More evidence that small wealth management firms can prosper during the pandemic comes from Dart Capital, the London-based boutique headed by Coutts alumnus Richard Whitehead.

Not only has Dart posted record revenues and pre-tax profits, it has decided to eschew government aid.

“Despite the serious challenges of Covid-19 the company achieved record levels of turnover, profit and not profits,” Dart said in its annual report and accounts which have just been deposited at Companies House.