Bedrock, the established Private Investment Office located in London and Switzerland, today formally announces that it has opened an office in Monaco.
“Bedrock is an established Private Investment Office with a proven track record in structuring and managing its clients’ wealth portfolios globally. Formed in 2004 by four founding partners who have been associates for over 15 years, each partner brings unrivalled expertise and is committed to maintaining individual client relationships. Providing independent and unbiased advice, clients are exposed to sound investment strategies on a level with what is expected from a large institution, with access to best-in-class fund managers. This enables Bedrock to structure and manage portfolios in a transparent and personal manner. In 2011, Bedrock launched a Family Office service to meet the growing needs of existing and new clients as well as opening an office in Monaco. Today, Bedrock currently employs about 50 people with offices in London, Geneva and Monaco.”
Bedrock Monaco SAM officially opened on 1st September 2011 signalling a very important and natural development in Bedrock’s continued ambitions for growth and new market acquisition. The new office will support the needs of both local clientele as well as existing clients who see clear advantages in doing business through the Monaco platform. London- based Ariel Arazi, Managing Partner and Co-founder commented, Monaco alone holds more than 100 billion Euro of private wealth deposited in local Private Banks and probably more in institutions elsewhere. At Bedrock we will be looking to capture the needs of these individuals and introduce them to high levels of quality service through our extensive expertise and knowledge. Bedrock Monaco will be headed up by new Managing Director and Partner, Jihad Tabbara’ who will be responsible for running the day-to-day operations of the office. He has over 24 years experience in private banking in Monaco and will be supported by three experienced investment professionals. Commenting on the Monaco office and hire of Tabbara, Arazi said, Bedrock has established a premium quality offering for its existing clients and Tabbara’s experience and expertise in private banking in Monaco will help us drive the business in this region. We look forward to growing the client base in Monaco and working together with our London and Geneva teams.