Richard Jordan, Partner at Trowers & Hamlins, has been named as the firm's new Head of Private Wealth and will oversee the continued growth of the team, which recorded a 56% increase in revenue in 2023.
Richard takes over from Jonathan Kropman who was in the post for six years.
Based in London, Richard specialises in advising international and UK based Ultra-High-Net-Worth individuals and families on all aspects of UK tax, succession and family governance. A significant part of his practice relates to legal work for trustees, private bankers, family offices and others within the private wealth management sector.
Richard was named as one of the ‘50 most influential’ private client practitioners 2023 by private wealth trade title eprivateclient.
The Private Wealth team has vast experience in advising a wide range of wealthy families, individuals and family offices and those in the private wealth advisory sector. The team consists of fee earners across London and Exeter, who also have market-leading experience in advising clients in the Middle East in relation to UK law as well as providing legal guidance when they look to invest in UK assets.
Richard Jordan, commented:
"I am honoured to be taking on the role as Head of Private Wealth at Trowers & Hamlins and helping to continue to grow the team after Jonathan's successful tenure.
"This is an exciting period in the private wealth sector and as a firm we continue to see growth in both the domestic and international private client markets. At Trowers, we are committed to providing clients with market leading legal advice and the recent growth of the team and our long standing presence in the Middle East means we are able to utilise the full strength of our cross-border expertise. I look forward to growing the practice further as we continue to expand our presence in the market."
Outgoing Head of Private Wealth, Jonathan Kropman added:
"It has been a privilege to head the Private Wealth team at Trowers for six years. Now is the right time to pass the leadership to Richard to take the team and its superb business forward. Richard's vast experience, knowledge and reputation within the private wealth sector means he is well placed to continue our expansion both domestically and internationally."
