British legal and professional services firm Ince is entering the private wealth space with the launch of a fully integrated private wealth offering.
The offering is said to comprise a range of legal and wealth advisory services and solutions for high-net-worth individuals, families, business owners, and entrepreneurs in the UK and abroad.
The services include full service legal, wealth planning, fiduciary and corporate services, tax advisory and compliance, regulatory, private and family office, merchant banking, and reputation management.
Ince is rolling out its offering at a time the private wealth sector witnesses a slew of changes, including rapid consolidation, increasing risks, high fees, and changing regulatory landscape.
In top of this, the sector is gripped by uncertainties brought in by the pandemic as well as Brexit.
However, Ince claims that its capabilities in international legal and professional consulting services will enable it to help clients navigate such challenges.
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Ince global head of private wealth Nick Rucker noted: “At a time of global uncertainty and complexity, our ability to work with clients across their financial lifecycle will help to create new value and manage risk.”
According to Rucker, the firm has a team of 80 tax, legal, financial planning and wealth management experts across its offices in nine countries in Europe, the Middle East, and Asia.
Ince CEO Adrian Biles said: “Launching Ince’s private wealth offering is a natural progression to formally bring together many of the legal, consultancy and financial advisory services that we are already providing to our clients.
“This move further strengthens Ince’s position as a fully integrated legal and professional services company and demonstrates our growth plans in complementary areas as part of this.”
In May this year, law firm Fladgate rolled a family office division in London to provide professional administrative services to its private wealth clients.