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What's New In Investments, Funds? – Sorbus Partners

The latest news on investment offerings, financial products and other services relevant to wealth advisors and their clients.
Sorbus Partners
Sorbus
Partners, a UK private investment office, has launched a
not-for-profit subsidiary, Sorbus.org, and appointed Kathryn Fox
as its chief operating officer.
According to the firm, Sorbus.org is a new concept providing
not-for-profit administrative, regulatory, banking, accounting
and other services for registered charities, to maximise the
effectiveness of their philanthropy.
Kathryn Fox, who has joined the firm as COO, has over
10 years of senior experience in managing operations, both
in industry with Rolls-Royce and JCB, and in consulting, the firm
added.
Welcoming the move, Fox said: “The administration involved in
running a charity is a barrier to getting started, and can impede
trustees from their real purpose. By covering the day-to-day
running, including organising trustee meetings and preparing
agendas and minutes, preparing management accounts, arranging
annual audits, administering grants and bursaries, employee
administration and payroll, and dealing with general
administration and correspondence, trustees are finally free to
focus on what really matters."
Max Thowless-Reeves, founding partner of Sorbus, explained that
the new subsidiary emerged from their work with their clients,
many of whom are deeply rooted in their communities and have a
passion for philanthropy.
Based in Staffordshire, the firm is a private investment office, offering its UHNW clients wealth, fund and investment management services.