Following the merger of London & Capital (“L&C”) and Waverton Investment Management (“Waverton”) in July 2024, the company announces today that it will be consolidating its brands under a new name, W1M.
The launch of W1M signals the coming together of two highly successful firms and coincides with the combined business surpassing £21 billion of assets under management, placing it amongst the largest wealth managers in the UK. The firm has now set itself the target of expanding its market share and becoming the preeminent wealth and investment manager for high net worth and ultra-high net worth clients, charities and institutions.
W1M will embody the strengths of both firms, offering clients an exceptional breadth and depth of services, encompassing cross-border advisory capabilities, institutional-quality investment management, and leading global tax and consolidated portfolio reporting, alongside access to more experts than ever before. These capabilities are designed to address the increasing complexity, internationalisation and intergenerational requirements of wealthy families.
The investment philosophy of both firms – Global, Active and Direct – will continue, and William Dinning, previously Chief Investment Officer at Waverton, will retain this role in the merged firm. W1M will also continue its long history of working in partnership with Independent Financial Advisers, providing them and their clients with access to its market leading investment solutions.
The new name harks back to the heritage of both companies – W1M was the postcode of the first London & Capital office and closely echoes the acronym, WIM, of Waverton Investment Management.
As part of the merger, W1M’s teams will be united at their new head office, 16 Babmaes Street, London, SW1Y 6AH, by the end of 2025.
Guy McGlashan, Chief Executive Officer, said: “As we embark on a new chapter, our name represents the combination of two exceptional businesses into one integrated firm. W1M will bring together global wealth advice, an award-winning investment proposition, and best-in-class consolidated reporting for the ultimate benefit of our clients.
“It also signifies the creation of a united team of talented people, committed to meeting the diverse, complex and cross-border needs of clients; a single company that responds to market challenges with innovation and enthusiasm; and a trusted partner dedicated to securing the long-term prosperity of clients wherever they may be.”
Enquiries
Victoria Carroll, Chief Marketing Officer
victoria.carroll@londonandcapital.com
Hawthorn Advisors (PR Advisor)
Stephen Atkinson / Victoria Ainsworth
lcwaverton@hawthornadvisors.com
+44 (0) 7801 993 935 / +44 (0) 7894 995 886
About W1M
www.W1M.com
W1M is a leading international wealth and investment management firm, formed in 2024 through the merger of Waverton Investment Management Group Limited (“Waverton”) and London and Capital Group Limited (“London & Capital”). With over £21 billion in assets under management (AUM) and a team of more than 300 professionals, W1M specialises in working with high-net-worth and ultra-high-net-worth individuals and families, charities, and institutions.
The firm offers an extensive range of services, including cross-border advisory and planning expertise, institutional-quality investment management, and comprehensive global tax and consolidated portfolio reporting, designed to meet the evolving complexities of wealth and investment management, including addressing international and intergenerational needs.
Beyond its direct client relationships, W1M also maintains a longstanding partnership with Independent Financial Advisers, providing access to its market-leading investment solutions.
Headquartered at 16 Babmaes Street, London, W1M also operates offices in Barcelona, Barbados, Edinburgh, and Glasgow. The firm is regulated by the Financial Conduct Authority (UK), Securities Exchange Commission (US) and the Comisión Nacional del Mercado de Valores (EU).
