WILLIAM DRAKE - Spear's Magazine

WILLIAM DRAKE

OWL PRIVATE OFFICE

WILLIAM DRAKE
City
LONDON
Category
UHNW Wealth Managers 2017
Company Size
BOUTIQUE

Top Ten UHNW Wealth Managers

If you were looking to navigate the labyrinth that is wealth management, the chances are someone would recommend that you speak to William Drake. One of the most experienced hands in the industry, Drake co-founded Lord North Street with Adam Wethered in 2000 before selling the business to Sandaire in 2014. The duo have teamed up again this year, this time joined by fellow City stalwart Andrew Wimble to launch Owl Private Office – a strategic consultancy that promises to join the dots for time-short UHNWs, wealthy families and endowments.

Drake is clear on its raison d’être. ‘The landscape has changed; it’s harder for wealthy families to get the overarching advice that they need from people, with no conflicts of interest,’ he explains.

The new firm casts a wide gaze: it is equally adept at coordinating teams of advisers, establishing a dedicated single family office, or simply holding to account professional advisers and investment managers to suit specific needs. It also tenders an overall ‘review
of existing arrangements’ service, with a sharp eye on quality and costs on the client’s behalf.

Owl is a first port of call, before the usual beauty parades and manager selection take place. ‘We help families and trustees work out what the money is for, who should benefit and how to achieve the impact they want their money to have on the world,’ says Drake.



 

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