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Information for professional partners

Please note this information is only intended for professional partners and not for private individuals. 

How we help your clients

As a wealth manager, we can help plan and structure your clients’ assets through life’s changes to provide for their own needs, and those of future generations. As an investment house, we help clients grow and protect their wealth using globally diversified portfolios. As a private bank, we can support your clients’ finances from day one, as well as deliver a range of bespoke and competitive lending solutions.

Our awards validate our commitment to our clients. It’s recognition from the people that matter – the clients whose wealth we are privileged to manage and our own team. Voted the best private bank for seven years running in the City of London Wealth Management Awards, we have an even longer history with The Sunday Times 100 Best Companies to Work For.

Tailored support

With a long track record of working with accountancy practices, Nedbank Private Wealth’s focus is on:

  • Working in tandem with clients’ professional advisers to map cashflow plans to wealth goals, providing an overview of current and projected expenditure and income
  • Tailoring discretionary investment portfolios, lending and life insurance to support clients’ wealth goals and succession planning needs
  • Planning for tax-efficient investments, e.g. advising on the use of ISAs, pension schemes and offshore bonds, as well as other vehicles
  • Introducing fiduciary services to clients via our in-house trust team, Nedgroup Trust, where appropriate
  • Using life insurance, as part of a holistic wealth plan, to protect clients and plan for inheritance tax
  • Booking assets in the UK, as well as offshore, via our own platforms in Jersey and the Isle of Man.

With considerable experience and understanding of the needs of entrepreneurs, we can help your clients both before, during and after any liquidity events. In particular,  Nedbank Private Wealth regularly helps clients to:

  • Navigate life in the run up to and after a business restructure or sale
  • Support succession and inheritance tax planning
  • Provide bespoke mortgages due to a thorough understanding of a client’s track record and overall wealth
  • Provide cashflow modelling to understand income replacement needs, preserve capital, make provisions for any ongoing business interests, while working towards long-term wealth goals
  • Diversify investments beyond significant portfolios of the specialist investments often held by entrepreneurs.

Whether providing support for clients of family and private client lawyers, Nedbank Private Wealth can help to:

  • Develop and implement holistic wealth plans, including the provision of cashflow modelling and discretionary investment portfolios to assist with current and future expenditure and income needs. This is particularly useful for clients who receive significant sums following a business sale or divorce that will support long-term income needs
  • Deliver services to bereaved and divorced clients, who require experienced and specialist support
  • Offer bespoke lending solutions, including mortgages, Lombard loans and bridging finance
  • Support international families with cross-border financial and business interests, and those that are UK resident and non-UK domiciled
  • Provide trust and fiduciary services to international clients
  • Meet the needs of clients planning to leave a legacy or pursue philanthropic objectives.

 

We also work with immigration lawyers to help clients relocate to new jurisdictions and structure their affairs in their new home and retain links to their heritage.

While Nedbank Private Wealth has an in-house trust team in Nedgroup Trust, the fiduciary business operates separately from the bank. And while we have clients in common, we also work with other trust companies to support them and their beneficiaries by:

  • Ensuring portfolios remain liquid even when financial markets are volatile
  • Providing lending solutions to help with short-term cashflow needs or longer-term borrowing requirements
  • Offering segregated and unitised discretionary portfolios depending on trustees’ bookkeeping requirements
  • Private banking services for the trust and any underlying companies, as well as the beneficiaries and settlors
  • Managing currency risk through our in-house treasury team.

In addition, we also submit our portfolios to the team at Managed Portfolio Indices, the STEP member service, and to Asset Risk Consultants. These allow trustees to fulfil their fiduciary responsibilities more easily with regard to monitoring investment performance.

Products and services detailed may not be suitable for clients or available in your clients’ jurisdictions. Nedbank Private Wealth does not provide tax advice and works with clients’ existing advisers to set-up the accounts and structures clients need.

Based on client conversations

The 16th issue of our client magazine is out now

9 Sep

   |   <20 mins

In the latest edition of our client magazine, Opportunity, we review the role of philanthropy post pandemic, take a look at the bitcoin phenomenon and more.

Money management

Will we see UK tax changes in the autumn?

30 Jul

   |   7 mins

John Williams, head of wealth planning, highlights what potential UK tax changes we might see in the coming months as the chancellor of the exchequer seeks to increase tax revenue.

Major life events

Could divorce issues provide a guide to marital finances?

22 Jul

   |   6 mins

As lockdowns were imposed, couples were forced to spend considerable time together and, as a result, divorce rates around the world are rising. But even if you are still happily married ever after, could some of the decisions divorce requires be good for you too?

Money management

Why does the UK tax year start on 6 April?

7 Jun

   |   3½ mins

Most calendars start on 1 January and end on 31 December, but not the UK personal tax year. Karen Bennett explains the history behind the date as the Office for Tax Simplification considers changing the tax year end date.

Meet some of the team

John Williams

John Williams

John heads up the wealth planning proposition for the international business. He works with clients and their families, in tandem with their professional advisers, to ensure they have a clear financial plan in place to achieve their financial objectives. Working in partnership with our teams of private bankers, he integrates the benefits of wealth planning alongside our broader wealth management and wealth structuring capabilities.

 

John has over 25 years of advisory and management experience, working for global organisations providing solutions to a wide variety of UK and international clients. He joined from Credit Suisse UK where he was head of wealth planning for five years. He has also held similar senior roles at Barclays and UBS.

Rebecca Cretney

Rebecca Cretney

Rebecca joined Nedbank Private Wealth in May 2004 having moved to the Isle of Man from Barcelona to pursue a course in Business Studies with the Isle of Man Business School. Rebecca was appointed to the role of investment counsellor in March 2019 to focus exclusively on the company’s discretionary investment management services.

 

She works closely with our teams of private bankers to provide support in advising our clients with integrity, and to give additional technical investment expertise where more complex portfolio requirements exist.

 

Rebecca is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Chartered Wealth Manager.

Katie Bonfrer

Katie Bonfrer

Katie joined Nedgroup Trust in 2003 as a trust administrator and is now responsible for the business growth and strategy for the whole trust business at Nedbank Private Wealth. She has over 15 years of trust industry experience, looking after the affairs and succession planning of high-net-worth and ultra-high-net-worth private clients.

 

Primarily focusing on South Africa, the UK and the Middle East, she leads numerous client relationships in conjunction with her team of professionally qualified trust officers. She is experienced in managing the wealth of families to ensure they have the appropriate structures and team in place to deliver their legacy through the generations.

 

Katie is a member of the Society of Trust and Estate Practitioners and a Fellow of the International Compliance Association.

David McFadzean

David McFadzean

David is responsible for spearheading the growth of our wealth management business across the company’s international jurisdictions. Prior to taking on his current role, David was integral in developing the bank’s investment proposition for high-net-worth individuals, trustees and investment consultants. He is also a member of the bank’s executive committee.

 

He has over 25 years’ experience working for global blue-chip companies in both London and Jersey, and providing investment solutions to a wide variety of clients around the world. Prior to joining Nedbank Private Wealth, David spent 15 years with RBC Wealth Management where he held several senior roles, latterly leading the investment business as managing director and head of discretionary investments in Jersey.

 

David is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Chartered Wealth Manager. 

Contact Us

Give us a call today on +44 (0)1624 645000 or please complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.

Our office hours are weekdays from 8am to 8pm UK time, except for UK public holidays.

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