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Portrait
VALUES WORTH SHARING
The illustrations in this publication are part of the Princely Collections. For more than 400 years, the Princes of Liechtenstein have been passionate art collectors. The Princely Collections include key works of European art stretching over five centuries and are now among the world’s major private art collections. The notion of promoting fine arts for the general good enjoyed its greatest popularity during the Baroque period. The House of Liechtenstein has
pursued this ideal consistently down the generations. We make deliberate use of the works of art in the Princely Collections to accompany what we do. For us, they embody those values that form the basis for a successful partnership with our clients: a long-term focus, skill and reliability. www.liechtensteincollections.at
Thomas Ender, detail from “The Gulf of Naples near Sorrento,” 1819/22
Using Rome as his starting point, Thomas Ender set off on his Italian travels, taking in the coastal landscapes of the Gulf of Naples, Sorrento, Amalfi, Capri, Salerno and, of course, the town at the foot of Vesuvius, Naples itself. In his painting “The Gulf of Naples near Sorrento”, he depicted one of the most beautiful strips of land on this earth; one of those dramatic stretches of coastline where nature and human creation converge with stunning results. His veduta shows the whole panorama, from the breathtakingly precipitous sea cliffs all the way along to the tamed and gently sloping hills out of which Mount Vesuvius rises in the background. There is a special quality about this work: his aerial perspective lending a sense of unending distance; the southern skies that he so skillfully reproduces; the incomparable color of the sea in the Gulf that he manages to capture so effectively. When he finally returned to Vienna from Italy, Ender brought back over 500 drawings and around 40 smaller and six larger oil paintings. Alongside Rudolf von Alt, Thomas Ender was the eminent vedutist of the Viennese Biedermeier, who took part in numerous research trips and expeditions throughout his life and demonstrated his talent in his oil paintings and meticulous watercolors, through which he was able to document countries of the globe as far away, even, as Brazil.
© LIECHTENSTEIN. The Princely Collections, Vaduz–Vienna
A look inside the Princely Collections
Contents
5 Welcome to LGT Vestra US
6 Our company at a glance
8 Interview: ” Personal advice will never become a thing of the past”
11 Two sides, one story
13 Trust
17 Stability
21 Flexibility
25 Expertise
29 Commitment
33 Our services
38 Contact
“We believe that a global perspective is the best way to achieve our clients’ goals.”Paul Nixon, CEO LGT Vestra US
Welcome to LGT Vestra US
Dear reader
Welcome to LGT Vestra US. Our focus is on ensuring we
meet and exceed our clients’ expectations wherever they
are, which in turn defines our firm’s culture and strategy.
We treat every client relationship as a long-term partnership
and value the personal connection we hold with each one.
A specialist subsidiary of wealth management firm LGT
Vestra LLP, our firm was set up specifically to help clients
with personal and financial connections to the US. We believe
that a global perspective is the best way to achieve our clients’
goals. An approach we adopt wherever our clients reside.
Our private ownership structure enables us to take a long-
term approach to business decisions. We can afford to make
investments in our business that we believe will enhance
the experience of our clients without worrying about the
short-term impact on profits. Our partnership in 2016 with
LGT, wholly owned by the Princely Family of Liechtenstein,
has allowed us to continue under private family ownership.
Our entrepreneurial approach, together with LGT’s financial
stability, enables us to make decisions that we believe will
provide long-term benefits for our clients.
Our obsession is ensuring our clients enjoy being clients of
the firm and feel supported at a global level. We continually
strive to ensure that we never take our clients for granted
and always remember that we must continuously earn the
right to look after our clients’ wealth.
Paul Nixon
CEO LGT Vestra US
5
LGT and LGT Vestra USat a glance
LGT Vestra US is a subsidiary of LGT Vestra LLP. LGT Vestra LLP is a UK-based wealth management firm and is part of LGT, the world’s largest private bank and asset manager owned by a single family, the Princely House of Liechtenstein, for over 80 years.
Private ownership means we take a long-term approach to
wealth management, avoiding short-term actions that may
compromise the stability of our firm, and crucially the trust
of our clients.
Long-term strategy and holistic approach
Thanks to our efficient management and organisational
structure, we are able to make decisions quickly and
independently. As a company and an investor, we take
a long-term holistic approach, and are actively involved
in promoting the sustainable development of society
and the environment.
