Lombard International continues to strengthen its presence in the US following its successful integration with Philadelphia Financial in September 2015.
Lombard International, the global wealth structuring firm, has opened an office in New York City.
The new office will be used by Lombard International’s sales team
as the firm looks to expand its roster of services aimed at high
net worth individuals.
“New York City is a financial center for the US and is home to one of the largest concentrations of advisors to high net worth individuals, families and institutions in the country,” said John Hillman, executive chairman of Lombard International. “The opening of this new office was a strategic initiative to cement our stake in the market, as we seek to increase our proximity to both new and existing clients and their advisors.”
Since Luxembourg-based Lombard International’s integration with Philadelphia Financial in September 2015, the firm has taken numerous steps to expand its presence, including several US appointments. The company also recently announced its 2015 financial results - the highest premium income figures in its history, it said.
“As we continue to expand our offerings and build out our executive team, it is important that we place Lombard International into key financial markets, positioning the firm as a leader in wealth structuring solutions with a global footprint,” said Hillman.
Lombard International has over $75 billion in global assets under administration, with around 500 staff members.