Multrees is working with a new financial institution that aims to shake up what is called Lombard lending.

Multrees Investor Services, an operational solutions provider for wealth managers and family offices, has announced that it is working with UK-based Firenze, a new player in the Lombard lending sector.

Through Firenze’s offering, wealth managers and investment advisors now use Multrees’ services to offer loans starting from £65,000 ($86,758), secured against clients’ investment portfolios, Multrees said. 

“As interest rates ease and taxes rise, the ability to unlock liquidity without selling investments has never been more relevant for high net worth clients,” David Newman (pictured below), CEO at Firenze, said.  (WealthBriefing interviewed Newman about its business model here.)

David Newman

Peter O’Donnell, chief client officer at Multrees Investor Services, said: “Our goal has always been to enable wealth managers to deliver sophisticated, flexible solutions under their own brand. By embedding Firenze’s lending technology within our custody ecosystem, we’re helping advisors offer a service that helps retain and strengthen high value clients – and capture fee revenue that would otherwise flow into the banking sector.”

The firm said economic and fiscal uncertainty is adding demand for liquidity solutions such as Lombard lending.

The private office Cerno Capital is among the Multrees clients now offering Lombard lending.

“We always encourage our clients to take a long-term view when it comes to preserving and growing their wealth. Lombard lending supports that mindset by providing access to flexible liquidity without interrupting investment strategies. Through this partnership, we can help clients manage cash flow without having to part with quality assets – a real advantage in volatile markets,” Tom Milnes, director at Cerno, said.

See here for recent appointments by Multrees.