Paul Stanfield, chief executive of FEIFA, said Investec Wealth & Investment’s links to Investec Bank will allow members to take advantage of banking products specifically designed for people with an “international outlook”.
“Investec’s service is highly flexible and can be applied to almost any investment medium including offshore bonds, pension funds, charities and trust assets,” added Stanfield.
Tom Milnes, director of business development at Investec Wealth & Investment, will head up the company’s relationship with FEIFA.
Milnes said the company, which has £26.2bn in assets under management, has worked with financial advisers for nearly 25 years, giving it a “unique understanding” of advisers and their clients.
“We look forward to working with and helping FEIFA’s members meet their clients’ investment requirements,” he added.
“FEIFA brings a new professional dynamic to the European adviser market that is closely aligned with our own outlook. We hope that by working together, we can improve client outcomes in this challenging regulatory environment.”
FEIFA is a trade association that aims to provide a voice for the expatriate IFA community operating across Europe. It has member companies active in more than 25 European countries with cumulative assets under management of greater than £3bn.
Earlier this month, the association partnered with alternative asset manager Stenham Asset Management.