Conservative balance sheet and financial stability
LGT has a healthy balance sheet, a high level of liquidity and
is well capitalised. Our equity capital is significantly above the
minimum regulatory requirement and reflects the financial
strength of our company, including international comparison.
Investment expertise dedicated to serving our clients
We combine an in-depth perspective of our clients’ needs with
an active approach to investment management. With access
to the key international investment and financial centres,
we can identify and realise attractive investment opportunities
around the world. When it comes to structuring and managing
portfolios, our clients benefit from the extensive capabilities
of our specialists.
LGT Group: financial highlights as at 31 December 2019
Assets under administration GBP million 177 687
Total assets GBP million 38 547
Equity capital GBP million 3 601
Total operating income GBP million 1 417
Group profit GBP million 240
Headcount 3 662
Moody’s/Standard & Poor’s ratingsfor LGT Bank Ltd., Vaduz Aa2 /A+
LGT Vestra Group: financial highlights as at 31 December 2019
Assets under administration GBP million 14 458
Private client assets under administration GBP million 10 470
Institutional assets under administration GBP million 4 080
Headcount 358
n Portfolio management services for US connected clients
n Wealth planning
n UK Tier 1 investor visa services
n Access to Alternative investments*
n Investment advisory
n Portfolio lending‡
Our range of services
*Subject to eligibilty.
‡Subject to individual circumstance. Service not provided directly by LGT Vestra US.
6 Our company
For all LGT locations, please visit www.lgtvestra-us.com
International presence with a local foothold
Whether in Liechtenstein, Switzerland, Austria,
the United Kingdom, Singapore, Hong Kong, Dubai
or Bangkok: we have a foothold on the ground and
will serve you locally.
We offer our private clients access to a range of international
booking centres, irrespective of their domicile. Group-wide,
we employ over 3600 staff in over 20 locations in Europe,
Asia, the Americas, Australia and the Middle East.
Europe Principality of Liechtenstein, Vaduz
Austria, Salzburg, Vienna
France, Paris
Ireland, Dublin
Switzerland, Basel, Berne, Davos,
Geneva, Lugano, Pfäffikon, Zurich
United Kingdom, Bristol, Jersey, London
America United States, New York
Asia China, Beijing
Hong Kong SAR
Japan, Tokyo
Singapore
Thailand, Bangkok
Australia Sydney
Middle East Bahrain, Manama
United Arab Emirates, Dubai
7
8
Your Serene Highnesses, one of the things that sets
LGT apart is that it doesn’t just manage client portfo-
lios, but also a large part of your family’s assets for
over twenty years. Which investment principles do
you follow when investing for the family?
H.S.H. Prince Philipp: We take a long-term perspective to
investing the family’s assets and to mitigate risk, we diver-
sify them very systematically across different asset classes,
including so-called alternative investments.
H.S.H. Prince Max: Investing in a way that is disciplined,
organized and strategic has always been important for us.
In the context of today’s global challenges, investing strate-
gically increasingly also means investing sustainably. This is
one of the biggest and most important investment trends,
which is why we have systematically integrated sustainability
into our investment strategy.
Have these principles proven successful?
H.S.H. Prince Max: I am convinced that they have. If you
take a disciplined and systematic approach, you learn from
your successes and your failures and can continuously
improve. In addition to positive investment performance,
the systematic approach has also helped us to build up
additional investment expertise, for example in private
debt or insurance-linked investments. We don’t just apply
this expertise to managing the family assets, we also offer
it to our clients.
H.S.H. Prince Philipp: We compare the investment returns
we generate on the family assets with those of the endow-
ment funds of the big American universities. They serve as
a kind of example for us, and we have absolutely been able
to keep pace with them over the last twenty years in terms
of performance.
You mentioned that sustainability is one of the big
trends in wealth management. Do you think a para-
digm shift is underway, and that financial returns are
becoming less important while environmental and
social aspects are becoming more of a focus?
H.S.H. Prince Max: I think that a paradigm shift is indeed
underway, although financial returns of course remain key.
In the future, investors and analysts will assess a company
much more based not only on their operating results, but
also in terms of the value they generate for society and
the environment.
H.S.H. Prince Philipp: When I speak to clients about sustain-
ability, two approaches frequently come up: for ethical
reasons, many clients don’t want to finance companies or
activities that are questionable in terms of sustainability.
