London, 19 September 2016. Wren Investment Office (Wren), an investment office for families and individuals with large fortunes, is launching in London. Wren is an experienced team of wealth managers backed and part-owned by MdF Family Partners in Spain (MdF) and WE Family Offices in the USA (WE).
Wren’s offering is directed at individuals and families who require multi-generational wealth management, with top quality client servicing.
Wren will be offering truly independent investment management with best practice operations and reporting.
Initial appointments at Wren are as follows: Michael Parsons, Chief Executive Officer; Drew McNeil, Head of Client Relationships; Eirian Jones, Head of Investments; Stephen Doherty, Chief Operating Officer; and Christopher Kemball, Independent Non-Executive Chairman.
At its core, Wren reunites the former investment committee of Lord North Street: Daniel de Fernando of MdF who will be CIO of Wren, Drew McNeil and Eirian Jones. Through Wren’s alliance with MdF and WE its clients will benefit from a global investment view with local implementation.
Commenting on the launch, Michael Parsons, CEO of Wren, said: “With Wren Investment Office we are bringing together highly experienced wealth management professionals, backed by the resources of MdF and WE, with the aim of delivering the highest standards of wealth management, top client servicing and state-of-the-art reporting. Moreover, we are structured to match the multi- generational requirements of our clients with strong incentives to attract talent and a succession plan is being hardwired into our shareholder agreement.”
Mel Lagomasino, Non-Executive Director at Wren and Managing Partner at WE Family Offices, said: “The launch of Wren Investment Office is an exciting development for WE Family Offices and introduces the philosophy of sustaining wealth by managing it like a well-run company to ultra-high net worth families in the UK. The team at Wren share our commitment to independence, a simple fee structure and adherence to putting clients’ interests first. Our alliance with Wren should be seen as a significant step towards building a truly global service.”
Daniel de Fernando, Managing Partner at MdF Family Partners and CIO of Wren Investment Office, added: “Wren’s investment offering has the architecture and design to match perfectly the requirements of wealthy families over generations to come. Having worked previously with the investment team I can highlight the strength of the investment process and am delighted to take on the role of CIO.”
Wren Investment Office