Private wealth

They are enormously strong in all areas.....They enjoy being part of the development of families.

Chambers High Net Worth

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Penningtons Manches Cooper is widely acknowledged to be one of the UK’s leading private wealth firms. With a reputation built on many years of private wealth expertise, we deliver a bespoke service to both UK based and international clients through our integrated team of private client, family, residential property, dispute resolution and immigration specialists.

High net worth individuals and families have, for generations, turned to Penningtons Manches Cooper for high quality, and frequently pioneering advice on tax, family law and succession issues to enable them to safeguard and grow their wealth. Increasingly clients require a broader perspective as the lines between commercial and privately owned assets blur. By accessing expertise from across the firm, we can offer private individuals, family offices and their advisers, entrepreneurs, business owners, banks and fiduciary providers a comprehensive private wealth service which manages both short term challenges and long term strategies.

Our lawyers understand that steps which may be appropriate for financial planning purposes might conflict with the requirements of a residency visa, while worldwide assets could unexpectedly be put at risk in the event of a relationship breakdown or divorce. Each problem requires a tailored solution, and we aim to give clients clarity by providing detailed advice which ensures that the right balance is struck between often competing issues.

International mobility and multi-jurisdictional interests are realities of modern life for many of our clients. We have a strong international capability, assisting UK resident and non-resident, non-domiciled individuals, international families, family offices and business owners in numerous countries across the globe. In addition to the traditional European market, we have significant involvement with clients from the United States, India, across South East Asia (particularly Hong Kong and Singapore) as well as South America and Africa. The firm’s membership of Multilaw and the European Law Group, as well as our close involvement in the International Academy of Family Lawyers (IAFL) and recognised expertise in the world of international family law, enhance our international reach.

Several members of our private wealth team are ranked highly by Chambers UK, Chambers High Net Worth, The Legal 500 and Super Lawyers and have received accolades from Spears, Eprivateclient, Citywealth and Wealthbriefing - a clear testament to our prominent and well established position within the marketplace.

Recent work highlights

Family constitution for international client

Facilitating a complete overhaul of corporate and trust governance for an UHNW international family after putting in place a family constitution. The constitution reflected the multi-generational agreed ethos of the family and informed all aspects of business and family wealth stewardship and succession planning.

Manhattan and Mayfair property business structuring

Advising in partnership with US counsel on tax and succession planning as well as optimal structuring for a significant transatlantic family property business involving complex personal, trust and corporate tax issues on both sides of the pond.

Pre-immigration planning

Preparing the ground for a successful launch of a UK subsidiary of a family-owned international group and family office when key family members opted to move to the UK. Our corporate, private client and tax, family, immigration and property teams all had a part to play in this venture.

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Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP