FANews
FANews
RELATED CATEGORIES

Stonehage Fleming announces completion of acquisition of Private Client Services Business of Maitland

01 February 2022 Stonehage Fleming
Chris Merry, Stonehage Fleming Group CEO

Chris Merry, Stonehage Fleming Group CEO

Stonehage Fleming (“Stonehage Fleming” or “the Group”), the leading independently owned international Multi Family Office, today announces the completion of its acquisition of the Private Client Services business of Maitland, a privately owned global advisory, administration and family office firm. The transaction was announced on 21 July 2021.

Maitland’s Private Client Services business is now part of Stonehage Fleming, bringing legal, fiduciary, corporate and investment management services in 9 locations internationally. The transaction adds £1bn of AUM and £15bn of AUA, taking Stonehage Fleming’s AUM to over £16bn and AUA to over £60bn.

Chris Merry, Stonehage Fleming Group CEO commented: “We are excited to welcome the Maitland Private Client Services team and their clients to Stonehage Fleming. Making selected acquisitions to enhance our proposition alongside organic growth is part of our strategic plan; we will continue to look for more opportunities to complement our existing business and bring our differentiated and comprehensive offering to new clients.”

Quick Polls

QUESTION

The shocking crime and motor vehicle accident statistics shared during a recent SHA presentation suggests that group personal accident and personal accident cover are a no-brainer. Do you agree?

ANSWER

Yes
No
Not sure
fanews magazine
FAnews April 2024 Get the latest issue of FAnews

This month's headlines

FAIS Ombud lashes broker for multiple compliance blunders
TCF… a regulatory misfit initiative?
The impact of NHI on medical malpractice insurance
Fixed versus variable: can you have your cake and eat it too?
The future world of work
Subscribe now