Macfarlanes has advised on the proposed merger between Fleming Family & Partners and Stonehage. The merger will create the largest independent multi-family office in the EMEA region. It is intended that the combined business will be called Stonehage Fleming Family and Partners and will offer an unrivalled range of intergenerational wealth management services for UK and international families.

Stonehage Fleming Family and Partners will serve a client base of over 250 families, and will manage, advise, and/or administer over $43bn (c.£27bn) of assets. It will have combined revenues of approximately $160m (c.£100m), and employ over 500 staff in 14 offices, across 7 countries.

The merger is subject to certain conditions.

The Macfarlanes team was led by corporate M&A partner Howard Corney.