Piers Larbey discusses the rise of Family Investment Companies in WealthBriefing

 

Family Investment Companies (FICs) have become an increasingly popular tool for families seeking a tax-efficient way to manage and transfer wealth. Piers Larbey, Partner in our Corporate & Commercial team, explores why FICs are gaining traction and how they can be structured to remain effective and compliant.

 

At their core, FICs are UK-based private limited companies designed to hold and manage family assets for long-term benefit. Unlike traditional trusts, FICs offer flexibility and control. Different classes of shares allow older generations to retain decision-making power while gradually transferring wealth to younger family members. This structure supports succession planning while maintaining family influence over investments.

 

To ensure success, it's advised that families avoid artificial tax schemes, regularly review their FIC structure, and seek expert legal and tax advice. When managed correctly, FICs can be a powerful tool for long-term wealth management, offering control, flexibility, and tax advantages.