Some even want to specifically invest in companies or
activities that contribute directly to solving social or envi-
ronmental problems. Other clients are more focused on
risk. They analyze their portfolio in terms of sustainability
risks and consider how these can be avoided. Ultimately,
both of these approaches will result in an increasing
number of sustainable investments.
“Personal advice will never become a thing of the past”
How LGT invests the assets of the Princely Family and which trends are important for investors.
H.S.H. Prince Philipp von und zu Liechtenstein, Chairman of LGT since 1990.
Interview
9
What kind of role can a company such as LGT play in
the transition to a sustainable economy?
H.S.H. Prince Max: We are intermediaries between investors
and companies or countries seeking capital. As such, we see it
as our role to sensitize clients to sustainability and to ensure
that they are not caught off guard by important developments
and trends in this area but instead, can benefit from them.
H.S.H. Prince Philipp: A good example of this is the LGT
Sustainability Rating, which we use to assess equities and
bonds but also funds according to environmental, social
and governance criteria. This rating gives our clients important
guidance on their investments.
In addition to the trend towards greater sustain-
ability, investors are also currently experiencing
what are probably the lowest interest rates in
history. What should they be preparing for in the
medium to long term?
H.S.H. Prince Philipp: Sooner or later, interest rates will return
to more normal levels. This could have a significant impact
on various financial markets, and investors should prepare
themselves for this early on. For example, they should diver-
sify their investments to the best possible extent and integrate
many different sources of risk and return into their portfolio.
H.S.H. Prince Max: Over a longer period of time, we’ve seen
a strong rise in equities and other real value assets. This was
primarily driven by expansionary monetary policy, but this
policy is slowly losing its effect. At the same time, we are
facing major social, political and environmental challenges.
If you also consider that cycles, and therefore also the ups
and downs of the financial markets, are part of our system,
it makes sense to think carefully about which investment
strategies and expectations are appropriate for this unique
environment. I suspect that the low interest rate environment
will remain with us for some time and that average yields
will suffer as a result.
The private banking industry is also experiencing
significant upheavals. Regulation and digitalization
are playing an important role in this. How will LGT
further evolve in this environment?
H.S.H. Prince Max: We have worked through the current
regulation very well. But regulation will continue to be an
important matter that banks need to concern themselves
with, and as a result, so will clients. As far as digitalization
is concerned, we have systematically integrated a lot of
the new opportunities that it brings into our processes
and products. Digitalization enables us to make internal
processes more efficient and to offer our clients even
better services.
H.S.H. Prince Philipp: People can already do a lot of their
banking from their cell phones and monitor how their port-
folio is performing regardless of the time or their location.
But our clients will continue to want to have personal contact
with their relationship manager when it comes to discussing
certain matters. For example, speaking to someone directly
about what kind of scenarios could become a reality and the
impact those could have on their portfolio. That’s not some-
thing a machine can provide. Personal advice will change, but
it will never become a thing of the past. It’s like in medicine:
the Internet will not be able to replace a personal consultation
between a patient and a doctor.
H.S.H. Prince Max von und zu Liechtenstein, CEO of LGT since 2006.
The Princely House of Liechtenstein
The line of descent of the Princely Family of Liechtenstein began
with Heinrich I of Liechtenstein (1216–1265), who was given
freehold ownership of the baronial estate of Nikolsburg in South
Moravia from King Ottokar of Bohemia. In 1699, Prince Johann
Adam I acquired the Lordship of Schellenberg, followed by the
county of Vaduz in 1712. In 1719, the territories were united and
elevated to the status of Imperial Principality of Liechtenstein.
Today, the Principality of Liechtenstein is a constitutional mon-
archy and sovereign state in the heart of Europe. As the head
of the Princely Family and also the head of state, the reigning
prince exercises sovereign authority together with the people.
The Princely Family is active politically and pursues numerous
business activities. It is a keen advocate of the arts, sciences and
social welfare. www.fuerstenhaus.li
“Wealth has many facets, as does its management.”Paul Nixon, CEO LGT Vestra US
Two sides, one story
Investment decisions are driven by
hopes, fears and dreams as much
as by facts and analysis.
There is the process: the analysis of risk and
opportunity and the examination of financial
instruments. There is the science: the knowledge
and experience that distils meaning from the
limitless flow of data. And there is the art: of
constructing portfolios, managing investments
and growing wealth.
These are tasks at which the rational, left-hand
side of our brains excel and they are the essence
of our wealth management process. But they are
only half the story.
