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KPMG Takes Aim At Family Office Market With Strategic Hire
Tom Burroughes
26 October 2015
, the global accountancy and professional services firm, has appointed former Salamanca Group private office head Catherine Grum to lead its family office team, a newly-created position. Grum will drive the development of a dedicated family office service, working with the firm’s family business and private client advisory teams, KPMG said in a statement. Although Grum will not act as a practising solicitor in her new role, her career started at Allen & Overy, where she worked from 2003 to 2009 in the firm’s private client department, providing wide-ranging legal and tax advice to UHNW individuals and family offices. Prior to joining KPMG, Grum practised as a qualified solicitor and trust and estates practitioner.
Creation of this group is part of KPMG’s Enterprise initiative, the firm’s strategic investment totalling £40 million ($61.7 million) which will see the firm expand its service offerings in the UK.
Prior to Salamanca Group, Grum was head of wealth advisory (EMEA) for Barclays Wealth & Investment Management.