Salamanca Group has launched a new private office division as it looks to boost its offering for wealthy clients

Salamanca Group has launched a new private office division as it looks to boost its offering for wealthy clients.

The bank’s existing trust and fiduciary business and the private client services business - which provides education advisory, lifestyle management, marine services, property management and security services in-house - will both be within this new division.

“Private clients are becoming an increasingly important part of our business following our acquisition of the Investec Trust Business earlier this year. Combining those areas of Salamanca Group that are focused on delivering services to these clients will enable us to provide a comprehensive service to our clients and meet their wide ranging needs,” said Martin Bellamy, chief at Salamanca Group.

Catherine Grum heads up the private office which is operated from London, Jersey, Geneva and Mauritius.