TEAM’s NEBA Private Clients adds experienced trio as partners in UAE and Malaysia

Craig Penketh, NEBA Private Clients
NEBA Private Clients, a division of Team PLC and operating from offices in Dubai, Abu Dhabi, South Africa, Malaysia, and Singapore, has appointed Ben Stubberfield, Ciprian Bratu and Craig Penketh as partners to NEBA Private Clients.

In a statement today (12 August), TEAM said the three appointments marked “a significant milestone for NEBA Private Clients, as we integrate the partners global expertise and enhance our offering of comprehensive financial solutions to clients, tailored to their individual needs and aspirations”.

Based in the Middle East, Ben Stubberfield, previously private wealth advisor at Skybound Wealth Management, brings experience in high net worth wealth management to the team, specialising in complex financial planning and investment management.

Ciprian Bratu, managing partner at Bratu Capita based in Kuala Lumpar, Malaysia, brings experienced financial guidance and support.

Craig Penketh ex-senior financial planner at Acuma has spent the past 13 years in the UAE specializing in complex financial planning and investment management, cultivating experience in high net worth wealth management.

John Beverley, Neba’s founder and CEO, “With countries like the UK expected to introduce more punitive taxes for the better off, there is a visible migration of wealth happening now as individuals and families choose to re-locate to places like the UAE and Singapore where they are actively seeking to attract millionaires into their countries by offering favourable tax and investor friendly regulation.

“Neba specializes in looking after the financial affairs of expatriates not just from Britain but from all nationalities. This expertise, having the backing of being a part of a public company and the market leading structure we offer our advisors enable us to attract the likes of Ben, Ciprian and Craig who are all leaders in their markets.

“We are delighted they have joined and expect to announce further senior hires in the coming months across our markets.”

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About TEAM plc

TEAM plc is building a new wealth, asset management and complementary financial services group. With a focus on Jersey and International Finance Centres, the strategy is to build local businesses of scale around TEAM plc’s core skill of providing investment management services. Growth will be achieved via targeted and opportunistic acquisitions, team and individual hires, collaboration with suitable partners, and by organic growth and expansion.

TEAM plc has three principal activities, Investment Management, Advisory, and International.

Investment Management provides discretionary investment management services, model portfolios, bespoke portfolios and fund management services via fixed income and equity fund vehicles.

Advisory primarily for individuals’ resident in Jersey, investment consultancy services to wealthy individuals and trusts and treasury advisory service for institutions, professional advisers, trustees and high net worth individuals.

International is the Group’s financial advisory, fund distribution division and insurance brokering services covering Africa, the Middle East and Asia.

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