JTC has announced the appointment of Matthias Belz as the new Head of JTC Private Office, with the firm seeing a rise in global interest in its service designed to meet the needs of a new generation of ultra-high net worth families.
Based in Geneva, Matthias will in his new role take on responsibility for continuing to grow and develop the JTC Private Office business, which marks its first anniversary this month. JTC Private Office provides a full range of services to high net worth individuals, single and multi-family offices by bringing together all aspects of their financial/non-financial assets and lifestyle management in one place.
Matthias joins JTC Private Office having most recently been Managing Director at a leading global service provider, where he worked for almost 17 years. With extensive international private client experience over a career of some 25 years across Asia, Europe and South Africa, Matthias has expertise in administration, accounting and finance, investments, real estate, compliance, regulatory, legal and tax matters across multiple jurisdictions.
Iain Johns, Group Head of Private Wealth Services, said: “Over the past year, we’ve been delighted with the global interest we’ve seen in JTC Private Office, in particular from the US and Middle East as well as Europe. Matthias’ truly international experience will undoubtedly prove invaluable in helping to maintain the momentum we’ve seen over the past twelve months and help take the business to the next level.”
Commenting on his appointment, Matthias said: “In JTC Private Office, JTC has developed a hugely powerful solution that is aimed squarely at meeting the increasingly sophisticated needs of a new generation of globally dynamic individuals and families. JTC has also earned a reputation for innovation and first-class client service, delivered by a fantastic multi-jurisdictional team, and I’m looking forward to drawing on those strengths and working with my new colleagues as we continue to grow the business and support the aspirations of families around the world.”
Meanwhile, Director Rebecca Bettany, who has led the day-to-day running of JTC Private Office since launch and who won the ‘Future Leader in Private Client’ Award at the recent Spears Wealth Management Awards 2019, will continue to play a pivotal role in its development by focusing on the home markets of the UK and Channel Islands.
Matthias’ appointment comes shortly after JTC Private Office picked up an award for its proprietary private office technology Edge at the WealthManagement.com 2019 Industry Awards. The innovative online platform, Edge, won the award for ‘Family Offices: Client Initiative’ during a ceremony in New York on 12 September. This was swiftly followed by JTC winning Trust Company of the Year (large firm) at the 14th annual STEP Private Client Awards in London, whilst November saw yet another success for JTC Private Office and its digital online portal Edge at the WealthBriefing MENA Region Awards in Dubai, where it picked up the ‘Best Client Reporting Solution’ award.