Stonehage Fleming hires 30-year RBC Wealth veteran
McMullen said: ‘We are pleased to welcome Mike to Stonehage Fleming. He has an impressive track record of private client experience and his insights will add to our distinctive integrated wealth proposition.
‘Mike’s appointment demonstrates our commitment to further enhancing and expanding the geographic reach of our service offering as we strive to lead the industry as a truly international family office.’
The appointment comes after Stonehage acquired FF&P Wealth Planning for an undisclosed sum last month. Read more via Citywire Wealth Manager
Stonehage Fleming Hires RBC Wealth Management Veteran
Stonehage Fleming, one of the world’s leading independently owned family offices, announces the appointment of Mike Moodie, formerly Vice President & Managing Director at RBC Wealth Management, as a Consultant and Board Member of Stonehage Fleming US LLC.
Mike has had a long and successful track record as a senior executive in the wealth management industry. Having joined RBC in 1985, Mike’s global career has seen him hold a number of senior leadership positions based in Canada, the Caribbean, USA and the UK, where he was responsible for leading integrated wealth management businesses focusing on RBC’s international HNW and UHNW clients. Based in the USA from 2003 – 2010, Mike led the expansion of RBC’s international wealth management offices across the USA as Head of the America’s region. After relocating to London, between 2010 and 2013, under Mike’s leadership as Head of Wealth Management UK, the business grew significantly and achieved industry recognition as a leading international private bank in the UK in 2013. Mike remained in the UK as an executive member of the Office of the Deputy Chairman International for RBC Wealth Management until his retirement in 2015.
Mike will start his new role based in Toronto in November 2016. He will report to Mark McMullen, CEO of Family Office at Stonehage Fleming.
Commenting on the appointment, Mark McMullen of Stonehage Fleming, said: “We are pleased to welcome Mike to Stonehage Fleming. He has an impressive track record of private client experience and his insights will add to our distinctive integrated wealth proposition. Mike’s appointment demonstrates our commitment to further enhancing and expanding the geographic reach of our service offering as we strive to lead the industry as a truly international family office.”
Mike Moodie said: “Stonehage Fleming already possesses an impressive client base and a multi award winning proposition. My experience of leading RBC into new global markets aligns very well with Stonehage Fleming’s strategic plan and I am looking forward to working with the team and being part of the next stage of Stonehage Fleming’s growth.”
ENDS
NOTES TO EDITORS ABOUT STONEHAGE FLEMING
Stonehage Fleming is one of the world’s leading independently owned family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration. Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to over 250 families of wealth. The Group advises on over $40 billion of assets and includes an investment business with more than $12 billion under management for families and charities. Stonehage Fleming is majority owned by management and staff. The Group employs over 500 people in 11 offices in 7 jurisdictions around the world.
Stonehage Fleming win Spears Award
The Spear’s Wealth Management Award event honours entrepreneurs, philanthropists and others for their innovation, success and outstanding contribution to the wealth management world. Shortlists are based on the work of the Spear’s Research Unit and winners are selected by highly qualified, independent judges.
We are also very proud to announce that Michael Maslinski received the 2016 Spear’s Lifetime Achievement Award. Michael has been a Partner and strategic adviser to the firm for well over a decade. His dedication and depth of knowledge have helped us to position Stonehage Fleming as a pioneering firm within the wealth management industry, and to redefine the Family Office space. Through his consultancy Maslinski & Co he has brought his experience to the benefit of many other firms, also serving as a judge for many years for the prestigious PAM Awards.
We are really delighted that he has been recognised for his contribution to the Wealth Management industry as a whole.
Stonehage Fleming hires 30-year RBC Wealth veteran
McMullen said: ‘We are pleased to welcome Mike to Stonehage Fleming. He has an impressive track record of private client experience and his insights will add to our distinctive integrated wealth proposition.
‘Mike’s appointment demonstrates our commitment to further enhancing and expanding the geographic reach of our service offering as we strive to lead the industry as a truly international family office.’
The appointment comes after Stonehage acquired FF&P Wealth Planning for an undisclosed sum last month. Read more via Citywire Wealth Manager
Stonehage Fleming Hires RBC Wealth Management Veteran
Stonehage Fleming, one of the world’s leading independently owned family offices, announces the appointment of Mike Moodie, formerly Vice President & Managing Director at RBC Wealth Management, as a Consultant and Board Member of Stonehage Fleming US LLC.
