W8 Advisory
London
Company
London
Company Profile
At W8 Advisory, we provide our distinctive African client base with a holistic wealth management solution that is aligned with their cultural and ethical beliefs, based on the sound local knowledge and expertise of our founder. Our mission is to support our African HNW clients on their wealth management and preservation journey and their objective to transfer wealth from generation to generation in a conflict-free and transparent manner. Our motto, “infinite wealth solutions”, highlights our passion to ensure that wealth transfer on the African continent is both infinite and beneficial to present and future generations.
Established in 2014 by Bimpe Nkontchou, a dual-qualified lawyer of over 30 years (in Nigeria and the UK), following 16 years of managing a London firm of solicitors, W8 Advisory is a wealth management boutique practice established in the model of a multi-family office, comprising a dedicated team to assist with clients’ personal, family and business affairs.
Services include estate planning, family business succession planning, international tax planning, wealth structuring, family governance, asset management, real estate advice, philanthropy advice, next generation development and various lifestyle and concierge services. We also advise and assist with the formation of family trusts and foundations across a number of jurisdictions. We are able to give our clients access to world-class bespoke asset management, private banking and independent investment management services, designed around their objectives, timelines and risk appetites.
At W8 Advisory, we understand the cultural nuances around wealth and estate planning for affluent African families. We have developed a closeness with our clients, providing them with a single touchpoint for all services and solutions which they require. We will work with and incorporate the services of our clients’ preferred advisers where we feel it is beneficial to the client’s interest. The advice we provide is strictly objective and without conflict of a sales mandate or financial interest in selling financial products or services. We insist on keeping clients involved in decision making and then play a critical role in execution by handling administrative tasks and implementing the specific wealth management mandate. The W8 mission is to enhance and optimise private wealth management by helping the client to build their wealth enterprise.
There are many reasons why clients might engage a family office, but often the root of this desire is to facilitate intergenerational transfer of wealth and reduce intra-family disputes. As seasoned professionals we offer and stand by our informed opinions, advise candidly and pragmatically on risk vs return and cost vs benefit while remaining cautious to trends or hype. The W8 Advisory model is based on the premise that clients should be engaged with their wealth enterprise, thus we do not insist on taking discretion over clients’ assets. Instead, we help clients to establish wealth management priorities and objectives, then execute them on their behalf.
At W8 Advisory, we are:
In recognition of the growing influence of technology in wealth management services, we have recently launched a digital investment platform and mobile app called Wealth8 (authorised and regulated by the FCA), designed to provide access to saving and investing in global funds for young people and women (especially of African heritage) based in the UK. Wealth8 is connecting people who are entrepreneurs and future inheritors of wealth with digital access to tailored financial literacy content and ultimately to wealth management solutions that will help to increase their confidence and knowledge in investing for the future.
In June 2024, W8 Advisory successfully hosted the first edition of the Lagos Private Wealth Conference in Lagos, Nigeria – designed as a platform to bring together African HNW clients with professional firms and intermediaries (both domestic and international) who are committed to improving wealth management services on the African continent. The conference provided a spotlight on the best-in-class firms in the private wealth industry for the discerning African clientele and will become an annual ‘super’ gathering for the African continent.
96 KENSINGTON HIGH STREET, W8 ADVISORY LLP, LONDON, W8 6PR