Multidisciplinary team to address wealth management industry’s full range of legal and regulatory needs
The generational transfer of wealth is a trillion-dollar annual industry in the U.S. and as such, wealth management services are heavily regulated.
With that in mind, Womble Carlyle has launched a comprehensive, multi-disciplinary Wealth Management Practice Group to guide wealth management professionals in complying with regulatory guidelines, overcoming legal obstacles and maximizing outcomes on behalf of their clients.
Firm clients include wealth management advisors and trust departments in commercial banks, mutual funds, private equity firms, boutique investment firms and regulatory/compliance consultants.
Team members include attorneys with backgrounds in trusts and estates, fiduciary litigation, private fund management, fund formation, securities regulation compliance and securities filings, corporate transactions, intellectual property, privacy/data security, employment law, environmental issues and Impact Economy investing.
In addition, the team is working closely with Bond Dickinson’s Private Wealth Practice and its separate subsidiary, BD Wealth Management, to provide clients with creative legal and tax solutions in the U.K. as well as the U.S.
“Womble Carlyle has long served wealth management service providers. Now, we are bundling all of our services to this industry in order to maximize the benefits we can offer these clients,” said David Hamilton, Managing Partner of Womble Carlyle’s Baltimore office and the leader of the Wealth Management Practice Group.
About Womble Carlyle
Womble Carlyle is a 500-attorney law firm that corporate clients rely on to provide core legal services, such as Complex Business Litigation, Mass Torts, Intellectual Property, Corporate & Securities, Finance and Real Estate.
Womble Carlyle has a transatlantic alliance with leading U.K. firm Bond Dickinson to provide clients with domestic legal, regulatory and business advice in both the U.S. and U.K. Thanks to Womble Carlyle’s alliance with Lex Mundi, the world’s largest association of independent law firms, we also can offer clients access to quality-tested local counsel in more than 120 countries. Lex Mundi provides seamless access to local attorneys and market knowledge throughout the globe.