Your business in brief?
Julius Baer is the leading Swiss private banking group, with a focus on servicing and advising private clients and a premium brand in global wealth management. At the end of 2017, assets under management amounted to CHF388bn (£290bn).
Recruitment is also underway...as we continue in our aim to attract the best talent...to provide our clients with the in-depth local expertise required to ensure best-in-class service.Calum Brewster, Managing Director, Head of UK Regional Offices, Julius Baer
Dating back to 1890, Julius Baer (named after our founder) is present in all major financial centres with headquarters in Zurich and globally we employ over 6,000 people. In the UK we have offices in London, Leeds, Manchester and now Edinburgh, having recently announced a number of new hires in response to the potential of the Scottish market. In the UK, we’re proud to offer wealth management services tailored to the individual needs of our clients, with our ambitious regional expansion across the UK and Ireland signifying our continued commitment to these markets – at a time when others are withdrawing due to uncertainty around Brexit.
What makes Edinburgh an attractive market for you?
We believe that the Scottish market has seen a marked increase in the number of business owners, entrepreneurs and individuals seeking wealth and investment management solutions. Establishing a presence in Scotland provides clients with over £1m to invest, with unrivalled local knowledge combined with a global perspective and a unique pure wealth management offering. This move represents the next step in our long-term commitment to serving and growing our presence in the UK and Irish markets
What presence will you have? What jobs will be created?
Our new office will open in Q2 this year will be headed by Gordon Scott, who was recently announced as Team Head, responsible for Scotland, Northern Ireland and the North West of England. Gordon will initially be joined by five experienced relationship managers and wealth planners and will report to me. Recruitment is also underway for additional support staff, as we continue in our aim to attract the best talent in the marketplace to provide our clients with the in-depth local expertise required to ensure best-in-class service. The new office will be located at One Lochrin Square.
What's the vision for your business?
Globally, our vision is to remain at the forefront of private banking across the world. In the UK, our focus is taking this vision and building our business by investing in new offices and hiring the best talent. Experienced relationship managers are attracted by Julius Baer’s pure wealth management model. The UK, with its deep pool of talent in financial services, is a strategic location for investment and growth and our expansion into Scotland is a key step in our growth strategy. We are committed to building a strong business for the long term and serving clients across the whole country.
If you would like to find out more about how we can help you and your business establish, relocate or expand within the city region, or would simply like more information about what Edinburgh has to offer, get in touch today.