Top Ten Family Office Services

Rupert Phelps once remarked that his ‘natural habitat’ was the Square Mile. But when Spear’s catches up with him this year, he is ensconced in his Gloucestershire home.

Doing business under lockdown presents challenges, admits the well-connected partner for family office services at Smith & Williamson. ‘But within those confines, we’re trying to create that sense of humanity that’s so important with private capital.’

For several UHNWs the crisis has forced a rethink – and there is also change afoot at his firm, which has recently revivified its planned merger with wealth manager Tilney. ‘The strategic rationale never went away,’ says Phelps. S