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Family Wealth Management

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."

Client Adviser Ben Harrison

Generational success

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.

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A focus on individual families

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.

Man looking at gold framed family portraits

Planning for generational wealth

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.

Creating a multigenerational plan

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.

  • Tile image: Lord Rothschild's Maxims, 1911. A handwritten note, summarising the family's philosophy towards money and life. Includes the advice to ‘consider well, then decide positively’ and to ‘respect the counsel of your parents’.

    How to prepare the next generation for wealth

    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.

  • Two people looking down at their inheritance tax options

    Minimisng the effect of inheritance tax

    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.

  • An individual climbing a ladder to the moon.

    Passing wealth to your children while maintaining control

    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.

Ready to begin your journey with us?

Please get in touch

Our Client Advisers are a great sounding board for all your financial questions. Below we answer some of the most common questions they have been asked.

What is the best way to build generational wealth?

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.

What is inheritance tax, and how much can you inherit without paying tax?

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”.

How much can I gift my children?

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

  • Japan: partying like its 1989

    Strategy Blog

    Japan’s stock market is performing strongly, but we are unconvinced about the country’s long-term attractiveness. We believe the recent bounce in the Nikkei index is a sentiment or momentum driven story, and not one that yet reflects better fundamentals.

    Victor Balfour

  • Disinflation, China and stock valuations

    Market Perspective

    Politics may well affect portfolios in 2024, but we know that the business cycle certainly will. In this Market Perspective, we examine the outlook for inflation, the case for and against investing in China, and whether stocks are currently being overvalued.

    Kevin Gardiner, Victor Balfour, Anthony Abrahamian

  • Banks: still stressed?

    Strategy Blog

    It has been almost one year since banking stresses first emerged – and quickly dissipated – in the United States. But amid renewed concerns over the country’s banking sector, could the unwanted return of market stress lead us to a full-blown banking crisis?

    Anthony Abrahamian

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