London & Capital opens new wealth management division

Luxury yachtsWealth management firm London & Capital has opened a private investment office division to service ultra-high-net-worth clients.

Headed by partner Iain Tait, the division will offer a wealth management service comparable to what a family provides, but without incurring the expense or administrative burden of establishing a family office.

Tait says that as an individual’s wealth increases, so too does the complexity associated with the managing their financial affairs.

The division was created by merging the company's specialist investment team with its ultra-high-net-worth team.

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