Investment decisions are driven by hopes, fears
and dreams as much as by facts and analysis.
We realise that wealth has social and human
dimensions that are nurtured by the emotional
right-hand side of our brain.
Understanding the full picture, looking at it from
left and right, is what we do at LGT Vestra US.
We share your wish to reach a greater understanding
of your wealth planning needs. Empowering you
to realise your unique aspirations is the objective
of our relationship.
Working with the Princely Collections
For more than 400 years, the Princes of Liechtenstein have
been passionate art collectors. The Princely Collections
include key works of European art stretching over five centuries
and are now among the world’s major private art collections.
We make deliberate use of the works of art in the Princely
Collections to accompany what we do.
The following pages introduce our cornerstones. We have
chosen artworks from the Princely Collections to help bring
to life the two sides of our wealth management ethos,
the emotional and the rational.
11
Jose
ph
Dan
hau
ser
(18
05
–18
45),
det
ail f
rom
“Th
e g
reat
ele
pha
nt”
Trust
We stand by our beliefs and will only invest with conviction.
By looking at the whole investment market, we ensure the
advice we give is impartial and most appropriate for you.
We operate for our clients – sales targets do not drive us.
Our fees are always transparent, and we take full responsibility
for managing your portfolio and monitoring risk. We want
nothing to cloud our judgement or colour our advice because
trust is paramount.
13Two sides, one story
Our people are our brand and they uphold the values of
honesty and integrity at all times. We never lose sight of the
fact that it is your money in our care. If we do not manage
your portfolio to the best of our ability and in line with your
expectations, then we do not deserve to manage it at all.
“We want nothing to cloud our judgement or
colour our advice because trust is paramount.”
– Trust
14 Two sides, one story
Joha
nn M
ath
ias
Ran
ftl,
det
ail f
rom
“G
oin
g to
chu
rch”
, 18
46
Pom
peo
Gir
ola
mo
Bat
on
i, w
ork
sho
p, d
etai
l fro
m “
Do
ub
le p
ort
rait
of
Emp
ero
r Jo
sep
h II
and
his
bro
ther
Leo
po
ld,
Gra
nd
Du
ke o
f Tu
scan
y”,
1769
Stability
We are one of the few global wealth management firms
in private ownership. Our parent company LGT Vestra LLP,
founded in 2008, is a UK-based partnership between
LGT, wholly owned by the Princely Family of Liechtenstein,
and the executive partners of LGT Vestra LLP.
We have access to a range of international booking centres
as a Group and have offices in the world’s key financial
markets. Our private ownership ensures a long-term outlook
and financial stability, which together with a shared vision,
creates the essence of our business.
17Two sides, one story
“Our private ownership ensures a long-term outlook
and financial stability, which together with a shared
vision, creates the essence of our business.”
– Stability
Our fresh approach to wealth management focuses on
building lasting partnerships with our clients and their
families, developing trust through transparency in all
of our actions, and maintaining our entrepreneurial spirit.
As a result, we always take a long-term approach to our
decisions, avoiding short-term actions that may compromise
the stability of our firm, and crucially, the trust of our clients.
18 Two sides, one story
Nat
ale
Sch
iavo
ni,
det
ail f
rom
“Po
rtra
it o
f Pr
ince
Jo
hann
l vo
n Li
echt
enst
ein
in t
he
circ
le o
f h
is f
amily
”, 1
817
Pete
r Pa
ul R
ub
ens,
det
ail f
rom
“D
eciu
s M
us
rela
tin
g h
is d
ream
”, 1
616
/17
Two sides, one story
Flexibility
Our investment offering for direct clients is bespoke.
We build your portfolio based on the direction you
want to take and what you want to achieve aligned
with the level of risk you are prepared to take.
The core element of our philosophy is disciplined asset
allocation across the full spectrum of asset classes and
the permanent risk monitoring of portfolios. Our processes
are based on achieving your goals while working entirely
within your risk parameters.
21
We know there is a sliding scale in all of us,
one that moves between the desire for complete
control and our wish to take a step back.
Granting you the freedom to choose the level
of investment that suits you is fundamental
to how we manage your wealth. Striking the
appropriate balance between risk and return
is essential. Our process starts with you and
ends with your portfolio.
“Our processes are based on achieving your goals
while working entirely within your risk parameters
because we know there is a sliding scale in all of us.”
