While many wealth managers may resent the volatility arising out of Brexit and the US elections, London & Capital’s co-founder is thankful for the shake-up in the markets. ‘The more volatile and uncertain, the better,’ he has told Spear’s, ‘because we only run capital preservation strategy – people want safety, and that’s exactly what we have.’
The SEC-regulated firm is one of the few wealth managers able to look after US nationals in the UK. While managing the money of Hollywood stars, Freedman noticed a gap in the market. He set up the firm’s US family office in London in the late 1980s and now the US division accounts for nearly a third of the firm’s AuM.
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