.
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The UK-based private bank said that extending
the offering to the professional adviser market will meet the
increasing demand for discretionary investment management ahead of
the Retail Distribution Review.
The bank appointed Gareth Syms, former head of
business development at Brooks Macdonald, and former Zurich
Intermediary Group business development manager Kevin Rait to
enhance the bank’s relationships with the new band of clients.
SocGen focus on legal
sector
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By GlobalDataArbuthnot Latham’s push towards a new
professional client set follows Société Générale Private
Bank’s launch of a wealth management service for legal
professionals last month.
The French bank said the service is to feature
a capital loan facility to partners in law firms alongside the
bank’s wealth management offerings, including banking, credit,
financial planning and investment services.
Société Générale hopes the new service
will allow it to establish a foothold in the rapidly growing City
of London legal sector.
