Our Office
The work is personal because the information is.
Families bring company interests and private portfolios into the relationship. Property or financing commitments may also form part of the brief.
Silver and Spare gives these matters one point of coordination from its headquarters in the Cotswolds.
Between the family and its advisers.
Each specialist works within an individual mandate. Silver and Spare considers how one recommendation may affect another part of the family’s affairs.
Lawyers and tax advisers retain responsibility for their respective fields. Investment managers remain accountable for the capital entrusted to them. We connect their work to the decisions being made at family level.
External Expertise
Silver and Spare maintains the working relationship between the family and its professional advisers. This reduces fragmented reporting and keeps responsibility identifiable.
Family-Level Oversight
A recommendation concerning one asset can create consequences elsewhere. We examine those consequences before the family commits capital or changes course.
Independent Judgement
Advice needs context before it becomes useful.
Silver and Spare evaluates recommendations against ownership concentration and available liquidity. Future obligations remain part of the same assessment.
This gives the family an informed basis for comparing proposals from different advisers. It also places each decision within the wider financial position.
Confidentiality
The expertise involved depends on the mandate.
We agree what each adviser needs to know before information is shared. Family-level reporting stays within the boundaries established for the relationship.
Silver and Spare keeps sensitive matters within a small working circle. Participation follows responsibility for the decision concerned.
For families with ownership in the room.
The Silver and Spare model is suited to families whose company interests influence the rest of their financial affairs. Each relationship is organised around the ownership position involved.
Current Owners
A family may hold a meaningful stake in an operating company while developing a separate private portfolio. Silver and Spare considers the demands of both.
After a Transaction
A partial or full sale introduces decisions about liquidity and new investment exposure. We coordinate those decisions at the level of the family.
Multi-Generational Shareholders
Several family members may share an economic interest while holding different priorities. Reporting and adviser coordination must account for both.
Beginning a Mandate
Start with what is owned.
Ownership Map
Silver and Spare records the assets that influence the family’s financial position. Company stakes and private portfolios are considered together.
Liquidity Demands
Cash requirements are identified across the family and its investments. This establishes how much capital must remain available.
Adviser Network
We identify the professional advisers already involved. Their mandates are then connected around the family’s decisions.
Reporting Agenda
Silver and Spare determines which information should reach the family and when. The reporting format follows the decisions it is expected to support.
A private conversation starts the mandate.
The first discussion concerns the assets and the people responsible for them. From there, Silver and Spare can determine where its involvement will be useful.