Mike has had a long and successful track record as a senior executive in the wealth management industry. Having joined RBC in 1985, Mike’s global career has seen him hold a number of senior leadership positions based in Canada, the Caribbean, USA and the UK, where he was responsible for leading integrated wealth management businesses focusing on RBC’s international HNW and UHNW clients. Based in the USA from 2003 – 2010, Mike led the expansion of RBC’s international wealth management offices across the USA as Head of the America’s region. After relocating to London, between 2010 and 2013, under Mike’s leadership as Head of Wealth Management UK, the business grew significantly and achieved industry recognition as a leading international private bank in the UK in 2013. Mike remained in the UK as an executive member of the Office of the Deputy Chairman International for RBC Wealth Management until his retirement in 2015.
Mike will start his new role based in Toronto in November 2016. He will report to Mark McMullen, CEO of Family Office at Stonehage Fleming.
Commenting on the appointment, Mark McMullen of Stonehage Fleming, said: “We are pleased to welcome Mike to Stonehage Fleming. He has an impressive track record of private client experience and his insights will add to our distinctive integrated wealth proposition. Mike’s appointment demonstrates our commitment to further enhancing and expanding the geographic reach of our service offering as we strive to lead the industry as a truly international family office.”
Mike Moodie said: “Stonehage Fleming already possesses an impressive client base and a multi award winning proposition. My experience of leading RBC into new global markets aligns very well with Stonehage Fleming’s strategic plan and I am looking forward to working with the team and being part of the next stage of Stonehage Fleming’s growth.”
ENDS
NOTES TO EDITORS ABOUT STONEHAGE FLEMING
Stonehage Fleming is one of the world’s leading independently owned family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration. Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to over 250 families of wealth. The Group advises on over $40 billion of assets and includes an investment business with more than $12 billion under management for families and charities. Stonehage Fleming is majority owned by management and staff. The Group employs over 500 people in 11 offices in 7 jurisdictions around the world.
Stonehage Fleming win Spears Award
The Spear’s Wealth Management Award event honours entrepreneurs, philanthropists and others for their innovation, success and outstanding contribution to the wealth management world. Shortlists are based on the work of the Spear’s Research Unit and winners are selected by highly qualified, independent judges.
We are also very proud to announce that Michael Maslinski received the 2016 Spear’s Lifetime Achievement Award. Michael has been a Partner and strategic adviser to the firm for well over a decade. His dedication and depth of knowledge have helped us to position Stonehage Fleming as a pioneering firm within the wealth management industry, and to redefine the Family Office space. Through his consultancy Maslinski & Co he has brought his experience to the benefit of many other firms, also serving as a judge for many years for the prestigious PAM Awards.
We are really delighted that he has been recognised for his contribution to the Wealth Management industry as a whole.
Stonehage Fleming Completes Acquisition of FF&P Wealth Planning
FF&P Wealth Planning, the London based wealth management business, was launched in 2011 following the strategic partnership between Asquith & Partners and Fleming Family & Partners. The business provides integrated planning and investment advice to wealthy individuals and their families. It will operate alongside Stonehage Fleming’s ultra-high net worth client services under the new brand name Stonehage Fleming Wealth Planning.
Stonehage Fleming has had a strong association with FF&P Wealth Planning since the merger of Stonehage and Fleming Family & Partners in 2015. As part of the transaction, Richard Bertin, Susie Hillier and William Tudhope will become Partners of Stonehage Fleming.
Anton Sternberg, CEO Investments, Stonehage Fleming, said: “The UK is a key strategic market for Stonehage Fleming and we are seeing an increasing demand from our clients for long-term financial planning and advice. We have particular experience of dealing with business owners, professionals and clients with complex affairs. Their wealth planning needs must be considered in the context of a wider multi-generational strategy for the family. With the combination of Wealth Planning, Family Office and Investment Management, we believe that we have an exceptional proposition to meet the needs of wealthy clients, both domestic and international.
I am pleased to formally welcome Richard, Susie and their team into the Group. They come with valuable expertise and a strong reputation. They will be a real asset to our firm.”
