Michael Parsons - Spear's Magazine

Michael Parsons


Michael Parsons
Wealth Managers 2019
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Top Recommended UHNW Wealth managers

‘A steady number of clients are really attracted by our offering, especially our international element,’ says Michael Parsons, referring to the fact that Wren is backed by WE Family Offices in the US and MdF Family Partners, one of the leading independent multi-family offices in continental Europe. ‘We have relatively few clients, therefore we have the time to really look after them properly and really get to understand their long-term aspirations, over multiple generations.’ Parsons works with a team of five who all worked together at Lord North Street before Parsons set up Wren in 2016. He works with clients with assets ranging from £25 million to the ‘many hundreds of millions’. ‘We don’t do the billionaires, so I suppose we attract people who have enough complexity to need a family office, but don’t want the bother of hiring their own people in-house.’ Wren is highly recommended by distinguished contemporaries, including Owl Private Office’s William Drake and Lincoln Private Investment Office’s Ross Elder, who tells Spear’s: ‘Michael has had an exceptional career at Lord North Street, then Sandaire. He founded Wren with all the right values and cultures.’ He adds that Wren’s Edward Tollemache ‘puts his clients first and provides the best advice.’ The firm also has an impressive head of client relationships in Drew McNeil.