Iain Tait

Spear’s Review

As head of the private investment office at W1M, the firm formed from the merger of Waverton and London & Capital, Iain Tait provides wealth management services to some of the firm’s largest clients. Tait’s offering complements UHNWs’ other service providers rather than replacing the role of the banks. ‘We don’t have a mothership that’s trying to move particular products or sell particular equities,’ the affable adviser says.

Tait joined the firm after running his own practice for five years, where he built and maintained a ‘significant’ HNW client base. He compares the approach of his current firm to a party: ‘We’re a house that would much prefer to be leaving a little early than staying on late and getting caught in a significant drawdown and leaving with a bit of hangover.’