The family accountant knows every dividend ever declared. The lawyer remembers the first trust deed. There is loyalty here, and gratitude. But there is also a feeling that the conversations have stopped evolving. For the next generation, this is a hard truth to sit with. Firing a parent's professional adviserfeels personal, almost disrespectful.

You start looking around and every wealth management firm seems to say the same thing. “Holistic”, “Independent”. “Tailored”. There are smiling team photos, the promise of ‘bespoke’ service, and enough jargon to fill a small novel.

Welcome to "Beneath the Canopy" - Canopy East's monthly update on the world of family wealth management.