At least two Cypriots appear in the Spear’s 500 Wealth Management Survey for 2019.
The Spear’s 500 is a comprehensive guide which recognises top private client advisers, wealth managers and high-net-worth service providers.
Two Greek Cypriots, who reside in London were among this year’s 1,245 entries, which included private bankers and investment managers to family lawyers, tax accountants, property experts and more.
Now managing director of Key Clients & Family Offices, Theophanis Theophanous started working at Barclay’s Private Bank in 2011. “With an impressive track record in the private client space and expertise across wealth structuring and investments, Theophanis Theophanous was an undoubted catch for Barclays Private Bank,” the magazine writes.
With a clientele which spans Dubai, Greece, Russia, Saudi Arabia, and Switzerland and other world resident of London, Theophanous values trust between him and his clients above all. “Clients want an adviser, they don’t want a salesman,” he told Spear’s.
“Theophanous’ sterling reputation is built on the fact that clients have no doubt as to where his loyalties lie. He builds on these relationships with his expertise in international wealth structuring in Greece, Russia, and Eastern Europe, skills he had been honing for ten years as a wealth planner at Deloitte prior to joining Barclays Private Bank. Theophanous is also a master at ensuring clients make the most of every opportunity, even as others see them as potential disasters,” Spear’s writes.
Property adviser of Bruton of Sloane Street, Andrew Kafkaris is the second Greek Cypriot who appears in the list.
According to Spear’s since studying at the University of Reading, “Kafkaris has advised on over £4 billion worth of real estate transactions.”
Kafkaris chaired a round table of industry leaders at the end of last year, which resulted in a strong consensus that professionalisation of the residential property management sector is long overdue. ‘Property managers have peoples’ lives in their hands, yet they don’t currently require a single qualification to their name,’ says Kafkaris.
(Pictures by Spear’s)