Fladgate today announces the appointment of Jonathan Riley as the Head of its Private Wealth group starting on May 1st 2020. Jonathan was previously a Partner at Michelmores and built his career at Macfarlanes and Allen & Overy; Jonathan will head a team of 16 Partners at Fladgate.
Fladgate’s Private Wealth group currently advises on complex tax and wealth structuring issues for domestic and international clients, including wealthy individuals, families, entrepreneurs and fiduciaries. Reflecting the firm’s ability to offer clear and original thinking alongside a highly commercial and personal service, the Private Wealth group supports clients across a wide range of transactional and contentious needs including: family; immigration; employment and contentious trust matters; real estate and corporate commercial and transactional advice; tax advisory and structuring services.
Jonathan’s arrival is part of a wider long-term strategy to build on the firm’s strong private wealth reputation and offering, and to extend it significantly. The intention is to both broaden and deepen the firm’s existing capabilities in this area as well as develop a range of new legal and non-legal services that will meet the demanding and fast changing needs of clients.
Jonathan has substantial experience in advising both UK and internationally based wealthy individuals and families on a broad range of matters, including wealth structuring, trust advice, estate planning and tax. He has advised some of the wealthiest families (and their family offices) in the UK and internationally and has clients based in the Middle East, Switzerland and South America. His role often involves coordinating advice across multiple jurisdictions.
Jonathan has a particular interest in succession and governance for larger family owned businesses and in ensuring that the optimisation of a family’s private affairs reflects the commercial imperatives of their business. He speaks regularly in the UK and overseas in respect of a variety of private wealth matters and is a chapter editor for “Business Families and Family Businesses” (published by the Society for Trust and Estates Practitioners) and Planning and Administration of Offshore and Onshore Trusts (Bloomsbury).
Grant Gordon, a member of the Fladgate Partner Board, commented: “Fladgate’s objective is to be a real business partner for our clients, anticipating their business need and providing an incredibly personal service of the highest quality. Clients of the Private Wealth group will benefit from Jonathan’s track record of delivering private clients with pragmatic solutions on complex matters throughout their personal and business journeys. He also shares our vision of building a team and wider set of capabilities that will make the firm’s practice in this area an absolute ‘go-to’ for clients.”
Jonathan Riley said: “Fladgate’s approach to delivering tailored and commercially astute advice is truly distinctive in the market, I am excited to have the chance to work with a very successful Private Wealth team. At a time of significant inter-generational wealth transfer, new wealth creation, internationalisation and concerns around privacy there has arguably never been a greater need for private wealth advice. Fladgate is recognised for both its private wealth expertise as well as for providing commercial advice that facilitates their clients’ success – it is perfectly placed to meet the needs of individuals and families in protecting and managing their wealth across generations.
Richard Reuben, Senior Partner at Fladgate, added: “We very much look forward to working with Jonathan as a new member of the Private Wealth team. I would like to thank Sunil Sheth who is stepping down from the role of Head of that group for his time leading it and building its reputation. He remains a valuable member of the practice and will continue to work on a range of corporate work for companies and entrepreneurs, especially in India.”