Mr Toubkin will work with the existing team to develop the company’s wealth planning service to UK and international clients. 

He will be based in the firm’s London office and will report to Susie Hillier, partner and head of wealth planning. His appointment is effective immediately. 

Stonehage Fleming is a major global family office with a presence in Europe, the Middle East and Africa. The group advises on over £60bn of assets and includes an investment business with more than £16bn under management for families and charities. The firm is approximately 50% owned by management and staff and employs over 900 people in 14 locations around the world. 

Mr Toubkin has worked in private wealth management for over 15 years and joins from London West End-based Strabens Hall, where he was senior client director, member of the investment committee and senior management team. 

At Strabens he was responsible for advising ultra-high-net-worth (UHNW) and high-net-worth (HNW) international clients on investment consulting, Financial Planning and wealth structuring services. 

Prior to that, he was a Financial Planner and wealth manager at Tilney and in 2006 he began his career at Coutts, appointed to director and wealth manager in 2012. He holds an MBA rom IMD Business School, Switzerland.

Stonehage Fleming Wealth Planning is part of the Stonehage Fleming Group and provides Financial Planning and investment advice covering investments, pensions and protection.

Susie Hillier, head of wealth planning, said: “We are very pleased to welcome Nick to the wealth planning team. Close relationships and a deep understanding of our clients is at the heart of Stonehage Fleming’s offering. Nick’s wealth of expertise advising international UHNW and HNW individuals with complex needs makes him well suited to contribute significantly to our rapidly expanding, talented team.”

Mr Toubkin said: “I am thrilled to join Stonehage Fleming.  The firm’s depth of knowledge and experience across a range of advisory areas is unparalleled, which combined with its established pedigree and international footprint will continue to make Stonehage Fleming a firm of choice for discerning HNW and UHNW clients.  It is an exciting time for me to join the company, and I’m very pleased to have the chance to contribute to the future growth of the firm.

“The needs of our clients are constantly evolving and we as advisers must be able to offer broader services and have a deeper understanding of the issues they may face. Stonehage Fleming’s practical wisdom that comes from years of working with similar clients means that they are uniquely positioned to service both the most complex of needs, as well as those which are straightforward. It is an exciting time for the company and it gives me great pleasure to be a part of the journey.”