In January 2018 Wealth Club acquired Clubfinance, the execution-only discount broker. The acquisition will form what we believe to be the UK’s largest investment platform for high net worth and experienced investors.
If you are such an investor, our aim is to offer you more compelling and advanced investment opportunities than you normally find through mainstream investment platforms and financial advisers.
Clearly tax efficiency is critically important to investors like you. That is why many – if not most – of the opportunities will be government-endorsed, tax-incentivised schemes, such as VCT, EIS, SEIS investments and Inheritance Tax Portfolios.
Our service provides you with detailed, in-depth research on such opportunities. We explain the benefits and risks in clear English, so you can decide for yourself which make sense for you in your situation.
Although Wealth Club is a young company our founding members have years of investment experience. Four of us have held senior positions at one of the UK’s largest, most successful stockbrokers. Chief Executive Alex Davies was a former Hargreaves Lansdown director and shareholder and has been investing in these types of investment for a number of years.
From the beginning the media has recognised us and regularly comes to us for comments on tax-efficient investments. Wealth Club has been quoted in the FT, Times, Telegraph, Share Radio and MoneyWeek, to name but a few.
Importantly, more than 18,000 investors have already expressed an interest in our service. As a client put it, “Seeing a site with an intelligent commentary on the various offerings is a breath of fresh air”.
The inspiration behind Wealth Club
As is so often the case with new ideas, the inspiration for Wealth Club came from personal frustration. Alex Davies was himself the perfect prospect for such a service.
After leaving Hargreaves Lansdown and selling some of his shares, he looked around for tax-efficient ways to invest in addition to his ISA and pension allowances. He encountered three problems:
- The merits of the most valid opportunities were too often obscured by more exotic but dubious ones.
- When he tried to assess such merits it was extraordinarily hard to find authoritative, impartial, trustworthy research and information.
- Some of the most interesting opportunities came to him through word of mouth rather than established and credible financial services organisations.
To his surprise, he found that really good services designed to help high net worth and sophisticated investors find non-standard and tax-efficient investments were thin on the ground. This led to the idea of Wealth Club.
Wealth Club is a limited company. All but one of its directors and most employees are former Hargreaves Lansdown employees with broad experience in researching investment opportunities and presenting them to clients in a clear and compliant manner. In January 2018 Wealth Club acquired Clubfinance, the execution-only discount broker. The acquisition will form what it believes to be the UK’s largest investment platform for high net worth and experienced investors.