People Moves
Vestra Wealth Nabs Credit Suisse VP In UHNW Focus
The UK wealth manager has created three new roles within its UNHW client-facing team.
London-headquartered Vestra Wealth has hired three senior wealth managers, including former Credit Suisse vice president Ben Chance, within its private office to advise ultra-high net worth individuals.
Chance, who prior to Credit Suisse spent a decade as an investment advisor at Morgan Stanley, joins the London-based private office team alongside Alex Hayward and Jordan Buck. Chance, who was shortlisted as a Rising Star at the WealthBriefing European Awards, specialises in advising UNHW individuals, families and associated entities in the UK and internationally.
Before Vestra Wealth, Hayward was a consultant at Family Office Exchange. He was previously with Peter Leach, the family business consultant, where he focused on the development of family governance structures and preparation of heirs for roles in the enterprise. He joins as a consultant to business and wealth-owning families.
Buck previously worked for a mid-size independent corporate finance firm in the US and KPMG Corporate Finance in the UK, advising businesses on mergers and acquisitions, debt and equity raising and corporate change. He is responsible for providing strategic advice to UNHW individuals who have entrepreneurial and investment interests in private assets, private equity and venture capital. Buck also sits on Vestra’s private equity funds investment committee.
“My new colleagues are a great fit for the Private Office team and further enhance our ability to provide a quality service to our clients. Their experience, technical expertise and enthusiasm further add to our offering as a disruptive force in the ultra-high net worth market place,” said Natasa Williams, partner and head of Vestra Private Office.
The private office team provides strategic and family office type advice as well as portfolio management. Vestra Wealth, which began trading in 2008, had £5.4 billion ($8.2 billion) in assets under management as of the end of October.