Penningtons Manches 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 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 US, the Russian Federation, Africa and Latin America. 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.
Resolving a claim against a £30 million estate by obtaining a court order for rectification of a share sale agreement and achieving a substantial capital gains tax saving for the trust and its beneficiaries.
Successfully acting for the wife in the case of AB v JJB, one of the first reported cases to focus on the English court’s jurisdiction under the European Maintenance Regulation, which illustrates the complexities of European family law in general.
Advising a talented tech innovator, whose company is expected to generate a turnover of over £5 million, on the best option for moving to the UK, taking into account his tax, business planning, immigration and family needs.