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

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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...