ClearView Family Wealth Forums, which has run events and roundtables for UHNW families, has been acquired by The Wisdom Council, a financial services consumer engagement specialist.

Financial services consumer engagement specialist, The Wisdom Council, has today acquired ClearView Family Wealth Forums from ClearView Financial Media Ltd, which is the publisher of this news service. 

ClearView Family Wealth Forums run events and roundtables with ultra-high net worth families, typically those with more than $100 million assets, in the UK, GCC and Asia. As part of the acquisition, Gerald Schlagman and Mehdi Bougassa, who are responsible for the non-US, international family wealth events at ClearView, will join TWC on 7 December. They have delivered a run of high-calibre events in recent years in a variety of countries.

The acquisition is an important move by The Wisdom Council, which was founded in 2013 to bring intelligent insight to financial services firms, helping them to shape their thinking on strategy, propositions and service delivery. The TWC concentrates on engagement and its team consults investors across the wealth spectrum and has specific expertise about UHNW individuals. 

ClearView Family Wealth Forums creates an environment where UHNW family principals, next generation wealth members, single family office executives, and private multi-family-office CIOs can talk candidly about their needs as well as discuss and find solutions to the most topical challenges they face today. 

A core ethos of TWC’s business is to break down barriers by bringing together firms and their clients, deepening understanding and facilitating informed dialogue in an appropriate and often confidential manner. The acquisition of ClearView Family Wealth Forums is a natural extension of these capabilities.

“The acquisition represents a highly complementary extension to TWC’s business strategy and we are very excited by the opportunity to bring our expertise to bear with Clearview’s UHNW clients – it is a huge endorsement of our existing HNW/UHNW proposition and gives us the ideal platform from which to grow the business in the wealth space both in the UK and internationally,” Anna Lane, chief executive of The Wisdom Council, said. 

Stephen Harris, chief executive at ClearView Financial Media, said: “I’m delighted to pass this exciting business into such capable and enthusiastic hands. The Wisdom Council team will take this client centric business to a new level, building on our previous efforts, and we at ClearView wish them every success with this acquisition.”