Silver and Spare
Ownership changes the brief.
Silver and Spare is a UK family office headquartered in the Cotswolds. We work with families whose wealth includes meaningful stakes in financial services businesses, B2B software companies or hospitality groups.
Our Paris branch supports French client relationships and locally based company interests.
The company belongs in the conversation.
A stake in a payments platform behaves differently from an interest in a hotel group. Silver and Spare considers each asset on its commercial terms, then relates it to the family’s liquidity and wider investments.
This produces advice informed by how wealth was created and where it remains concentrated.
Advice organised around ownership.
The source of wealth affects how it should be managed. Silver and Spare structures its work around the assets each family owns.
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Silver and Spare coordinates specialist advisers and investment decisions. Reporting gathers the resulting information at family level.
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Private portfolios are assessed against liquidity held outside the business. Existing company exposure informs where new capital can be committed.
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Concentrated ownership can dominate a family’s financial risk without appearing in an investment account. We include those interests in the same analysis as other assets.
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Useful reporting should support a decision. Silver and Spare organises information around exposure and performance so that each family can act on it.
Sector Experience: Where Our Experience Sits
Sector context for complex ownership.
Silver and Spare works with families whose wealth remains closely connected to financial-services businesses, B2B software companies or hospitality assets. Each sector has its own operating logic, and that logic shapes how a company interest fits within the wider family position.
Revenue quality, regulation and funding needs all bear on how a financial-services holding should be valued and treated within the family portfolio. Understanding that model is the starting point for deciding how much further sector exposure makes sense.
A software company’s value rests on how durable its revenue is and how embedded its product has become. That durability shapes what the business may need from family capital, and how much room remains for investment elsewhere.
Property, operations and brand sit together in a hospitality asset. Trading performance and future capital needs determine what role a holding can reasonably play within the family’s wider position.
Cotswolds Headquarters · Paris Branch
A UK family office with a presence in Paris.
The Cotswolds headquarters is the centre of Silver and Spare and its client work. It gives the firm a distinctly British identity grounded in discretion and personal access.
Our Paris branch supports relationships with French clients. It also keeps Silver and Spare close to locally based company interests.
Ownership In Practice
Ownership creates its own questions.
- How much of the family’s financial position depends on one company or sector?
- What liquidity should sit outside the operating business?
- How should sale proceeds be treated when ownership changes?
- Which information belongs in family-level reporting?
These questions determine the Silver and Spare mandate. The work follows the assets and the decisions attached to them.
Start with the holdings.
An initial conversation with Silver and Spare begins with the assets themselves. We examine how they perform and what they require from the family.