in light of the FSa’s recent report on ‘suitability’, charles Gowlland and Tommy Shillington, investment directors at Smith & Williamson investment management, highlight the importance of an accurate and ongoing assessment of client risk
It is a hard balancing act to capture upside moves in markets and exploit the divergence in returns while protecting from pullbacks. Nevertheless, often the toughest challenges reap the most lucrative rewards.
Dividends may have slipped from view in the late 20th century, eclipsed by more exotic investments, but investors are rediscovering their potential power as an important part of the pursuit of long-term total returns
Creating wealth is considerably different than sustaining that wealth, particularly if you are
an entrepreneur or corporate executive. The path to this particular type of sustainability
can be a perilous one but a Family Office can smooth that path and ensure that it
remains clear for those who will inherit the wealth.
Currently there is a vogue to write about the noble philanthropic urges of the rich. Examples are given of enormous gift and pledges to charity, but little thought to the effective disinheritance of children, who may conceivably view such actions as very far from noble.
Single family offices (SFOs) are missing out on investment opportunities and incurring unnecessary costs because of out-dated misconceptions regarding FSA authorisation and regulation, according to Rosalyn Breedy, managing partner of Breedy Henderson Solicitors.
