Company
Position
Head of private clients
Index
HNW Wealth Managers
Location
London
Advice type
Investment management
Offshore services
Portfolio management
Client type
HNW
Sector Focus
Financial Services
Investments and Asset Management
Rupert Elwes
Spear’s Review
Rupert Elwes co-heads the private client arm of W1M, the firm created from the 2024 merger of Waverton Investment Management and London & Capital. He joined Waverton in 2001 as a director and was promoted in 2019 to his current role, where he primarily looks after international clients with trusts, offshore bond funds and offshore trust structures with international tax considerations.
Elwes is also a member of the firm’s management committee. He developed and led its offshore service and continues to manage ‘a broad range’ of offshore and onshore portfolios, according to the firm.
The Exeter University geography graduate gained investment experience at INVESCO Asset Management and Ely Fund Managers. He is a member of the Chartered Institute for Securities & Investment (CISI), having passed the CISI Diploma.
Adviser Profile
Rupert is one of W1M’s most experienced portfolio managers. He initially established the offshore proposition at Waverton Investment Management. As a result, he maintains an ongoing passion for providing a service that can handle the more complex requirements of clients with international considerations.
Alongside Rupert’s client work, the last 12 months have seen him expand his role; he now co-leads the integration of two private client teams. The ultimate objective is to merge two businesses into one integrated, culturally aligned high-performing private client team which both clients and colleagues can be truly proud to be associated with.
This has required redesigning the overarching client proposition, establishing new team structures, reporting lines, compensation model and distribution strategy, and hiring.
Outside of work, Rupert has four children. Consequently, he states that most of his earlier hobbies have become a distant memory. He enjoys spending time with his family and balances his time between being an unpaid taxi driver, counsellor and sports coach. He remains forever indebted to his wife who puts any of his achievements into perspective.
Rank: Top Recommended

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Address
16 Babmaes Street, London, SW1Y 6AH, United Kingdom
Website
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