Two former RBC Wealth managers have launched a brand new HNW wealth adviser referred to as Six Levels.
Metropolis of London-based Six Levels is a totally unbiased agency dedicated, it says, to offering “value-driven recommendation.”
The agency will deal with HNW purchasers with investable belongings from £3m to £50m and can search to bridge what it calls the ‘HNW Recommendation Hole.’
The co-founders are Katherine Waller and Ollie Saiman. The pair have over 40 years of mixed world banking expertise, together with greater than a decade at RBC. They had been members of the RBC Wealth UK Senior Management Crew.
Becoming a member of them as chief working workplace is Victoria Sena who labored for eight years on the Financial institution of England and has been a regulatory guide and COO of a boutique asset supervisor.
Six Levels operates beneath the buying and selling title of Six Levels Wealth Restricted and is an appointed consultant of community ValidPath.
Ms Waller mentioned: “Our ethos is predicated on our conviction that wealth is an emotive topic. With out uncovering the aim of somebody’s wealth, the thought of delivering a significant wealth technique is just a stab at the hours of darkness. Mix an understanding of the wealth’s final goal, with a person’s background, their influences and their values, and also you get a a lot richer and extra fulfilling technique.”
Mr Saiman added: “We discovered that the majority advisers and most purchasers have a tendency to show as much as conferences with solely their left mind, bringing details, figures, and anticipating a dialogue about funding efficiency. We’re excited to create an advisory enterprise the place the appropriate mind is all the time invited, the place it’s made to really feel welcome, and the place empathy and creativity are inspired relatively than supressed”.
The founders imagine that conventional banking fashions typically place wealth planning as a product, leading to newly rich UK-domiciled HNWIs paying disproportionately increased charges for comparable providers in comparison with retail clients.
The agency’s funding philosophy focuses on an evidence-based strategy to index investing.
Six Levels is working with a lot of “know-how pioneers” to supply purchasers “complete one-screen cell visibility” into their monetary lives, it mentioned.
The brand new agency is targeted on UK-based purchasers, together with households, entrepreneurs, and enterprise leaders, aligning with the rising proportion of HNWIs who’re UK domiciled or ‘deemed domiciled.’