Not only that, but most have very high minimums – £250,000 and upwards with some not offering a fully bespoke service for portfolios of less than £500,000 to £1m.
However, there are also ‘boutique’ firms, owned by their managers.
In the investment world, biggest is not always the best, even for the highest net worth individuals.
David Cowell is director at Myddleton Croft