Preserving Wealth: Keeping pace with clients’ changing needs
Client profile: A former financial services professional and tech investor.
Challenges: With considerable funds at disposal, our client required all-round support to make investments and manage his funds and properties across the world, and commitment in the long term.
Vistra services provided: From investment, real estate, trust portfolios, corporate services, marine and aviation services to the set-up of a single-family office.
This is true of a private wealth relationship that Vistra has had for more than 10 years with one particular client – a former financial services professional who realised a significant return when a tech company he had invested in was acquired in 2009.
With considerable funds at his disposal, he decided to make multiple investments – these included more tech businesses, as well as in other sectors. At the same time, another objective was to build a prime commercial and residential property portfolio, initially in London but expanding into other countries.
Alongside this, the client, a non-UK citizen also wanted to review his tax residency status.
These projects weren’t all undertaken at the same time – rather they were spread across a ten-year period, and involved considerable, detailed work on the part of Vistra, because of the sheer variety of investments undertaken during this time. Ultimately, multiple trust structures and underlying companies were created – indeed, there are currently over 100 underlying companies in the whole portfolio.
Work across these companies has been incredibly diverse and has involved banking arrangements, corporate secretarial work (including for listed companies) and considerable ad hoc support with jet charters, recruitment, financing opportunities, and yacht purchase and registration.
Vistra’s broad range of services were able to provide clear and strategic solutions to protect and grow the client’s wealth. This culminated in working with the client to establish a single Family Office which we continue to support today.
If you would like to discuss how Vistra can help you create, preserve or transfer your wealth, please contact one of your local experts:
| Location | Name and title | Phone number |
|---|---|---|
| UK | Chris Marquis Global Head of Private Wealth |
+44 203 872 7325 |
| China | Sherrie Dai Managing Director, North Asia |
+86 21 6085 6188 |
| Hong Kong SAR | Yumei Zhang Executive Director, Head of Private Wealth, Greater China |
+852 2848 7580 |
| India | Navita Yadav Managing Director, India & Mauritius |
+91 22 2659 3882 |
| India | Neeraj Aggarwal Director, Private Wealth, India |
+91 22 2659 3659 |
| United Arab Emirates | Heba Al Emara Managing Director, Middle East |
+971 4 278 3600 |
| Singapore | Chris Burton Managing Director, South East Asia |
+65 6854 8010 |
| Singapore | Christine Tan Managing Director, South East Asia |
+65 6854 8061 |
| Jersey | Clive Wright Managing Director, Jersey |
+44 1534 504560 |
| Malta | Dr. Anthony Galea Managing Director, Marine & Aviation |
+356 2258 6400 |
| Switzerland | Sascha Züger Managing Director, Switzerland |
+41 44 296 68 70 |
| UK | David Rudge Managing Director, Corporate & Private Wealth UK |
+44 203 872 7334 |
| UK | Julius Bozzino Director, Private Wealth, International |
+44 203 872 7384 |
| Cyprus | Nick Terry Managing Director, Cyprus |
+357 25 817 411 |
| Luxembourg | Joost Knabben Commercial Director, Luxembourg |
+352 422 229 530 |
| Luxembourg | Farabi Zakaria Commercial Director, Luxembourg |
+352 422 229 398 |
| USA | Raúl Markos Director, Private Wealth |
+1 305 978 1742 |
This article was written based on a current client of Vistra in the UK.
The contents of this article are intended for informational purposes only. The article should not be relied on as legal or other professional advice. Neither Vistra Group Holding S.A. nor any of its group companies, subsidiaries or affiliates accept responsibility for any loss occasioned by actions taken or refrained from as a result of reading or otherwise consuming this article. For details, read our Legal and Regulatory notice at: https://www.vistra.com/notices . Copyright © 2024 by Vistra Group Holdings SA. All Rights Reserved.
