At Lycetts, we pride ourselves on the unrivalled support and service that we have provided for high net worth families for over 60 years.
Nearly all our Family Office clients come to us through recommendation. We know that no two families’ needs are the same and our services are designed to reflect each family’s lifestyle, risk exposure and complex structure.
Recognising your investment in the finer things in life – your houses, fine art, possibly bloodstock or yachts – we also understand the importance that your Family Office represents in protecting the source of your wealth. Your Family Office may administer financial investments, property portfolios or actively trading businesses.
Our approach is simple
Through a designated Account Director, who will always be available to you, we get to know you and your world. Frequently, our dealings with you will be led by a Corporate Risks Director, rather than the conventional route of arranging Family Office insurance through a Private Client department. At Lycetts, our Corporate and Private Client teams will work together to advise you and put in place an agreed insurance programme.
Should the worst happen, our specialist claims team will represent your interest with both insurers and loss adjusters. You will have peace of mind that your personal property, together with your business and investment assets, are properly protected.
Where appropriate our Financial Services advisers are ready to provide investment and financial advice, including in the complicated area of inheritance tax planning. We would expect to work with your other professional advisers in this field.
Philanthropy
In many cases, Family Offices are involved in philanthropy and the charitable distribution of assets. Uniquely in the financial services world, Lycetts is proudly part of the Benefact Group, a family of specialist financial services businesses which gives all of its available profits to charity and good causes.
Benefact are the third largest corporate charity donor in the UK*. By choosing Lycetts for your insurance needs, you will not only receive impartial, expert advice but you will also help to transform lives and communities. Importantly, our culture means that we share and understand your philanthropic objectives.
Our dedicated Family Office team will ensure that, from your first contact with Lycetts, your individual needs will be handled discreetly, professionally and respectfully.
*DSC – The guide to UK Company Giving 2023/24
