The firm said the appointment is in response to a growing need for advice and family office services that are suited to ultra-high net worth individuals.
Before joining Vestra Juxon spent 10 years as a director and senior private banker at Barclays Wealth and Investment Management, where he specialised in resident non-domicile clients, as well as sitting on the investment committee. Prior to Barclays he was at Morgan Stanley and JP Morgan investment banks.
Vestra Wealth also hired three investment managers in September, in response to what it described as “high-net-worth disillusionment.” The firm was created by founding and senior partner David Scott in 2008 as an impartial adviser, deliberately avoiding manufacturing its own in-house products due to the potential conflict of interest this could create, according to the firm.
Staffed with a number of wealth managers, bankers and family office professionals, Vestra Private Office was established to meet the gap at the top end of the market in order to provide wealth management advice and services in the manner of an “outsourced family office”.