We can sometimes be asked to speak to the next generation who feel quite alienated by the wealth their parents have, and it’s a real privilege to give them the confidence to become responsible custodians of that wealth."
After a lifetime of forging a path of your own, your wealth needs protection from eroding forces. For more than 200 years, we’ve been guiding some of the world’s most successful individuals and families with a clear focus on their future.
No two families are alike; each has complex and unique needs. We're here to keep you wealthy, and our extensive network of leading legal and accounting specialists means we can pair you with the best experts to meet your individual wealth management needs.
As a wealth manager, we focus on the fundamentals, rather than prevailing investor sentiment. We are determined to be good custodians of your capital, delivering expected returns for decades to come. As a family working hard to preserve your wealth, you’ll want to focus on understanding your goals and putting an effective financial plan in place.
You might find it helpful to use our wealth management framework to divide your wealth into different 'pots', each with a range of objectives driven by accessibility, target returns and risk tolerance.
Investing for your family
We’re here to help you plan your family’s finances, please read the articles below to learn more.
No parent wants to pass on wealth to their children and watch them fritter it away. Here’s how to give your family the best chance in life while ensuring your wealth is protected for generations to come.
After spending a lifetime building your wealth, inheritance tax can cause a significant amount to be taken by the taxman. In this article we examine how IHT works and what steps families can take to reduce its impact.
Looking to pass on wealth to your children while retaining some control? Family Investment Companies (FICs) can be a useful way to achieve these goals. In this article we consider the pros and cons of using FICs, and the tax benefits of doing so.
Building and maintaining wealth is no easy task. A strong financial strategy is needed to ensure wealth can be preserved and future generations are able to prosper.
Consistency and long-term thinking are the keys to building generational wealth, and Rothschild & Co has been guiding families for more than 200 years.
The best way to build wealth is to invest in a mix of trusted assets which will deliver strong returns over a number of years. Families should try and look past any short-term noise in the market and focus on long-lasting wealth creation across generations.
Inheritance tax is a levy imposed on the estate – including property, money, and possessions – of a deceased person.
The inheritance tax threshold is £325,000, also known as the “nil-rate band”, and wealth above this level is typically subject to inheritance tax at a rate of 40%. The allowance for a spouse or civil partner can be as much as £650,000, if none of their first partner’s £325,000 allowance was used when they died.
In addition to this, you are able to pass on property worth up to £175,000 to a family member or spouse, free of tax. This is known as the “residence nil-rate band”.
Individuals can normally gift up to £3,000 per tax year without incurring any inheritance tax. This is known as the “annual exemption”. There are further exemptions for other gifts, such as wedding or civil partnership gifts from parents. However, inheritance tax rules can be complex, so consulting with a tax professional is advisable.
Insights
The existing ‘non-dom’ tax regime will be abolished in April 2025. The impact on your finances depends on your existing status and how long you have held it, but non-doms should be reviewing their position now and forming a strategy for the future.
Insights
Investing is not just about choosing companies that we expect to achieve success in the short term. It’s important to find businesses which can adapt to a changing world and are part of shaping the future. In this article we explore the risks and opportunities they face.
Insights
Trusts can be an effective way to provide for your family while retaining control, but you must balance the advantages against the administrative and financial costs. In this article we examine the pros and cons of setting up a trust, and potential pitfalls to avoid.
