Cortis was latterly the chief operating officer of LGA Australia, and going forwards he will work closely with the firm's chairman Stuart Black on expanding the business.

The firm said it is positioning itself for a new era of wealth creation in Australia and Asia, which will see rising demand for complex wealth protection and transfer services.

Headquartered in St Louis, Missouri, Lowenhaupt Global Advisors works with very wealthy families on wealth planning and transfer, in affilitation with the law firm Lowenhaupt & Chasnoff, and in the US also has an office in New York.