Penningtons Manches Cooper is expanding its services with the launch of a private wealth practice. This new practice will be led by Rachel Yao, who has been hired for this purpose.

Further details about the launch and Rachel Yao's role are available from the source. The expansion is part of the company's efforts to grow its services.

The source, Hubbis, provides more information about this development and the company's plans for its private wealth practice.