Richard Bertin, Partner, Stonehage Fleming Wealth Planning, said: “In this low return environment, effective planning for wealth preservation and transfer has never been more important. We are delighted to be fully incorporated into the Stonehage Fleming Group. Our new look demonstrates the combined strength of our businesses and our shared vision of bringing the values and approach of a family office to a broader range of clients across all bands of wealth.”
Susie Hillier, Partner, Stonehage Fleming Wealth Planning, said: “We have been working closely with our colleagues in Stonehage Fleming for some time now. We see real opportunities for us to bring our technical planning expertise in support of their international clients where the second or third generation are settling in the UK. Our integrated approach enables us to provide clients with intergenerational wealth planning at every stage.” To view the new Stonehage Fleming Wealth Planning website, please follow the link.
Matthew Fleming becomes MCC President
We are delighted to announce that Matthew Fleming has been appointed as the next President of the Marylebone Cricket club (MCC). MCC is the world’s most active cricket club, the owner of Lord’s Ground and the guardian of the Laws of the game. Founded in 1787, it has been recognised as the sole authority on the Laws of Cricket since its foundation.
Matthew will take up the position from current President, Roger Knight, on the 1st October 2016. Having been an elected member on the Club’s Main committee since 2005, he has become a driving force behind the MCC foundation’s work in Afghanistan, and a well versed and fully supportive member of the board.
Looking forward, Matthew commented, “Next year promises to be a momentous one for the Club - when the new Warner Stand is completed, the refurbishment of the J.P. Morgan Media Centre is finalised and when Lord’s plays host to the ICC Women’s Cricket World Cup Final.”
This is a hugely prestigious appointment for Matthew, who will continue as the Stonehage Fleming partner leading various activities including our successful Next Gen programme, and developing our Succession proposition. I am sure you will join me in congratulating him and wishing him every success in this role. View MCCs announcement here >>
Stonehage Fleming win STEP Multi Family Office Team of the Year
We are delighted to let you know that Stonehage Fleming was selected as the Multi Family Office Team of the Year at the Society of Trust and Estate Practitioners (STEP) awards in London earlier this month. The STEP awards are recognised as a mark of excellence amongst the global private wealth advisory community, with submissions subject to rigorous analysis by a panel of highly qualified independent judges.
As the largest Multi Family Office in the EMEA region and one of the largest in the world, we have exceptional experience in meeting the often complex needs of wealthy families. We are really proud to have received this independent endorsement of our capabilities from STEP for the second consecutive year and the third time in aggregate.
The judges specifically said: “We were impressed with Stonehage Fleming’s approach to family governance, which is ‘top tier’, as well as the ‘exceptional’ breadth of their offering, performance and expertise.” Our services are designed both to protect and to manage family wealth. In addition to helping families structure their affairs across generations and geographies, we provide advice on the full spectrum of family assets, including commercial interests, property, art and liquid investments where we have over $40 billion under management and administration. We work extensively with other professional firms and advisers, and are always keen to explore how we can further develop these partnerships.
This brings to eight the number of industry awards we have received since Stonehage and Fleming Family & Partners merged in January 2015; we are grateful to our clients for their support and our excellent team for their commitment in making the merger such a success.
Pass the baton: how family offices can survive succession
Succession planning is to become one of the greatest risks for family offices as 43% expect a generational transition in the next 10 years, according to a new study.
Michael Maslinski, a partner at Stonehage Fleming, said: ‘Intergenerational transfer is a crucial part of what we do. And within that, we see succession from one generation to the next as not only one of the greatest opportunities, but also the biggest risk that families face.’
Read more via Citywire Wealth Manager
Stonehage Fleming Completes Acquisition of FF&P Wealth Planning
FF&P Wealth Planning, the London based wealth management business, was launched in 2011 following the strategic partnership between Asquith & Partners and Fleming Family & Partners. The business provides integrated planning and investment advice to wealthy individuals and their families. It will operate alongside Stonehage Fleming’s ultra-high net worth client services under the new brand name Stonehage Fleming Wealth Planning.
Stonehage Fleming has had a strong association with FF&P Wealth Planning since the merger of Stonehage and Fleming Family & Partners in 2015. As part of the transaction, Richard Bertin, Susie Hillier and William Tudhope will become Partners of Stonehage Fleming.
