JACK HOLDSTOCK

PICTET WEALTH MANAGEMENT

City
London
Category
UHNW Wealth Managers
Company Size
International
Phone number
020 7847 5000
Email address
jholdstock@pictet.com

‘I guess you can describe me as a conductor of the orchestra,’ says Jack Holdstock, who joined Barclays straight out of university, where he worked primarily in their Geneva office as a private banker before moving to Pictet Wealth Management two years ago. ‘The role requires you to identify the issues at hand and then bring together the subject matter experts and technical specialists as they’re required. To some extent, I suppose you could consider it that of an expert generalist,’ he explains. Holdstock works typically with international families, business owners and professionals and their holding structures, which includes trusts, company structures and partnerships. Most of his clients are resident in the UK and Ireland, or otherwise have interests or family ties to those countries. Working with UK res-non-doms and their extended families is particularly stimulating, he says, because the nature of the clients’ situation means you are dealing with people from a variety of countries and cultures, as well as their relatives and the next generation. ‘It really keeps you interested,’ he says. ‘On the one hand you might be working with a continental family living in the UK, with several generations of investment experience and complex succession issues — on the other hand your client may be a first generation entrepreneur from an emerging market background, building their wealth and exploring family investment governance for the first time.’ Founded in 1805 in Geneva, Banque Pictet is today one of Switzerland’s largest private banks, and a leading independent asset management specialist in Europe, with CHF 479 billion in AuM and/or custody as at June 2017. ‘The key is that we are able to provide a flexible engagement model, which is something difficult to find in the industry,’ says Holdstock. The calibre of banker at Pictet is unquestionably high too, and the working model is first rate. ‘They’re interesting people, independently intellectual but united by a common goal,’ says Holdstock. ‘It’s a very client centric model.’

Jack Holdstock