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THE GOOD LIFE Luxury


James Morrell, managing director, Rothschild & Co UK Wealth Management


‘Great service isn’t a set menu. Our clients don’t have the same needs at the same time. Sometimes it’s about being thoughtful and sending them a book we think they’ll find interesting; other times it’s an introduction to someone else in our network, or perhaps arranging a loan at short notice. During the pandemic, we’ve embraced video calls and found they can make it easier to “see” clients more regularly and “meet” the wider family. We’ve also hosted numerous online client events, including private wine tastings with members of the same family dialling in from across the world. One time we did a live cook-along with Angela Hartnett, which involved delivering more than 1,000 portions of perishable food to clients’ homes. Occasionally, we partner with complementary brands where our network can provide clients with unique “money can’t buy” experiences or unparalleled access. For example, we held a joint-client Rothschild wine-tasting event with a world-leading Swiss watchmaker where one client was able to obtain a watch for which they’d been on a waiting list for more than five years. As a rule, we constantly ask three questions: “Would the client be impressed by this?” “Have I made this better for the client?” “Is that what ‘exceptional’ looks like?”’


Audemars Piguet customers can unwind at AP House on Bond Street


Daniel Compton, country general manager UK, Audemars Piguet


‘We recently opened AP House on Bond Street. The concept is about experience first – meaning entertainment and hospitality, rather than selling – and about building relationships. We employ people with backgrounds in hospitality. Yes, it’s important they know the product, but it’s about making people feel great. It’s about making people feel in our home with us, rather than in a showroom. So we have a great kitchen, a great bar and a great sound system – we even have a Steinway. Some of our clients are very high-level musicians and sometimes they do impromptu sessions. We cater for birthdays and anniversaries, or host private events for clients to come and watch football. And always we give them the best possible food and entertainment. It’s not just in our four walls. If our clients are welcoming friends or family to London for the first time, we can help organise spa treatments or visits to the Shard, or we can go to our clients’ houses and set up the same experience there. AP House isn’t visible from the street, so it’s extremely discreet – our clients know us and know there won’t be any leaks. And these things are unconditional. Obviously, they’re for existing clients, but there’s isn’t a sliding scale depending on how much you spend on a watch.’


James Morrell, Rothschild & Co


KALORY


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