Wealth management firm LGT Crestone has appointed an investment adviser to its Adelaide office as the firm focuses on the evolving high-net-worth market in the state.
LGT Crestone, the ex UBS wealth management business that is now backed by the Liechtenstein royal family, has lifted five advisers from rival Escala Partners.
Escala Partners failed in its bid to restrain two former senior executives who moved to LGT Crestone Wealth Management from working in financial services and soliciting clients.