Julius Baer International has hired five new relationship management and wealth planning professionals as part of its regional expansion, to support clients in Scotland and provide local access to Julius Baer’s unique solutions.
The new office opening in Q2 of this year, will be located at One Lochrin Square in Edinburgh and will be headed by Gordon Scott, who is team head, responsible for Scotland, Northern Ireland and the North West of England.
The five new hires include, Ross Clephane, Paul Turnbull, Alan Colquhoun, James Osborne and Stuart Paterson, all who join from Barclays Wealth and Investment Management.
Mr Clephane spent 10 years as a private banker at Barclays. He has experience advising a diverse group of clients specialising in investment management, wealth structuring and credit related advice.
Mr Turnbull is a chartered financial planner with over 17 years’ experience advising private clients specialising in retirement, succession and tax planning. Mr Turnbull spent nine years as a wealth adviser, prior to joining Julius Baer.
Mr Colquhoun spent six years looking after a range of private clients including entrepreneurs, executives and professionals. Prior to Barclays, Mr Colquhoun spent four years with Coutts and Co in London, as part of the International client group.
Mr Osbourne was previously a director at Barclays. He has particular expertise in tax planning and interests include agriculture, estates and asset management.
Mr Paterson is a director spent 16 years at Barclays. In his new role, he will specialise in serving entrepreneurs, high net worth individuals, families, trusts and companies.
David Durlacher, chief executive, Julius Baer International, said: “Establishing a presence in Scotland provides our clients with unrivalled local knowledge combined with a global perspective and a unique pure-play offering. This move represents the next step in our long-term commitment to serving and growing our presence in the UK and Irish markets.”
The opening of Julius Baer International’s Scotland office follows its commitment to make substantial investment in the UK and Ireland, through new office openings in Manchester, Leeds and Dublin, and 20 new hires over recent months, including Calum Brewster as head of UK Regional Offices in January 2018.