“The association and collaboration of the three firms represents a significant step toward a global alliance of independent family offices and comes at a time when very wealthy families are seeking independent providers with global outlook and capability to help them manage their increasingly globalized wealth enterprises,” WE said in a statement.

They will remain separate companies and continue to advise and serve clients independently, but will collaborate to leverage the investment opportunities, relationships and services of each firm.

Mel Lagomasino, chief executive at WE, and Michael Zeuner, managing partner of WE, will serve as non-executive directors at Wren.

“The launch of Wren Investment Office is an exciting development. The philosophy of sustaining family wealth by managing it like a well-run company has been highly successful here in the US and it is a philosophy our colleagues in Europe fully subscribe to,” Lagomasino said.  

Wren’s senior management team have a history of working together at Lord North Street, Daniel de Fernando, and, more recently, Sandaire.