Private Office. A well-run company has a clear view of the road ahead. Shouldn t a family have the same?

Transcription

1 Private Office A well-run company has a clear view of the road ahead. Shouldn t a family have the same?

2 A look inside the Princely Collections For more than 400 years, the Princes of Liechtenstein have been passionate art collectors. The Princely Collections include key works of European art stretching over five centuries and are now among the world s major private art collections. The notion of promoting fine arts for the general good enjoyed its greatest popularity during the Baroque period. The House of Liechtenstein has pursued this ideal consistently down the generations. We make deliberate use of the works of art in the Princely Collections to accompany what we do. For us, they embody those values that form the basis for a successful partnership with our clients: a long-term focus, skill and reliability. Cover image: Peter Fendi, detail from The song of the bell Hail Mary, 1833 LIECHTENSTEIN. The Princely Collections, Vaduz Vienna

3 Contents 4 Welcome to LGT Vestra Private Office 5 About us 6 Our philosophy 8 Portfolio management 9 Family Office services 10 Business and illiquid assets 11 Wealth planning

4 4 Welcome to LGT Vestra Private Office Welcome to LGT Vestra Private Office. We are a multi-disciplinary team enabling clients with complex needs to outsource their Family Office activities. The depth and breadth of the service delivered by our experienced team, ensures we go beyond investment decisions to address the full range of your family s requirements. We are part of one of the few family owned global wealth management firms. Founded in 2008, we are a UK-based partnership between LGT, wholly owned by the Princely Family of Liechtenstein, and the executive partners of LGT Vestra. Our private ownership enables us to take a long-term approach to business decisions, whilst our business structure ensures we are able to maintain a personalised relationship with you. Our values as a team are shaped and defined by our cornerstones; stability, trust, flexibility, expertise and commitment. Empowering you to realise your unique aspirations is the objective of our relationship. Yours sincerely, Nataša Williams Partner and Head of Private Office, LGT Vestra

5 5 About us Our Private Office delivers a fully outsourced Family Office service to go beyond investment decisions and address the full range of your family s needs. Made up of professionals with wide-ranging backgrounds from accounting to investment banking and law, our team offers a genuinely holistic and highly distinctive service. Think of us as an outsourced Family Office, one that is fully dedicated to serving you and the people you most care about. We believe and experience confirms this that offering a service in the round relieves the burden on family members dealing with issues as diverse as investment and legacy planning. We help add structure and clarity to family affairs, when often the fact that there are several stakeholders with divergent interests and priorities leads to overwhelming confusion and complexity. As ever, our team works collaboratively with each other and with you to bring decades of experience to bear across the four key areas of our service: Family Office services, investing, illiquid assets and wealth planning. We present you with honest, actionable advice to help you both deal with the day-to-day and plan with confidence for the long term. We also recognise the globalisation of our client base and the need to support and simplify the complexities of multi-national and multi-generational wealth. We therefore work with trusted partners across a range of specialisms, and are well versed in collaborating with our clients existing advisers.

6 6 Our philosophy Our focus is on ensuring we meet and exceed your expectations. We provide a cost effective and flexible alternative to you maintaining your own Family Office. Integrity runs through everything we do. We continuously strive to reduce the opaqueness of the investment industry. We believe that many overly complex investments rarely deliver positive outcomes for clients. We work hard to ensure we deliver our services in a clear, simple and transparent manner. We do this in four key areas, shown opposite:

7 7 Key areas of focus Investment strategy Discretionary Advisory Portfolios for US Nexus clients* Consolidated reporting Project management Portfolio analytics Liquidity planning Next generation engagement Portfolio management Family Office services Wealth planning Business and illiquid assets UK planning Inter-jurisdictional planning Cross-generational planning Advising entrepreneurs on strategic options and exit Access to private deals Private equity Debt raising * These services are provided by our specialist subsidiary, LGT Vestra US.

8 8 Portfolio management Portfolio management Investment strategy Discretionary Advisory Portfolios for US Nexus clients* We take account of our clients existing investments, non-financial assets and long-term objectives whilst always remembering that not all inputs are quantifiable. The better we understand you, the better we can deliver your objectives. In doing so, we bring institutional capability and process to a private client environment which we know delivers better results in the long term. Our core principles: We tailor all our portfolios based on the unique requirements and preferences of our clients. All accounts are segregated and can be invested on a multi or single-asset basis. We provide institutional capability and process to a private client environment. We invest globally, using both traditional and alternative investments across a range of currencies, directly and through funds. We are impartial and aligned with our clients interests. We aim to provide strong and consistent risk adjusted returns over the medium and longer term, all with a focus on capital preservation and stringent risk reduction. * These services are provided by our specialist subsidiary, LGT Vestra US.

