As one of the leading economies in the world, the United Kingdom is a natural fit for family offices. The UK is home to one of the top 3 financial capitals of the world with London serving as a primary European center for finance and business. The following free guide to UK Family Offices will help you better understand UK family offices and provide you with resources to learn more about UK family offices. You should also check out our 100% free book on family offices.
Introduction to UK
The United Kingdom (UK) is one of the largest economies in the world (ranked sixth largest in terms of GDP). The UK is currently going through some economic difficulties with high unemployment and less-than-stellar growth, but as it emerges from the recession, we anticipate a revival of London as a financial and wealth center for Europe.
The UK, particularly London, rivals New York City as the world’s foremost financial capital and although Manhattan remains top of the list, London is never far behind. There is a tremendous amount of wealth being created in the UK and many family offices have either long-existed to serve the needs of the high net-worth families and individuals or they recently launched in response to increased demand for family office solutions. London is one of the premier destinations for the wealthy and many family offices have set up in the city to better serve their clients. As a finance hub, there are already a high number of wealth management and family offices established in the city so it is an ideal place for family offices to operate.
Family Offices in UK
Because London has one of the most well-established financial industries in the world, it makes sense that family offices would choose the city as the home for their businesses. It also provides an ideal group of potential clients for family offices and a close proximity to investment partners in Europe that the family office may choose to invest in. This ideal location explains the rapid growth of family offices in London and why despite tough regulation and high taxes of the wealthy in the UK, this growth will likely continue into the foreseeable future.
The following is a collection of UK family office resources:
UK Family Office Resources Guide
UK Family Office Resource #1: This article focuses on next year being a better year for investors as the nest-eggs have taken a hit, which is UK’s leading share index.
UK Family Office Resource #2: Here is another resource on how the UK is looking at the stock market for investors, and comparing it to driving a car. They are now looking onto the horizons and days ahead.
UK Family Office Resource #3: If you are looking for contact details of family offices in London you may want to consider using a Family Offices Database. A Family Office Database provides you with the complete contact details for 100′s or sometimes even up to 1,000 global single and multi-family offices within an easy to use Excel spreadsheet format. Learn more about this by clicking here.
UK Family Office Resource #4: This economic forecast shows UK’s economic growth and data to greater extent.
UK Family Office Resource #5: Read this article talking about an impressive client base with Omniplex that has secured an investment from LDC to accelerate growth strategy.
UK Family Office Resource #6: This resource covers investment statistics in the UK.
Are you an employee or manager of a family office in the UK? Then we’d like to keep in touch with you. Simply send us an email at Richard@RichardWilsonCapital.com