Taxing Matters: Wealth management for creatives – navigating financial planning in the entertainment industry

In this episode, our host and Senior Associate at RPC, Alexis Armitage, is joined by Simon Reed, Director and wealth manager at RBC Brewin Dolphin, and head of the Entertainment, Media & Sports client segment in London. Together, they delve into the unique financial challenges faced by clients in the creative industries, including actors, musicians, and digital creators.

Join Alexis and Simon in this month's episode as they discuss:

• the complexities of managing unpredictable income streams
• the importance of early wealth planning for creatives
• working collaboratively with tax lawyers and accountants on cross-border and residency issues
• protecting and monetising intellectual property (IP)
• emerging trends in long-term financial planning, including pensions, succession, and philanthropy
• the rise of new client types in the digital creator economy and their distinct advisory needs.

Whether you advise creatives or are part of the entertainment sector yourself, this episode offers practical insights on how to navigate wealth management and maximise after-tax returns in a rapidly evolving industry.

We hope you enjoy the episode. Please subscribe on Apple Podcasts or Spotify to keep up with future episodes.

Our Tax, Investigations and Financial Crime team advise individuals and businesses on a range of complex tax matters. The team is ranked Band 1 in the Chambers High Net Worth Guide for Tax: Private Client. If you would like to discuss any of the matters raised in this episode, or find out more about our work for high net worth clients, please contact Adam Craggs or Alexis Armitage.  

All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice.

Notice from RBC Brewin Dolphin:

• RBC does not offer tax advice and this does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
• The value of investments, and any income from them, can fall and you may get back less than you invested
• Information is provided only as an example and is not a recommendation to pursue a particular strategy.