9 9 Family Office services Consolidated reporting Project management Portfolio analytics Liquidity planning Next generation engagement Family Office services Our Family Office services encompass a family s entire wealth. We work with holding structures, illiquid investments and privately held businesses, while paying particular attention to overall long-term wealth strategy and family dynamics. We facilitate both intermittent and ongoing planning across a range of areas. These key areas include: Consolidated reporting across all in-house and third party investment portfolios as well as illiquid assets such as property and art. Cash flow and balance sheet modelling to outline future scenarios and liquidity requirements. The preservation and transfer of wealth; working on your legacy and educating the next generation. Coordination of advisers and project management.

10 10 Business and illiquid assets Advising entrepreneurs on strategic options and exit Access to private deals Private equity Debt raising Business and illiquid assets Advising business owners and entrepreneurs As entrepreneurs ourselves, we understand the support business owners require and are ideally placed to provide our expertise to our clients throughout their own entrepreneurial journey. We endeavour to impress the importance of personal planning and family considerations from the outset of business development to ensure exit is strategically optimised for the individual as well as their business. Illiquid assets We work with large, sophisticated and global clients and their investment needs increasingly span far beyond traditional investment markets. We facilitate: Access to private deals; sourcing and introducing opportunities in private growth companies across sectors, directly to individually selected investors of relevance. Private equity; a bespoke offering of both blue chip and niche specialist funds. Debt raising; helping you or your business access debt capital, however niche, by accessing mainstream and alternative lenders.

11 11 Wealth planning Wealth planning UK planning Inter-jurisdictional planning Cross-generational planning The structuring of your assets, taking into account your immediate and future family needs and goals, underpins everything we do, in tandem with the investment of your assets. We advise clients and associated companies, partnerships and trusts that are resident and/or domiciled in the UK, as well as truly international families. We believe, from experience, that planning how to invest optimally is best done earlier rather than later. Our team includes two STEP* Diploma qualified experts who can advise on both local and international issues, always taking the long-term view and integrating the investment management of the assets. Whilst we do not provide formal tax advice, we are well versed in assisting our clients in this area and can work closely with existing advisers or introduce our trusted partners. Our service includes advice in the following areas: retirement planning and pension aggregation, life assurance, inheritance tax planning and devolving wealth to future generations, providing for school fees, crossborder planning for international families. * The Society of Trust and Estate Practioners

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13 Friedrich von Amerling, detail from Portrait of Princess Marie Franziska von Liechtenstein ( ) at the age of two, 1836

14 14 Important information LGT Vestra LLP is authorised and regulated by the Financial Conduct Authority. Our regulation details are set out in the FCA register: Firm Reference No: ; Registered in England and Wales: OC Registered office: 14 Cornhill, London, EC3V 3NR. LGT Vestra (Jersey) Limited is incorporated in Jersey and is regulated by the Jersey Financial Services Commission in the conduct of Investment Business. LGT Vestra US Limited ( LGT Vestra US ) is a registered Company in England & Wales, registered number Registered Office: 14 Cornhill, London, EC3V 3NR. LGT Vestra US is authorised and regulated by the Financial Conduct Authority in the United Kingdom and is a Registered Investment Adviser with the Securities & Exchange Commission in the United States. This publication is marketing material. It is for information purposes only. Certain services described herein are not available to retail clients as defined by the FCA or the JFSC, as applicable; please speak to your investment adviser for further clarification in this regard. The wording contained in this document is not to be construed as an offer, advice, invitation or solicitation to enter into any financial obligation, activity or promotion of any kind. You are recommended to seek advice concerning suitability from your investment adviser. Any information herein is given in good faith, but is subject to change without notice and may not be accurate and complete for your purposes. This document is not intended for distribution to, or use by, any individual or entities in any jurisdiction where such distribution would be contrary to the laws of that jurisdiction or subject any LGT Vestra entity to any registration requirements. When we provide investment advice it is on the basis of a restricted approach that is to say, whilst we review and advise on retail investment products from the whole of the investment market and can also advise on direct investments, we will not consider your wider financial planning and pension requirements. Investors should be aware that past performance is not an indication of future performance, the value of investments and the income derived from them may fluctuate and you may not receive back the amount you originally invested.

15 Empowering you to realise your unique aspirations is the objective of our relationship. Nataša Williams, Partner and Head of Private Office, LGT Vestra

16 LGT Vestra LLP 14 Cornhill, London, EC3V 3NR Phone +44 (0) , VALUES WORTH SHARING LGT Vestra LLP 15 Queen Square, Bristol, BS1 4NP Phone +44 (0) , LGT Vestra (Jersey) Limited Charles Bisson House, New Street, St. Helier, Jersey, JE2 3TE Phone +44 (0) , LGT Vestra US Limited 14 Cornhill, London, EC3V 3NR Phone +44 (0) , T PP