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THE ALCHEMIST

A year on from the merger of two 19th-century stalwarts, Kleinwort Hambros’ Paul Kearney is looking to technology to take the business forward but remains committed to a disciplined investment approach that is the perfect mix for clients

Wealth manager profile Paul Kearney, Kleinwort Hambros

Overseeing the creation of one of the biggest wealth management firms in the UK is, you would imagine, a complicated task with a plethora of issues. However, the most lasting decision comes down to a single detail: a new name.

That the official unveiling of the Kleinwort Hambros brand – created following Société Générale Private Banking Hambros’ acquisition of Kleinwort Benson’s private banking arm last year – was met with applause from staff was a key moment for managing director Paul Kearney. He was all too aware of the historical significance of the existing firms’ names, both with roots in 19th-century merchant banking.

The significance was not lost on clients either, says Kearney, many of whom were loyal to the old Kleinwort Benson name, originally created after a 1961 merger.

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