LGT Vestra is one of the UK's leading wealth managers and has enjoyed considerable success since its inception in 2007, particularly following the acquisition of a majority stake by LGT in March 2016. The company has an approach entrepreneurial and ensures clients a high quality impartial advice, free from conflicts of interest. The partnership with LGT has allowed it to increase its specialist skills and expand the range of products and services of the entire group.
As of August 31, 2020, LGT Vestra managed assets of GBP 15,7 billion and served approximately 14.000 customers compared to GBP 5,6 billion at the time of the acquisition in 2016. The company has 362 employees (in March 2016 there were 234 ) and offices in London, Bristol and Jersey. With the purchase of the remaining stake held by the executive shareholders of the company, LGT Vestra is now fully owned by LGT.
HSH Prince Max von und zu Liechtenstein, LGT CEO said: “Our partnership with LGT Vestra has been very successful and has also generated significant added value for customers. We are now ready to work with the existing management team to further expand this great company ».
David Scott, founder and president of LGT Vestra commented: «We are fortunate to have found a reliable partner in LGT in 2016. There was an immediate mutual recognition that having a similar approach in the way of dealing with customers ».
LGT is a leading international private banking and wealth management group fully controlled by the Princely Family of Liechtenstein for over 80 years. As of 30 June 2020, LGT managed assets of CHF 218,7 billion (USD 230,8 billion) for private and institutional clients. The employees are over 3700 and work in more than 20 locations in Europe.
New appointment in LGT
LGT announced that Andrea Bergamini has assumed responsibility for managing the distribution of the LGT Lightstone impact fund and future products within LGT Private Banking globally. The new function has been active since October 2020, is part of the Products & Service Management department and is based in Zurich. In his new role, Andrea Bergamini will act as a "bridge" between LGT Private Banking and Lightstone and will be involved both in the Bank's distribution structure and in Lightstone's Impact Investing activities with the aim of developing a successful partnership between the two. entity.