– Flexibility
22 Two sides, one story
Elis
abet
h V
igée
-Leb
run,
det
ail f
rom
“Po
rtra
it o
f Pr
ince
ss K
aro
line
von
Liec
hten
stei
n as
Iris
”, 1
793
Fran
cesc
o C
asan
ova
, d
etai
l fro
m “
Equ
estr
ian
po
rtra
it o
f Pr
ince
Wen
zel A
nto
n K
aun
itz–
Rie
tber
g (1
711–
179
4)”
Two sides, one story
Expertise
The ethos of our business has allowed us to attract some
of the best talent in our industry, drawing together in-depth
experience from multiple disciplines. We pride ourselves
on our team’s technical capability, knowledge and skills.
Along with this, they share a strong sense of collaboration.
We believe knowledge pooled fosters more intelligent,
more informed decisions. The highest levels of professionalism
are essential.
25
We also understand the importance of strong personal skills.
While our backgrounds may be different, we share a defined
set of values: a friendly, open attitude to client relationships,
a willingness to embrace new ways of working and a desire
to work towards our clients’ best interests. This allows us to
provide personal and actionable advice so you can make the
most informed decisions for the long term.
“The highest levels of professionalism are essential yet
we also understand the importance of personal skills.”
– Expertise
26 Two sides, one story
Dav
id R
ycka
ert,
det
ail f
rom
“H
ou
se m
usi
c”,
165
0
Joha
nn D
allin
ger
vo
n D
allin
g th
e El
der
, d
etai
l fro
m “
Wh
ite
ho
rse
bei
ng
sho
d, w
ith
the
Liec
hten
stei
n co
at o
f ar
ms
in t
he
bac
kgro
un
d”,
aro
un
d 17
40
Commitment
The increasingly complex world of investment demands
increasing levels of specialisation. Our Investment Committee
analyses the macroeconomic outlook with an eye on the
future and determines an overall asset allocation as a guide
to our investment managers. This is coupled with our specialist
committees, which assess all asset classes, determining the
optimum implementation options. This coordinated approach
helps your investment manager to focus on you, implementing
only what is right for you.
Two sides, one story 29
We know there is no typical client. Every single one is
unique and we strive to deliver a personalised service
to match your individual situation. Your investment
manager and their team will focus on your requirements
and tailor solutions to your needs. We fit the portfolio
to you, never the other way around.
“Our committed approach helps your investment manager
to focus on you, implementing only what is right for you.”
– Commitment
30 Two sides, one story
Nat
ale
Sch
iavo
ni,
det
ail f
rom
“Pr
ince
ss S
op
hie
vo
n Li
echt
enst
ein
(179
8–1
869
) an
d V
ince
nz
Co
unt
Est
erhá
zy-G
alan
tha
(178
1–18
35)
in a
par
k n
ext
to a
n Er
os
stat
ue”
, 18
17
“You’ve got broad horizons, your investment manager should too.”Paul Nixon, CEO LGT Vestra US
LGT Vestra US is a specialist subsidiary of wealth management firm LGT Vestra LLP, set up specifically to help clients with personal and financial connections to the US.
Our investment philosophy is simple. With a mind on
what has happened in the past, we look ahead to assess
what may happen in the world, gauging the possible
impacts of events on future returns. The world is changing
fast and asset classes that may have performed well
in the past may not do so in the days and years ahead.
We look for areas of the market that we believe will
respond well to future changes in the economic and
political landscape and allocate the portfolio weightings
accordingly.
We have always striven to reduce the opacity of the
investment industry. We believe that having a global
perspective is the best way to achieve our clients’
goals. That is why we offer two ways of investing
that have an international approach at their core.
We offer a bespoke service that enables us to tailor
a portfolio to your individual requirements and risk
profile, taking into account your lifestyle, your financial
objectives, currency exposure and tax constraints.
Where appropriate we also offer a model portfolio
service that provides a cost-effective investment solution
to access a range of risk-rated investment strategies
that invest in global financial markets.
Our services
As our role is to invest on your behalf, quite simply,
if we cannot understand how an investment can provide
benefits to you, we will not use it. We are unlikely to
hold investments or invest in a geographic area simply
because a benchmark does. We invest where we believe
we will add value to our clients, either to mitigate risk
or to deliver a positive return over the expected period.
