Ben Yearsley, formerly head of research at Charles Stanley Direct, and ex-Hargreaves Lansdown pensions expert Alex Davies have partnered to offer a new service helping high net worth individuals allocate their assets in a more tax-efficient way.
The new business, named Wealthclub, will offer investors products in four key areas: Venture Capital Trusts (VCTs), Enterprise Investment Schemes (EIS), Seed Enterprise Investment Schemes (SEIS) and IHT-focused investment products, as well as providing information to help investors choose the best options. Wealthclub will operate on an execution-only basis, offering 53 products at launch from providers such as Downing and Foresight. The group said there will be "competitive initial savings" on many of the vehicles available. Clients will be able to access information about the produ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
