Tax-efficient investments could become 'silently mainstream' - Alex Davies

'Entrepreneurialism back in fashion'

Jayna Rana
clock • 2 min read

Alex Davies, co-founder and chief executive of Wealth Club, has outlined expansion plans as the company celebrates its first anniversary.

The ex-Hargreaves Lansdown pensions head, who set up tax-efficient investments service Wealth Club with former Charles Stanley Direct head of investment research Ben Yearsley, said there are still many opportunities in this "untapped market". He said: "We will probably look to offer some sort of discretionary management service or build our own platform exclusively targeting high-net-worth investors. We want to become the number one place for them, like Hargreaves Lansdown but for the slightly wealthier type of person." Davies also believes these investments will become "silently main...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

The right advice for divorcing family business owner clients

The right advice for divorcing family business owner clients

Making it work with proper planning and professional advice

Joanna Toloczko
clock 21 March 2024 • 5 min read
IHT receipts continue to rise as government nets £6.8bn

IHT receipts continue to rise as government nets £6.8bn

Latest figures from HMRC show tax take continues to soar

Jenna Brown
clock 21 March 2024 • 1 min read
Spring Budget 24: Non-dom scrap 'a missed opportunity' for the UK

Spring Budget 24: Non-dom scrap 'a missed opportunity' for the UK

‘It may be possible to trigger foreign income and gains prior to 6 April 2025’

Hope Coumbe
clock 07 March 2024 • 4 min read