London & Capital and Waverton Investment Management unite as W1M as the firm pursues ambitious growth beyond £21 billion AUM milestone

By London & Capital | 25 Mar, 2025 Following the merger of London & Capital (“L&C”) and Waverton Investment Management (“Waverton”) in July 2024, the company announces today that it will be consolidating its brands under a new name, W1M. The launch of W1M signals the coming together of two…

Market Perspectives January 2025

By Algernon Percy | 09 Jan, 2025 The outlook for interest rates Bond yields have risen markedly. Given that the economic and political prospects in the UK and the US have diverged so markedly in the last three months, it is perhaps surprising that 10-year gilt and US treasury yields…

Paying your tax early to avoid potential double taxation

As an American living in the UK, you are subject to two tax systems with differing deadlines and tax periods. To avoid a mismatch in tax credits most people should look at making early UK tax payments. Why is a pre-payment required? US taxpayers may need to claim Foreign Tax…

Outlook Post Trump Victory

The extent of the victory by former President Trump was not expected but financial markets have been discounting a Trump victory since the end of September. Some of the rise in US 10-year bond yields last month (from 3.79% to 4.28%) were a reflection of that trend. Trump’s policies, including…

London & Capital Expands its European Headquarters with Relocation of Todd Cowan, Executive Director, Providing Dedicated Advice to US and UK Expats

By London & Capital | 07 Nov, 2024 London & Capital, a leader in cross-border and international wealth management services, announces the relocation of Todd Cowan, Executive Director and Wealth Manager, from the firm’s London office to its European headquarters in Barcelona, Spain. With this strategic move, London & Capital…

ANDPAPERS Q4 2024 | The Fed underwrites a US soft landing

By Investment Desk | 30 Oct, 2024 After a robust first half of the year, risk markets experienced heightened volatility in the third quarter. In part, this could have been due to the lingering disconnect between risk markets and economic growth trends in the West: markets are pricing in a…

Organising your offshore capital

In the budget on 30 October 2024, the government will announce further details on the abolition of the non-domiciled regime. The current non-domiciled regime requires certain taxpayers to segregate their offshore capital to ringfence clean capital from other non-UK taxed capital. “Clean capital” is any capital that can be used…

US Market Update August 2024

By Robert Fernando CFA | 09 Sep, 2024 The usually quieter summer months for financial markets stirred to life with concerns over central bank policy, a slowing US economy and corporate earnings guidance.The fall in equity markets during mid-July spilled into early August and by the 5th, the S&P 500…

Risks posed by holding cash as interest rates fall

By Shadrack Kwasa | 15 Oct, 2024 For profesionnal investors INTRODUCTION Inflation has weighed heavily on investment markets for a prolonged period. Central Banks have waged a war against inflation and victory appears imminent as we have seen the most recent inflation readings signalling inflation is coming under control. This…

Non-dom tax reforms and pre-budget planning

By Ed Johnson | 16 Oct, 2024 INTRODUCTION Labour has proposed that changes to the taxation of non-UK domiciled individuals will likely take effect from 6 April 2025. While we await further details on the Budget to be delivered on 30 October 2024, affected clients are understandably anxious. Abolishing non-dom…

How to manage sudden wealth

Sudden wealth is an exciting prospect for anyone. Maybe you’ve received a large inheritance, sold your business after a lifetime of hard work or cashed in on a family property. Whatever the source, there’s a temptation to start making big plans when a financial windfall comes your way. The future…

London & Capital appoints Nicole Ralph as Executive Director

By London & Capital | 20 Sep, 2024 We are delighted to announce the appointment of Nicole Ralph as an Executive Director to our Private Wealth team. Nicole brings over 20 years of experience working with HNW US expats and their families. As a dual US/UK citizen, she has dedicated…

Labour’s Proposed Tax System Overhaul

By Tahir Mahmood and Marco Malagoni | 05 Aug, 2024 The next budget will be held on 30 October 2024 and we are now preparing for anticipated changes. Today, Tahir Mahmood and Marco Malagoni discuss the potential tax changes. Labour has proposed a comprehensive overhaul of the tax system, with…

Why is tax planning important?

Tax planning sits at the heart of every successful wealth management strategy. Talking tax can be difficult. It doesn’t have the glamour of planning an investment portfolio or discussing a lucrative business exit, but tax planning is pivotal to your financial future. Everyone can benefit from understanding the fundamentals. Tax…

Robo Advisers, meme stocks and all the apps: an insight into digital efficiencies in Wealth Management

In the fast-paced world of wealth management, technological advancements have sparked a revolution, fundamentally altering the way clients interact with their advisors. As digital efficiencies continue to shape the industry, clients are redefining their expectations, seeking a blend of convenience, expertise, and personalized guidance. The advent of digital communication tools,…

How can I protect my family’s wealth during turbulent times?

Concerns about family wealth during times of market turbulence are completely understandable. The disruptive economic conditions of the past few years, which have brought inflation and rocketing interest rates in some markets, can be unnerving for those used to calmer times. Families work hard to build their wealth and the…

Rich pickings: Will we see a wealth tax in the UK?

The prospect of a wealth tax in the United Kingdom has been discussed for some time now. Tough economic times inevitably spark debates around inequality and whether the wealthy should contribute more to the public purse. So in a country suffering with a cost of living crisis, the possibility of…

THESEUS, THE LABYRINTH AND THE MINOTAUR

Insurance strategic asset allocation, a tool to navigate the investment labyrinth Investment markets are a labyrinth We have explored some interesting themes in our journey through Greek mythology (multi-faceted risk, active vs passive for insurance, duration vs convexity for insurers). In this next instalment we introduce another Greek hero, Theseus,…

Do HNWIs need to tighten their belts?

One of the most noticeable aspects of the cost of living crisis is how widespread it has become. Nobody seems to be immune, not even the wealthy. Even if you have accumulated a comfortable amount of wealth, you still need to buy groceries, take flights, pay bills and visit restaurants.…

Best strategies for responsible wealth distribution

One of the satisfying aspects of acquiring wealth is that it presents the opportunity to give something back to society. Wealthy individuals will often reach a point in their lives when they would like to use their money to fund deserving causes. For many wealthy people, this charitable instinct will…