In this latest article exploring advisory firms' investment approaches, Brendan Llewellyn asks Tower Hill Associates how it runs some £55m of client assets...
A quick bit about Tower Hill Associates Founded in 2006 by John Lang, it provides wealth management services for a small number of high value clients. Assets under advice are £55m, with the average per client at about £900,000. Clients are retail and often involve multiple family members. The business continues with John as the sole adviser, supported by a paraplanning function provided by ParaPlan Plus and, as of last year, by John's wife who is a former partner at Smith & Williamson. Growth has been strong, with £15m of assets in 2011 rising each year to £25m, £35m, £48m and,...
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