‘It’s been a record year,’ Freedman says. While many wealth managers may resent market volatility and the implications of Brexit and the US elections, London & Capital’s co-founder thanks the stars for the turbulence. ‘The more volatile and uncertain, the better,’ he says, ‘because we only run capital preservation strategy — people want safety, and that is exactly what we have.’
A specialist in US affairs, the SEC-regulated firm is ‘one of the few wealth managers who are able to look after Americans’ in the UK. While managing the money of Hollywood stars, Freedman noticed a gap in the US expat market. He set up the firm’s US family office in London in the 1980s and has overseen the transformation of London & Capital into one of the ‘fastest-growing wealth managers in the market’, with the US division managing over £800 million.