UK-based wealth manager Julius Baer International (JBI) has announced a further expansion of its regional offerings with the opening of a new office in Glasgow.

The firm, which is part of the Julius Bear Group, a private banking company based in Switzerland, said the new office underscored its commitment to offering bespoke services to clients based in Scotland.

The Glasgow office is scheduled to be opened this month, building on its existing Scottish presence in Edinburgh.

The move is part of JBI’s regional expansion strategy, seeking to support further growth in the Scottish market.

Its Glasgow office will undertake investment advisory, and wealth planning advisory activities, as well as client relationship management activities.

Furthermore, JBI announced plans to move into a larger office in Leeds in the first quarter of 2025.

Commenting on the announcement, JBI CEO, David Durlacher, said: “We have teams across the UK who are close to our clients, their businesses and their families.

“Proximity is critical to our success which is why we have been determined to drive the investment and regional expansion in the UK during the past seven years, and we look forward to continuing to do so.

“We are very proud to announce the opening of our office in Glasgow, complementing our existing regional presences in Leeds, Manchester, Edinburgh, Belfast and Newcastle.”

JBI head of UK regions, Jonathan Dobbin, added: “We look forward to building upon the success of our first Scottish office in Edinburgh and to be even closer to our clients.

“The development of Glasgow as a major UK financial hub is testament to the continued growth and innovation of businesses in Scotland and the wealth creation that has resulted.

“We are hugely excited to establish our second Scottish office and demonstrate our ongoing commitment to bringing our global expertise to the local UK market.”

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