NEWS

Wren Investment Office appoints Edward Tollemache

London, 2 October 2017. Wren Investment Office (Wren), the investment office for families and individuals with large fortunes, has appointed Edward Tollemache as Client Relationship Director. Wren, with its experienced team of 5 wealth managers, was launched only a year ago and is backed and part-owned by MdF Family Partners in Spain (MdF) and WE Family Offices in the USA (WE). Tollemache joins from Sandaire Investment Office where he was a Client Relationship Director.

Wren’s offering to individuals and families extends also to substantial endowment funds and charities, all of which require long-term and multi-generational investment advice and management with top quality client servicing.

Since its formation last year Wren has attracted a number of new clients, including an Oxbridge College, with total client assets under management and advice now approaching £500m. The firm moved to new enlarged premises in Buckingham Palace Road in June this year to accommodate early expansion of its operations.

Edward Tollemache is the sixth colleague to have joined Wren from the previous team which had worked together at Lord North Street before it was acquired by Sandaire three years ago. At its core, this reunited the former investment committee of Lord North Street: Daniel de Fernando of MdF, CIO of Wren, Drew McNeil and Eirian Jones. Through Wren’s alliance with MdF and WE, its clients are able to benefit from a global investment perspective with local implementation.

Commenting on the appointment, Michael Parsons, CEO of Wren, said:

“This has been an exciting first year for Wren Investment Office. We are delighted that so many clients have put their trust in us and that we are well ahead in our plans for the business.

“Having worked with Edward previously, we know he is a great addition to our highly talented team. With the tremendous support of our partners and backers at MdF Family Partners and WE Family Offices, we are in a unique position to serve clients with increasingly international needs.”

Enquiries:

Wren Investment Office

Michael Parsons         T: +44 20 3876 5699   E: [email protected]

Drew McNeil               T: +44 20 3876 5899   E: [email protected]

Fin International

Ivo Forde                     T: +44 20 3176 4669   E: [email protected]

Anthony Shewell        T: +44 20 3176 4670   E: [email protected]

Notes to Editors: Background Notes and Biographies of Key Staff

Biography

Edward Tollemache

Edward Tollemache joins Wren Investment Office as a Client Relationship Director. His role encompasses looking after a broad range of clients, including large families and charitable endowments, providing strategic investment advice as well as taking responsibility for asset allocation advice and portfolio implementation.

Before joining Wren in October 2017, Edward was a Client Relationship Director at Sandaire Investment Office. He performed a similar role at Lord North Street from 2013 before it was acquired by Sandaire in 2014.

Edward has worked within the private wealth industry since 2000 having started his career at Merrill Lynch Private Client Group. In 2002 he joined the multi-family office of Fleming Family and Partners where he worked within the client relationship team for 10 years.

Edward is a Chartered Fellow of the Securities Institute and holds a BSc in Business Management and Marketing from Newcastle University.

About Wren Investment Office

Wren Investment Office is structured to attract top wealth professionals and to facilitate succession in the years to come in order to be completely aligned with the objectives of families and institutions requiring top-quality, multi-generational wealth management. Outside of the London team, additional stability comes from shared ownership and resources of MdF Family Partners and WE Family Offices. Through Wren’s alliance with MdF and WE, international clients benefit from servicing options in the UK, Europe and the United States.

Wren’s senior management have a history of working with each other both at Lord North Street, together with Daniel de Fernando, and more recently at Sandaire. Wren is founded on the same operating principles for “you, the client” which are shared by MdF and WE:

  • As your outsourced investment office Wren works in partnership with you with the view to enhancing and optimising your wealth
  • A commitment to looking after your family’s/endowment’s long-term interests
  • Wren believes in focussing on what you need, not what the investment world wants to sell you
  • No hidden sales agendas, or conflicts of interests
  • Protecting your wealth lies at the heart of Wren’s investment philosophy
  • No dominant family ownership of Wren exists, meaning all clients are equally important

Wren’s office address in London is: 134 Buckingham Palace Road, London, SW1W 9SA

About WE Family Offices

With offices in New York and Miami, WE Family Offices is an award-winning independent, family- focused wealth management firm, serving ultra-high net worth clients. The firm addresses the real-life challenges that deeply impact families so that clients are able to make the critical decisions necessary to manage, preserve and grow their wealth. WE is an independent advisory firm and has no interest in selling products, meaning there are no hidden sales agendas or conflicts of interest. To enhance the services WE provides to client families all over the world, WE Family Offices has formed an alliance with two international firms – Wren Investment Office and MdF Family Partners. The three firms are separate entities, but through their alliance, they leverage the investment capabilities, relationships and services of each firm, providing access to a global platform with servicing options in the UK, Europe and the United States. WE Family Offices was most recently named Multi-Family Office Team of the Year by Family Wealth Report, and was listed among the Financial Times’ Top 300 Independent Advisors in the United States in 2017. As of June 30, 2017, WE now advises on approximately $5.0 billion and reports on an additional $1.8 billion for a total assets under advisement or reporting of $6.8 billion. WE currently works with 70 families in the U.S. and abroad. Learn more at www.wefamilyoffices.com.

About MdF Family Partners

MdF Family Partners (MdF) is a multi-family office which was established in 2008 by a group of investment professionals with long experience in private banking and asset management as well as law. The founding partners were: Daniel de Fernando, Daniel Gómez, Jose María Michavila and Javier Muguiro. Co-founding MdF at this time was a group of Spanish families. A component part of the business formed by MdF in the first instance was Gestefin, one of the oldest multi-family offices in Spain, which was created in the early 1980s.

MdF’s clear mission is to manage the affairs and investments of families with large fortunes with absolute objectivity and professionalism and employing the best practice and advice that is truly independent and uniquely suited to each client family. This advice is conflict free without bias and without imposition of any in-house products or preference for an asset class that is inappropriate in the context of the declared investment policy. MdF, in particular, helps the individual family to define and execute their investment programme and/or their family governance, constructing the strategy and asset allocation and selecting for them great managers in each case and negotiating with them on their behalf. MdF draws on the many years of expertise of its founding partners integrated within the structure of a family office with near 30 years’ history.

MdF has assets under management and advice of approximately €2billion serving over 40 clients from its offices in Madrid, Barcelona, Geneva and Mexico.