18 Acquisition International - Issue 2 2023 Dec22441 Safeguarding Future Wealth Privately owned high-level consulting firm, Intercorp Group specialises in providing tax advice, estate planning, and fiduciary structure solutions to high-net-worth families. We talk to owner of the firm, Leonardo Braune to learn more as it celebrates success in the Leading Adviser Awards 2022. ocusing on clients with assets exceeding $10 billion, Intercorp Group advises on tax efficiency, as well as coordinating the formation and compliance to current local and international legislation for more than 1,500 legal entities, over 80 private investment funds, and more than 200 private family trusts. Since its establishment, Intercorp Group has grown consistently to become a truly international operation with offices in London, New York, and Miami. Leonardo Braune is the founder and managing director of the global consulting firm. He has more than 25 years’ experience providing expert consultancy in the areas of international tax, real estate planning, wealth preservation, fiduciary advice, implementation, and management of international structures and projects. Providing a bespoke range of services to meet its clients’ international needs, Intercorp Group draws on its internal expertise and extensive partner network to plot the most efficient path to success. A primary concern of high-net-worth families is ensuring that their wealth is sustainable, protected both now and for future generations. As a result, many families have long mobilised their assets internationally, safeguarding them against political, economic, or social instability. “Intercorp’s consultants have at their disposal a number of investment vehicles and structures, each of which can have a positive impact upon the tax liability of the investments they support,” explains Leonardo. “At the heart of this is a tax efficiency programme, which employs our comprehensive knowledge of jurisdictional rules to identify the best opportunities for return.” The company also offers advice on the protection of a family business abroad. As a natural consequence of family members moving abroad, many family businesses are expanding into other territories, bringing forth a plethora of considerations regarding the protection of the business. In terms of intellectual property, while clients will have taken care of the processes required to register and protect their brand under domestic legislation, this protection often will not survive under another jurisdiction. As the business expands, both the brand identity and the fundamental concept – the processes or products it trades on – are vulnerable to exploitation by competitors. Intercorp Group ensures the effective preservation and development of brands and intellectual property across several jurisdictions, working with each business to define and integrate the value of their brand and their idea into legally recognised assets of the company. The team can then execute the necessary registration of these assets through trademarks, patents, designs, and copyright in each country of operation. F In making new investments internationally and outside of the family business, the potential liability for risk naturally increases. Intercorp works alongside both the families and their existing advisors to identify ways in which to minimise such risks. “Our consultants will assess and properly protect the invested assets and effectively structure the business to ensure the risks fall directly and solely on the capital to be invested,” Leonardo says. “Our global perspective is particularly valuable for these types of engagements, as we ensure that any structuring undertaken is enforceable and reliable across all territories.” As a family business reaches a point of maturity, this demands the anticipation of a change in structure. This commonly manifests as either: an initial public offering (IPO); a private investment; or a merger or sale, each of these requiring exceptional skill, sensitivity, and precision in their execution. Intercorp Group regularly provides counsel on such matters, working collaborativelywithexistingadvisorsand its trustednetworkof professionals. “Our consultants perform a pre-due diligence investigation on the clients’ business, highlighting potential complications that could affect the proposed restructuring and the company’s corporate attractiveness to other parties. This diagnostics report is a strategic and consolidated representation of the very best advice and clear identification of the courses of action required for their implementation.” Intercorp also deals with investment in real estate which is a very natural endeavour for high-net-worth families who are in pursuit of more tangible ways to invest their wealth. “Particularly popular is foreign investment in the US and UK real estate markets which each raise several estate tax liability issues. These in turn must be mitigated to achieve the families’ investment objectives.” Intercorp Group expertly manages the acquisition and financing processes in collaboration with its network of legal and commercial professionals across the world. The firm’s advice always pays due regard to the individual needs of the family as well as the tax implications imposed both by their domestic jurisdiction as well as those of the country in which they wish to invest. Ultimately, Intercorp Group professionals work to help clients reconcile the consequences of different structures for their real estate investment and decide on a bespoke solution. Recently, Intercorp Group gained recognition in the Leading Adviser Awards and was duly rewarded for its dedication and diligence to clients with the title of Leading HNWI International Investment Structuring Consultancy of the Year 2022 – UK. Now, as the firm looks toward a bright future, it is committed to continuing to provide the best advice for high-net-worth families, with exceptional customer service as standard. Company: Intercorp International Ltd Web Address: www.intercorpgroup.co.uk
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