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Societe Generale Private Banking Hambros launches a new ‘Wealth Partnership Service’

Societe Generale Private Banking Hambros (SGPB Hambros) has launched its new ‘Wealth Partnership Service’.

The service is centred on a new intermediary platform available to a select number of wealth managers, family offices and high net worth Financial Planning and Independent Financial Advisers. These intermediaries will now be able to provide an enhanced service to their clients through a platform which offers custody and an integrated suite of private banking services such as lending, FX, fiduciary services and portfolio management.

This service has been designed in light of the Retail Distribution Review outlined by the Financial Services Authority. As a result, intermediaries and their clients will benefit from transparent, cost effective and extensive private banking services which until now have only been available to SGPB Hambros’ own clients. This development, exclusively for Wealth Partnership members, responds to a demand expressed by the high net worth advisory and wealth management community.

The creation of the Wealth Partnership Service signals an exciting new chapter for SGPB Hambros’ intermediary relations and is part of a worldwide strategy initiated by Societe Generale Private Banking to develop a complete services offering dedicated to Financial Intermediaries.

The initiative will be headed up by Stefano Del Federico, who has been appointed as new Head of UK Financial Intermediaries. Based in London, Stefano will be responsible for promoting SGPB Hambros Wealth Partnership Services to a select number of sophisticated regulated intermediaries wishing to compete at the highest levels for high net worth clients.

Notes to editors:

Stefano Del Federico joined Societe Generale Private Banking Hambros in 2009 and has over 25 years of experience in the High Net Worth financial services and banking markets. He has held a number of senior posts in the industry, including UK Sales Director of Abbey Wealth Management (now Santander), where he was instrumental in the development, creation, launch and promotion of the pioneering Abbey/James Hay WRAP platform to the intermediary market.