JAMES SELLON

MASECO

Category
HNW Wealth Managers
Company Size
Boutique

James Sellon, Spear’s HNW Wealth Manager of the Year 2016, has carved out an important niche in servicing UK-US non-domiciled clients. Maseco, which has 533 households with $1.2 billion under management across nine wealth managers, was formed out of the realisation that, after the non-dom legislation in 2008 there was a gap for orchestrated US-UK non-domiciled advice. Sellon has deep experience in this area. ‘Post-2008 there was a trickle of realisation that there were huge tax liabilities to pay on clients’ portfolios and that tax efficiency was needed in both the UK and the US,’ he says. ‘We were the first firm to come up with tax-efficient funds in two jurisdictions. That was a big tick in the box.’

James Sellon