Rathbones, Schroder & Co, Quilter Cheviot, Brewin Dolphin and Smith & Williamson appear to be the best positioned big UK specialist wealth management firms to survive and prosper in the aftermath of any setbacks caused by the Covid-19 pandemic.

Not only are all five firms well capitalised but they also have substantial cash cushions on their balance sheets.

Unlike many sectors, it is still business as normal at UK wealth management firms.

Nonetheless revenues and profits are almost certain to fall significantly as a consequence of a reduced volume of assets under management and administration in the wa...