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Double professional exam success for Family Office Service team

News
4 March 2022

The Crestbridge Family Office Services team is celebrating a double professional qualifications success.

Anna Anderson, Executive Assistant, and Jordan Sewrey, Administrator, both recently passed exams as part of their qualification program through the Chartered Governance Institute (formerly ICSA).

Anna, who has been at Crestbridge for three years, was successful in passing the CGI Level 4 Certificate in Corporate Governance. She has worked in a number of executive and personal assistant roles for around 15 years. Prior to joining Crestbridge, Anna worked at a global intellectual property management business in Jersey.

Meanwhile, Jordan, who joined Crestbridge in early 2020, passed the CGI Level 4 Certificate in International Finance and Administration with an overall distinction – a particularly impressive achievement given he sat his last exam just two weeks after having had his first baby and enduring a number of sleepless nights. Jordan is responsible for assisting with the day-to-day administration of one of the team’s largest clients, which has a particular focus on private equity and lending. Prior to joining Crestbridge, he worked for a global intellectual property management and technology firm.

Commenting on their success, Group Co-Head of Family Office Services Heather Tibbo said:

“We strongly believe that our biggest differentiator is the quality of our people and for that reason we have in place a comprehensive and fully supported program for professional and personal development to enable every single one of our team to reach their potential. I’m delighted for Anna and Jordan for their latest achievements as part of their ongoing professional development journey.”

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Meet Elliott Carlow

News
3 March 2022

The Crestbridge Family Office Services team is celebrating a double professional qualifications success.

Anna Anderson, Executive Assistant, and Jordan Sewrey, Administrator, both recently passed exams as part of their qualification program through the Chartered Governance Institute (formerly ICSA).

Anna, who has been at Crestbridge for three years, was successful in passing the CGI Level 4 Certificate in Corporate Governance. She has worked in a number of executive and personal assistant roles for around 15 years. Prior to joining Crestbridge, Anna worked at a global intellectual property management business in Jersey.

Meanwhile, Jordan, who joined Crestbridge in early 2020, passed the CGI Level 4 Certificate in International Finance and Administration with an overall distinction – a particularly impressive achievement given he sat his last exam just two weeks after having had his first baby and enduring a number of sleepless nights. Jordan is responsible for assisting with the day-to-day administration of one of the team’s largest clients, which has a particular focus on private equity and lending. Prior to joining Crestbridge, he worked for a global intellectual property management and technology firm.

Commenting on their success, Group Co-Head of Family Office Services Heather Tibbo said:

“We strongly believe that our biggest differentiator is the quality of our people and for that reason we have in place a comprehensive and fully supported program for professional and personal development to enable every single one of our team to reach their potential. I’m delighted for Anna and Jordan for their latest achievements as part of their ongoing professional development journey.”

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Daniel Channing joins the PCD Club “Entrepreneurs’ Boardroom”

News
23 February 2022

Daniel Channing, Director in Crestbridge’s Family Office Services Team, joined an expert panel brought together by the Private Client Dining Club ahead of their first in-person event of 2021 in London.

The panel comprised of a range of individuals from the trust, family office services, private client, legal, banking and accountancy industry.

The panel discussed key issues for entrepreneur clients including challenges and trends that have emerged over the last 18 months. Notably, there was consensus across the panel that, despite initial forecasts, entrepreneurs had been exceptionally active with every indication that this momentum was likely to continue.

Highlights from panel’s engaging discussion are set out in the Entrepreneurs’ Boardroom article in the latest issue of the Private Client Dining Club’s Digital Magazine here.

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Recognising expertise and contribution with promotions

News
23 February 2022

The Crestbridge Family Office Services team is celebrating a double professional qualifications success.

Anna Anderson, Executive Assistant, and Jordan Sewrey, Administrator, both recently passed exams as part of their qualification program through the Chartered Governance Institute (formerly ICSA).

Anna, who has been at Crestbridge for three years, was successful in passing the CGI Level 4 Certificate in Corporate Governance. She has worked in a number of executive and personal assistant roles for around 15 years. Prior to joining Crestbridge, Anna worked at a global intellectual property management business in Jersey.

Meanwhile, Jordan, who joined Crestbridge in early 2020, passed the CGI Level 4 Certificate in International Finance and Administration with an overall distinction – a particularly impressive achievement given he sat his last exam just two weeks after having had his first baby and enduring a number of sleepless nights. Jordan is responsible for assisting with the day-to-day administration of one of the team’s largest clients, which has a particular focus on private equity and lending. Prior to joining Crestbridge, he worked for a global intellectual property management and technology firm.

Commenting on their success, Group Co-Head of Family Office Services Heather Tibbo said:

“We strongly believe that our biggest differentiator is the quality of our people and for that reason we have in place a comprehensive and fully supported program for professional and personal development to enable every single one of our team to reach their potential. I’m delighted for Anna and Jordan for their latest achievements as part of their ongoing professional development journey.”

