KPMG has strengthened its family business offering with Catherine Grum as Head of Family Office. Grum will bring in her expertise and knowledge to develop the firm’s dedicated Family Office service, which is set up as part of its £40 million strategic investment ‘Enterprise initiative’.
Catherine Grum makes the move to KPMG from Salamanca Group, where she has fulfilled the role of Managing Director and Head of the Private Office since 2014. At the firm, she was responsible for developing and managing a new business model designed to help families with complex needs. Before joining Salamanca Group, Grum acted as Head of Wealth Advisory (EMEA) for Barclays Wealth & Investment Management from 2008 to 2013. In this capacity, she led the delivery of wealth structuring, succession planning and relocation solutions to the bank’s UHNW client base. Grum started her career in 2003 as an Associate at Allen & Overy.
Grum holds a Master in Jurisprudence from the University of Oxford.
At KPMG, Grum takes on the role of Head of Family Office and will be charged with the development of a dedicated Family Office service within KPMG. The Family Office forms part of KPMG’s Enterprise initiative, set up to expand the firm’s service offerings to privately-owned businesses across the UK. “KPMG already delivers a range of services to many Family Offices and has an excellent reputation with clients and the wider market,” explains Grum. “We have identified a gap in the market for one independent firm to offer the breadth of services needed by Family Offices and we want to develop a dedicated practice which will tailor the offering to each client’s specific needs and deliver a market-leading service for them.”
According to Gary Deans, KPMG’s Head of Family Business, the combination of Grum’s track record, extensive contacts and knowledge of the family office sector will be a great asset for KPMG: “She is an extremely valuable addition to the firm’s offering to family businesses and we are delighted that she has joined us for the benefit of our clients.”