Rothschild Wealth Management has opened an office aimed at providing wealth management service to private investors in Milan.

The new office will be led by a team of eight from Morgan Stanley where they have been working together for the last ten years.

In a statement, the team said: "We don’t have any conflict of interests, neither do we have the short-term type of pressure that large banks normally have. Our model is simple. We follow a rigorous and disciplined investment process and we benefit from the work of high-level professionals, who our clients have deep trust in."