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Middle East NextGen focus on future priorities

News
23 February 2022

Crestbridge Family Office Services Director, Daniel Channing, who attended the Dubai conference, reflects on the changing dynamic of Middle East families and the impact of the NextGen…

The makeup of today’s high net worth families has changed considerably compared to that of previous generations. Larger family units, consisting of multiple branches all differing in ages, in multiple jurisdictions and pursuing multiple interest, creates significant challenges particularly when varying perspectives, visions and objectives collide.

Consequently, a focus on operating cohesively and seeking collective agreement prior to making decisions has become paramount. In addition, there has been a rise in developing multiple, concurrent investment and wealth planning paths to satisfy differing objectives.

As a result – and as recent discussions at Jersey Finance’s Dubai conference showed – the nextgen is increasingly seeking to incorporate robust governance into the management of a family’s collective wealth and business interests, with a view to providing a supportive framework to help the interplay of these often complex family dynamics. This is a trend that is playing out particularly strongly in the Middle East, where the values and visions of previous generations can be juxtaposed with the rapidly evolving ambitions and values of the nextgen.

Making their own way in the world

The nextgen forging their own path and fulfilling the expectations and obligations of the previous generation can be a significant challenge. Key decisions include; the right time to assume control of the family’s wealth from the first generation; how to fully assert control and what direction to take in relation to management and custodianship of the wealth.

The above can include a desire to establish their own career independently or in tandem with the inherited wealth.  Assuming responsibility can often come with a greater focus on exercising personal vision, albeit balanced against any commitment towards the previous generation.

Defining this personal vision is a key first step. This is frequently followed by implementing a framework, often using a tested structure, to help implement a new vision alongside that of the previous generation. Such a framework can also help to manage potential conflict between the new approach and the existing one.

A final challenge can be seen when a nextgen individual, reluctant to take stewardship of wealth from the previous generation, is prematurely forced to do so. In these circumstances, it is critical that a structure with the appropriate framework exists to help and support them.

Beyond the nextgen

What’s clear is that families with a Middle East nexus are increasingly complex and sophisticated, and while larger families with diversified interests present significant challenges for family office practitioners, they also create opportunities.

For families themselves, having conversations early to establish internal frameworks and networks of trusted advisors is critical.

At the same time, for service providers and the IFCs that house them, taking a digital-first approach, understanding the need for multi-platform communication demands, and providing access to specialist, tailored expertise will be vital if they are to continue to support and anticipate the rapidly changing needs of the Middle East nextgen and beyond.

This article was first published on theWealthNet click here.  

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Group Head once again recognised as one of ‘most influential’

News
3 February 2022

Crestbridge Family Office Services Director, Daniel Channing, who attended the Dubai conference, reflects on the changing dynamic of Middle East families and the impact of the NextGen…

The makeup of today’s high net worth families has changed considerably compared to that of previous generations. Larger family units, consisting of multiple branches all differing in ages, in multiple jurisdictions and pursuing multiple interest, creates significant challenges particularly when varying perspectives, visions and objectives collide.

Consequently, a focus on operating cohesively and seeking collective agreement prior to making decisions has become paramount. In addition, there has been a rise in developing multiple, concurrent investment and wealth planning paths to satisfy differing objectives.

As a result – and as recent discussions at Jersey Finance’s Dubai conference showed – the nextgen is increasingly seeking to incorporate robust governance into the management of a family’s collective wealth and business interests, with a view to providing a supportive framework to help the interplay of these often complex family dynamics. This is a trend that is playing out particularly strongly in the Middle East, where the values and visions of previous generations can be juxtaposed with the rapidly evolving ambitions and values of the nextgen.

Making their own way in the world

The nextgen forging their own path and fulfilling the expectations and obligations of the previous generation can be a significant challenge. Key decisions include; the right time to assume control of the family’s wealth from the first generation; how to fully assert control and what direction to take in relation to management and custodianship of the wealth.

The above can include a desire to establish their own career independently or in tandem with the inherited wealth.  Assuming responsibility can often come with a greater focus on exercising personal vision, albeit balanced against any commitment towards the previous generation.

Defining this personal vision is a key first step. This is frequently followed by implementing a framework, often using a tested structure, to help implement a new vision alongside that of the previous generation. Such a framework can also help to manage potential conflict between the new approach and the existing one.

A final challenge can be seen when a nextgen individual, reluctant to take stewardship of wealth from the previous generation, is prematurely forced to do so. In these circumstances, it is critical that a structure with the appropriate framework exists to help and support them.

Beyond the nextgen

What’s clear is that families with a Middle East nexus are increasingly complex and sophisticated, and while larger families with diversified interests present significant challenges for family office practitioners, they also create opportunities.

For families themselves, having conversations early to establish internal frameworks and networks of trusted advisors is critical.

At the same time, for service providers and the IFCs that house them, taking a digital-first approach, understanding the need for multi-platform communication demands, and providing access to specialist, tailored expertise will be vital if they are to continue to support and anticipate the rapidly changing needs of the Middle East nextgen and beyond.

This article was first published on theWealthNet click here.