In this video, Alex provides an insightful breakdown on how to determine if a Family Investment Company (FIC) is the right structure for you and your family. He explains that if your household income exceeds £250,000 per year or your net worth is over £1 million, an FIC could be an ideal solution to prestige both your family’s financial future and business growth. Alex walks through the key advantages of FICs, including tax efficiency, wealth preservation, and flexible control over family assets, making it a perfect structure for those looking to secure long-term financial stability while enhancing the status and operation of family businesses. He concludes with a step-by-step guide on how to assess whether an FIC would bring significant value to your unique situation.
