Wealth Club's Davies: VCT/EIS sector could become 'silently mainstream'

Digital enhancements

Jayna Rana
clock • 2 min read

Alex Davies, co-founder and chief executive of Wealth Club, has outlined expansion plans as the company celebrates its first anniversary.

The ex-Hargreaves Lansdown pensions head, who set up tax-efficient investments service Wealth Club with former Charles Stanley Direct head of investment research Ben Yearsley, said there are still many opportunities in this "untapped market". He said: "We will probably look to offer some sort of discretionary management service or build our own platform exclusively targeting high-net-worth investors. "We want to become the number one place for them, like Hargreaves Lansdown but for the slightly wealthier type of person." IW podcast: Why invest in VCT and EIS funds? Davies also b...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot