Private wealth

With over two centuries of experience, we'll help manage, protect and grow your private wealth.

Everyone has different goals and priorities when it comes to their private wealth. We'll work with you to understand what you want to achieve, so we can provide the best advice for you.

Our team has been helping people, families and advisors for 200 years, so we know the legal and tax systems that could affect your wealth inside-out, enabling us to develop the right options for your particular circumstances.

As well as being private wealth specialists, we collaborate with our colleagues across Mills & Reeve to provide expert advice on everything from philanthropy and property, to pensions.

Our experience

To set up the best structures and processes for you, we work closely with your other advisors, such as investment managers, family offices, independent financial advisors, tax advisers and accountants.

Some recent examples of our work include:

Advising on the administration of the £130 million estate of the founder of a nation-wide retail business who was living outside the UK
Intervening in the Supreme Court divorce case of Owens v Owens. This work directly led to a government consultation on “no fault” divorces.
Establishing over 80 family investment and personal investment companies
Advising consortia on land pooling arrangements
Ensuring the largest family shareholders in a £400million company protected their continuing interest and involvement in the business

Did you know?

Leading team

Our team as a whole is also ranked in Band 1 for Private Wealth (outside London) in Chambers.

Top law firm

Leading legal website eprivateclient, named us as one of the Top Law Firms in the UK.

Number 1 experts

15 of our private wealth partners are ranked Band 1 in legal directory, Chambers.

Our clients

We work with anyone looking to protect their personal wealth – whether that's wealthy families and high net worth individuals, business owners, senior professionals or landowners.

Our lawyers

Our team holds memberships with industry organisations, such as STEP (for lawyers who specialise in family inheritance and succession planning) and Resolution (for lawyers committed to non-confrontational divorce).

Articles on the Autumn Budget 2024

A deeper dive into the inheritance tax changes

As has now been widely reported there are some extensive changes coming to IHT. We’ve already shared a round up of the relevant private client matters and a deeper look at the changes to the non-dom regime.

The impact on family businesses

It is fair to say that family businesses, which are rightly described as the backbone of our economy, have not fared well in Rachel Reeves’ first Budget as Chancellor. Such businesses seem to have taken a disproportionate brunt of the burden and there is genuine concern that, in long term, these changes will have an impact on the survival of multi-generational family businesses.

Changes to the non-dom regime

The government has been vocal in its commitment to abolish the remittance basis of taxation (the favourable taxation regime available to UK tax residents who are domiciled outside the UK (so called “non-doms”)) and to remove the inheritance tax benefits of trusts established by non-doms.

Summary of tax changes for individuals

It’s the first Budget with a female Chancellor, and Rachel Reeves has said the measures will raise taxes by £40 billion. But what does the Labour government’s Autumn Budget 2024, and the drive for economic growth, mean for you?