We are conscious that risk has different meanings to
different people. It might mean the loss that could occur,
an investment not keeping pace with inflation or a lack
of liquidity when you need it. It is our job firstly to ensure
that we understand what it means for you and then
to try to deliver the right outcome.
LGT Vestra US is authorised and regulated by the
Financial Conduct Authority in the UK and is a Registered
Investment Adviser with the Securities & Exchange
Commission in the US.
33
Wealth management for US connected clients
While the world shrinks, our ambitions expand
We help US citizens and Greencard holders overcome
the diverse challenges faced when it comes to individuals’
financial affairs. Any investment decisions we make take
into account the tax implications and constraints that are
unique to your personal situation.
Our international expertise means that we can help
you construct and implement an investment strategy,
unburdened by any US tax constraints. To assist with
your tax reporting obligations, we provide you with
an annual tax-pack designed specifically for your
unique circumstances.
We believe in working closely with your other professional
advisers, tax or legal, to ensure that we are all aligned
and working in your best interests.
Our team is dedicated to helping clients wherever they
reside, with a focus on clients’ individual investment goals,
through a transparent fee structure. Our clients include
US citizens, trustees, companies and charities, as well
as offering investment services for general investment
accounts such as ISAs, UK and international pensions,
charities, trustees and private companies.
For US residents, we can provide investment services
across a range of products including US pensions,
529 plans, US qualifying insurance products, as well as
general investment accounts. We can arrange custody in
the UK, US and offshore.
Portfolio management
Good investments should come as no surprise
Our approach is simple. We offer informed, objective
advice based on your aspirations and calibrated against
the level of risk you are comfortable with. We create a
bespoke portfolio to meet your individual requirements.
We provide clients with access to international financial
markets, and ensure that any investment strategy is
not burdened by local tax limitations wherever you reside.
We recognise that everyone has their own preference
as to how they wish their money to be managed, so we
allow you to choose precisely how involved you are with
the daily management of your assets.
Discretionary Portfolio
Our investment process defines the structure of
these portfolios, but the day-to-day management
is given to your personal investment manager.
This is the choice for clients who wish to delegate
all investment decisions to someone else under
the terms of an investment mandate.
Advisory Portfolio
Maybe you prefer to be more involved with both
the investment strategy and the day-to-day decisions.
Your investment manager will have an understanding
of your objectives and sensitivity to risk, and will
match investment ideas accordingly. No transaction
will be executed without your prior agreement.
We provide US and UK tax reporting and take into
account currency exposure, regulatory constraints
and lifestyle requirements.
34 Services
Strategic Model Portfolio Service
Everything we believe about investing in one place
Our aim is to give clients access to financial markets
and an investment strategy in a way that is effective
and efficient wherever they reside.
We understand different investments hold different
appeal, depending on a client’s background, whilst
also recognising how different asset classes will perform
in different market conditions. We are hands-on when
it comes to managing our portfolios, and our rigorous
investment process means we do not invest in anything
we do not believe in.
Using this approach we have created a range of
investment strategies designed to meet a wide array
of tastes, and varying appetites for risk. Our model
portfolio service allows advisers and their clients
the benefits of accessing LGT Vestra US investment
capabilities via a cost-effective and streamlined solution.
We have four core model portfolios available in GBP and
USD, that range from low risk to very high risk. Each
one is actively managed to achieve its risk and return
objectives. All our investment strategies are managed with
due consideration to global tax constraints.
Wealth planning
A dream without a plan remains a dream
This service is dedicated to the provision of financial
planning to individuals, companies, partnerships
and trusts with a US connection. We present
you with a personalised strategy to structure your
short, medium and long-term plans, all within the
parameters of your financial resources. Our comprehensive
proposition endeavours to help you meet and maintain
your ambitions. We have the specialist expertise
and experience to guide you through the financial
landscape and your geographic location, to effectively
implement a plan that will meet your financial goals.
Our proactive and long-term approach with clients
means we periodically review the progress of your
recommended strategy and can discuss any changes
needed as a result of legislation or your personal
circumstances. When providing advice, we consider the
whole of the relevant market to identify the solutions
which best suit you.
Our service includes advice in the following areas:
pension accumulation and retirement planning,
inheritance tax planning and devolving wealth to
future generations, providing for school fees and
assisting non-UK domiciled and non-resident clients
to arrange their affairs in a tax compliant manner.
