The long-serving chief executive of wealth management firm LGT UK has resigned, with the company stating the UK remains central to the company’s plans.
CEO Ben Snee is leaving for a role outside of financial services but will remain a non-executive director.
LGT UK stated it is one of the top 10 wealth managers in the UK as measured by assets under management, and said the UK remains a “cornerstone” of the group’s growth strategy.
Heinrich Henckel, who previously ran the wealth management firm’s Swiss operation and is on the senior management board of the company globally, will take on responsibility for the UK business.
Henckel will join LGT Wealth Management on January 2, 2026 and assume the role of CEO on February 1, 2026.
He is expected to serve in this capacity for the next two to three years, before a permanent successor is found.
LGT is the wealth management business created and owned by the royal family of Liechtenstein.
H.S.H. Prince Max von und zu Liechtenstein, chair of LGT, said: “Since its foundation in 2008, Ben Snee has developed LGT Wealth Management into a major player in the UK’s wealth management industry.
“Under his leadership, the business has grown consistently, established a strong corporate culture, and significantly increased its client assets.
“I am deeply grateful to him for his contribution and am pleased that he will continue to support us in a non-executive capacity.
“In Heinrich Henckel, an experienced and long-standing banker with in-depth knowledge of both LGT and the industry, we are gaining a highly capable leader who will ensure the continued development of our UK business with skill and reliability.”
david.thorpe@ft.com
