Following a period of strong and sustained growth, today we are proud to announce the launch of our inaugural European office in Barcelona, Spain. The expansion follows the recent strategic partnership with Lovell Minnick Partners and will allow us to roll out our forward thinking and competitive offering to clients across Europe.
LCE will be led by Partner and Chief Executive Officer, Pau Morilla Giner, who has been with London & Capital since 2008. He will be responsible for driving growth across Europe, with a focus on American and other international expats in Europe, high and ultra-high net worth domestic clients and institutional clients operating in the insurance sector. Pau will be supported on the ground in Barcelona by a local team including Diego Pajaro, a Senior Client Adviser with over 18 years’ experience.
Through our new office, we will be working with HNW international families, including UK expats and domestic clients, as well as small and medium sized insurance companies, which form the core part of our Institutional client base.
We will be offering our European clients the same integrated wealth and asset management solution as we do across the business currently, which includes financial planning and advice, tailored investment management and multi-currency reporting. Our directly invested portfolios are suited to multiple jurisdictions and already adhere to all necessary regulations throughout European, UK and US markets. LCE will provide clients based in Europe with an innovative offering, unlike traditional private banking which historically has been the main option for HNW and UHNW clients in this region.
Guy McGlashan, Chief Executive Officer, said, “We have seen impressive growth in the last few years, and are delighted to be announcing our expansion. Europe has always been an important market for us and the strength of the business, combined with the market re-opening post-pandemic, has allowed us to take the next step.
“We are already recognised as a leading manager for international Americans in the UK; the launch of LCE will enable us to support these clients across Europe – as well as expanding our reach to other international expats in Europe and local Europeans.”
Pau Morilla Giner, Chief Investment Officer said, “We’ve already witnessed increased demand for our services and offering in Europe and a bespoke service has always been our goal.
“Wealth management across Europe is very different to our proposition and so we are looking forward to bringing a fresh, holistic and innovative approach and revolutionising European wealth management.
Even though we are called London & Capital, we’re not your typical British wealth manager. We are more international and are looking forward to this next step for the firm.”
