Together the two firms’ financial services clients have aggregate assets under management, or advice, totalling $4 trillion (£3 trillion).
Seth Linden, president at DLPR, said: “Our partnership with MHP is a result of months of intensive discussions, well before Brexit was significantly on anyone’s radar.
“That being said, in the post-Brexit environment our value proposition is more compelling than ever. US companies need communications professionals ‘on the ground’ in Europe and Asia who have their finger on the pulse of the rapidly changing business environment while European and UK-based companies, especially, will likely look to the US market, more than ever, as an engine of growth and opportunity.”
MHP, which already has offices in the UK, Germany and Asia, has also announced it is opening an office in Frankfurt, Germany, to support existing client relationships and develop its business in the region. The practise will be led by Christian Pickel, director at MHP Financial.
Emma Smith, chief executive of MHP Asia Pacific and head of MHP’s financial services practice, said: “We believe MHP and DLPR share common values in our approach both to client service – a commitment to providing insight, knowledge and access – and to our practices, which focus on quality asset managers and owners and leading professional services providers. Together we will provide effective business-to-business communications that drive corporate value.”
Andrew Jaques, chief executive at MHP Financial, added: “We are pleased to announce this new partnership with DLPR, and the opening of our office in Frankfurt, Germany. Both initiatives will enable our two firms to offer seamless client service covering the 24-hour news cycle and developments in major world financial markets. MHP has a powerful reputation in UK and Asia, and now DLPR brings a significant US presence.”