35
UK Tier 1 investor visa services
You’ve got broad horizons, your investment manager
should too
For US citizens entering the UK, we construct an
investment portfolio to meet the criteria set by the
UK Border Agency (UKBA). We maintain a close working
relationship with your other advisers to ensure your
portfolio, and the reporting of it, are in accordance
with UKBA and any legal advisers’ requirements.
We work with you to create an investment portfolio
that meets your individual needs and appetite for risk.
A minimum of £2 million will be invested in UKBA
“qualifying” securities, and your investment manager
will regularly monitor your portfolio to ensure it
is continuously invested over the defined period,
and in accordance with Tier 1 rules.
In line with UKBA requirements, you receive regular
reporting that includes confirmation UKBA parameters
have not been breached, and investments have been
maintained for the period.
Our investment managers have genuine expertise working
with, and advising US connected clients in the UK, as well
as experience managing Tier 1 investor portfolios.
Alternative investments
The road less travelled can be the road more rewarding
We can help you to unlock investment opportunities in
private equity and commercial property. Whether you’re
a high-net-worth individual or a professional investor,
our specialist team will help you to gain access to direct
investment opportunities in these often rewarding sectors.
We source and research new and existing unlisted
investments. We also bring together clients who share
an appetite for a particular asset or opportunity to create
bespoke investments.
We have a pool of experienced business people to help us
validate opportunities. And as entrepreneurs ourselves, we
appreciate the issues facing investors in new ventures. Our
specialist team research and source unregulated investment
opportunities and can bring together groups of clients
who may share a similar appetite for a particular asset or
opportunity to create a bespoke investment.
We specialise in Enterprise Investment Schemes (EIS)
ensuring the inherent multiple tax relief and the investment
opportunities we access are exclusive to us and our clients.
For US citizens in the UK, EIS can offer an alternative way
of utilising excess foreign tax credits. We also provide our
clients assistance with their inheritance tax planning by
identifying investments that utilise business property relief
on a range of alternative assets with varying degrees of risk.
While the less liquid investments in which we specialise
have the clear potential to deliver significantly higher
investment returns than their mainstream quoted
counterparts, unsurprisingly they can also generally be
expected to involve a higher degree of risk to capital, and
the assessment, control and communication to our clients
of the risks involved is a fundamental part of the private
markets service we provide.
36 Services
“We always remember that we must continuously earn the right to look after our clients’ wealth.”Paul Nixon, CEO LGT Vestra US
37
Important informationLGT Vestra US Limited (“LGT Vestra US”) is a registered Company in England & Wales, registered number 06455240. Registered Office: 14 Cornhill, London EC3V 3NR. LGT Vestra US is Authorised and Regulated by the Financial Conduct Authority in the United Kingdom and is a Registered Investment Adviser with the Securities & Exchange Commission in the United States.
This publication is marketing material. It is for information purposes only. It is intended for confidential use by the recipient. It is not to be reproduced, copied or made available to others. This document is considered to contain information about LGT Vestra US and other affiliated entities. This document does not
constitute advice or a personal recommendation or take into account the particular investment objectives, financial situations or needs of individual clients. This document is not intended and should not be construed as an offer, solicitation or recommendation to buy or sell any investments. You are recommended to seek advice concerning suitability of any investment from your investment adviser.
When we provide investment advice it is on the basis of a restricted approach that is to say, whilst we review and advise on retail investment products from the whole of the investment market and can also advise on direct investments, we will not consider your wider financial planning and pension requirements, unless you wish us to do so when we will refer you to one of our wealth planners.
Past performance is not a reliable indicator of future performance; and the value of investments, as well as the income from them can go down as well as up, and investors may get back less than the original amount invested.
The information and opinions expressed herein are the views of LGT Vestra US and are based on current public information we believe to be reliable; but we do not represent that they are accurate or complete, and they should not be relied upon as such. Any information herein is given in good faith, but is subject to change without notice. No liability is accepted whatsoever by LGT Vestra US or its employees and associated companies for any direct or consequential loss arising from this document.
LGT Vestra US Limited
14 Cornhill
London
EC3V 3NR
Our number: +44 (0)20 3207 8000
Our website: www.lgtvestra-us.com
38
“Our focus is on ensuring we meet and exceed our clients’ expectations wherever they are.”Paul Nixon, CEO LGT Vestra US
LGT Vestra US Limited14 Cornhill, London EC3V 3NRPhone +44(0)20 3207 [email protected]
www.lgtvestra-us.com
0118
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