Mishcon de Reya, a London-based an international law firm, has reportedly launched an independent private client advisory joint venture (JV) with offshore wealth planning business Opus Private.
The new venture, Mayfair Private, will deliver intelligent and discreet professional solutions to high-net-worth-individuals (HNWIs), families and their private offices, grouping together legal, trust and family office professionals as a single point of access.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The new company will provide services at Mishcon de Reya’s offices in London, Guernsey and Dubai, concentrating on family governance and family office advisory services.
Additionally the new company will also concentrate to offer services including wealth protection, philanthropic structuring, sourcing and protecting lifestyle assets and bespoke concierge services.
However, the JV will not offer investment, asset, treasury or portfolio management services.
Mishcon de Reya managing partner Kevin Gold was quoted by legalweek.com as saying, "Years of experience advising clients on their business and personal matters has helped us understand that families really are the most complex organisations in the world."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"We have a reputation of fiercely guarding our clients’ interests through the specialist legal advice we provide but we have become increasingly aware of a gap in the wider service offering for them", Gold told the publication.
"There was a pressing need for the family and private offce-related services – that traditionally fall outside of the remit of a law firm – to be professionalised. Consolidating the specialist private experience of Mishcon de Reya and Opus Private to create Mayfair Private enables us to fulfil this need," Gold added.
The law firm is also reportedly planning to relocate its headquarters at Red Lion Square to Africa House at 70 Kingsway.
