Fund and coporate service provider JTC has launched its own private office, as it looks to capitalise on its relationships with the next generation of very wealthy families.
JTC Private Office launched in London this week and will provide financial and other "holistic" services. JTC said the office would draw on its network of partners, and aim to bring together all aspects of wealth and lifestyle planning.
Clients will receive access to ‘Edge’, an online platform that can securely store documents, consolidate investment portfolios and provide an overview of investment structures, allowing each family to easily see and manage everything in one place.
Nigel Le Quesne, chief executive commented: “JTC has earned a formidable reputation in the private wealth space over the past three decades and JTC Private Office is the next stage in our evolution. By harnessing the expertise of our global team, working with trusted partners and bringing some cutting-edge innovations to the family office space, JTC Private Office can help cement our position as a market leader.”
Iain Johns, group head of private wealth services at JTC, added: “There’s no doubt that time is the new currency for families and understanding that is really what has driven the development of JTC Private Office. A family office today needs to be more than just a financial services provider.”