Anton Sternberg, CEO Investments, Stonehage Fleming, said: “The UK is a key strategic market for Stonehage Fleming and we are seeing an increasing demand from our clients for long-term financial planning and advice. We have particular experience of dealing with business owners, professionals and clients with complex affairs. Their wealth planning needs must be considered in the context of a wider multi-generational strategy for the family. With the combination of Wealth Planning, Family Office and Investment Management, we believe that we have an exceptional proposition to meet the needs of wealthy clients, both domestic and international.
I am pleased to formally welcome Richard, Susie and their team into the Group. They come with valuable expertise and a strong reputation. They will be a real asset to our firm.”
Richard Bertin, Partner, Stonehage Fleming Wealth Planning, said: “In this low return environment, effective planning for wealth preservation and transfer has never been more important. We are delighted to be fully incorporated into the Stonehage Fleming Group. Our new look demonstrates the combined strength of our businesses and our shared vision of bringing the values and approach of a family office to a broader range of clients across all bands of wealth.”
Susie Hillier, Partner, Stonehage Fleming Wealth Planning, said: “We have been working closely with our colleagues in Stonehage Fleming for some time now. We see real opportunities for us to bring our technical planning expertise in support of their international clients where the second or third generation are settling in the UK. Our integrated approach enables us to provide clients with intergenerational wealth planning at every stage.” To view the new Stonehage Fleming Wealth Planning website, please follow the link.
Matthew Fleming becomes MCC President
We are delighted to announce that Matthew Fleming has been appointed as the next President of the Marylebone Cricket club (MCC). MCC is the world’s most active cricket club, the owner of Lord’s Ground and the guardian of the Laws of the game. Founded in 1787, it has been recognised as the sole authority on the Laws of Cricket since its foundation.
Matthew will take up the position from current President, Roger Knight, on the 1st October 2016. Having been an elected member on the Club’s Main committee since 2005, he has become a driving force behind the MCC foundation’s work in Afghanistan, and a well versed and fully supportive member of the board.
Looking forward, Matthew commented, “Next year promises to be a momentous one for the Club - when the new Warner Stand is completed, the refurbishment of the J.P. Morgan Media Centre is finalised and when Lord’s plays host to the ICC Women’s Cricket World Cup Final.”
This is a hugely prestigious appointment for Matthew, who will continue as the Stonehage Fleming partner leading various activities including our successful Next Gen programme, and developing our Succession proposition. I am sure you will join me in congratulating him and wishing him every success in this role. View MCCs announcement here >>
Stonehage Fleming win STEP Multi Family Office Team of the Year
We are delighted to let you know that Stonehage Fleming was selected as the Multi Family Office Team of the Year at the Society of Trust and Estate Practitioners (STEP) awards in London earlier this month. The STEP awards are recognised as a mark of excellence amongst the global private wealth advisory community, with submissions subject to rigorous analysis by a panel of highly qualified independent judges.
As the largest Multi Family Office in the EMEA region and one of the largest in the world, we have exceptional experience in meeting the often complex needs of wealthy families. We are really proud to have received this independent endorsement of our capabilities from STEP for the second consecutive year and the third time in aggregate.
The judges specifically said: “We were impressed with Stonehage Fleming’s approach to family governance, which is ‘top tier’, as well as the ‘exceptional’ breadth of their offering, performance and expertise.” Our services are designed both to protect and to manage family wealth. In addition to helping families structure their affairs across generations and geographies, we provide advice on the full spectrum of family assets, including commercial interests, property, art and liquid investments where we have over $40 billion under management and administration. We work extensively with other professional firms and advisers, and are always keen to explore how we can further develop these partnerships.
This brings to eight the number of industry awards we have received since Stonehage and Fleming Family & Partners merged in January 2015; we are grateful to our clients for their support and our excellent team for their commitment in making the merger such a success.
Pass the baton: how family offices can survive succession
Succession planning is to become one of the greatest risks for family offices as 43% expect a generational transition in the next 10 years, according to a new study.
Michael Maslinski, a partner at Stonehage Fleming, said: ‘Intergenerational transfer is a crucial part of what we do. And within that, we see succession from one generation to the next as not only one of the greatest opportunities, but also the biggest risk that families face.’
Read more via Citywire Wealth Manager