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

Turning tax year-end regret into a new tax year opportunity

Turning tax year-end regret into a new tax year opportunity

The most common regret is leaving things too late

Sophie Hall
clock 24 June 2026 • 3 min read
Why does Britain keep shooting itself in the savings crisis foot?

Why does Britain keep shooting itself in the savings crisis foot?

'Private pensions are no longer simply a retirement savings vehicle. They have become a growing source of tax revenue'

James Floyd
clock 24 June 2026 • 4 min read
'Bolder moves on taxation' likely if Burnham takes prime minister role

'Bolder moves on taxation' likely if Burnham takes prime minister role

Changes to CGT would have ‘clear implications for wealth planning’

Sophia Panayi
clock 22 June 2026 • 4 min read