Where Wealth Meets Wisdom.
I Inherited a windfall - it was a blessing and a curse
I Inherited a windfall - it was a blessing and a curse
When Paolo Fresia inherited tens of millions of pounds following his mother's death, it was "a blessing and a curse". At first, he simply acted as though it wasn't happening. Then just 22, "my focus was to run away and pretend that that didn't exist,"…
Dividend Stocks – potential to Outshine Bonds in a Low Interest Rate Environment
As we approach September 2024, a significant shift in the financial landscape looms large. The Federal Reserve, having spent much of the past few years hiking interest rates to combat inflation, is now expected to pivot toward cutting rates. This change could open new opportunities…
Market Correction – What is Ahead for Investors!
Since November 2023 US stocks have rallied almost 30% until the recent drawdown that started in early April. The S&P 500 was down as much as 5.5% in April before the last week’s bounce. Growth-sensitive Nasdaq Index was down nearly 8%, while small-cap stocks were…
Hotel Tycoon Takes £6m Life Insurance to Shield Business from Inheritance Tax Hike
‘I’m insuring my life for £6m to protect family from IHT raid’ More business owners are seeking policies to protect their assets from ‘death tax’ for after they have gone…
The Magnificent Seven’s impact on the S&P 500
The S&P 500, a key barometer of the US stock market, is currently exhibiting a remarkable degree of market concentration. The top 10 stocks within the index now account for 33% of its total market value, significantly surpassing the 27% concentration observed at the height…
What Does Trump’s Inauguration Mean for Your Portfolio?
Political changes, like Trump's inauguration, often cause market swings. Instead of panicking, evaluate your portfolio, assess your risk tolerance, and maintain a balanced investment mix to handle both rallies and downturns.…
Succession planning takes centre stage for private banks
Succession planning can be both emotionally and practically challenging. Owners of family businesses are starting to realise they need to empower their children to take over, but need help from private banks to meet the succession challenge.…
Take Insurance to Protect Against IHT
Families turn to life assurance to swerve inheritance tax reforms. Labour executes ‘economic own goal’ as taxpayers shield cash in death policies Tax planning has taken a large part of families’ inheritance discussions since Rachel Reeves’s Budget, experts say Credit: Kirsty O'Connor / Treasury…
The Labour Government's First Budget Since 2010
The Autumn budget is aimed to enhance UK growth while modestly raising inflation. In this short note, we look at the announced measures and the potential impact it may have on UK assets.…
Trust scandal leaves heirs with huge death taxes
‘Sham’ schemes sold to vulnerable pensioners affect thousands, reports Charlotte Gifford Many families have fallen into financial and legal trouble after being sold misleading estate planning products, believing they were protecting their assets. Instead, these so-called “family protection trusts” have left them unable to sell…
Trump Presses Ahead with Tariffs. What Now?
Over the weekend, Trump issued executive orders to impose a 25% tariff on the majority of imports from Canada and Mexico and an additional 10% levy on all imports from China. Mexican energy imports will be subject to the full 25% duty, but duties on…
Welcome Back Mr President!
Donald Trump will become the 47th president of the United States. The past president is only the second person in American history to be re-elected to non-consecutive terms after obtaining the 270 Electoral College votes required.…