Mark Prentice
Head of Banking, Scotland
Mark leads our banking team serving clients in Scotland. He has more than over 40 years’ experience helping clients with complex finances and specialises in helping those with commercial banking needs. Mark was formerly Head of Corporate Banking in Scotland for Lloyds Bank and joined Hampden & Co in 2017. He is a Fellow of the Chartered Banker Institute.
Insights from Mark
Dispelling the myths about ‘typical’ Private Banking clients.
There’s a popular misconception that private banks are only really for the Lords and Ladies, leaders of industry or sporting superstars. Don’t get me wrong – we’re pleased to have clients like this – but are they a typical private banking client? At Hampden & Co, I’d have to say the answer is ‘no’.
Are you prepared for a 20% rise in school fees?
Choosing a private education is a significant and lengthy financial commitment which requires careful consideration and planning. Private school fees in the UK continue to rise at rates above inflation. According to the Independent Schools Council's 2024 report, average fees per term at member schools saw annual increases of 9.0% and 8.8% for boarding and day schools respectively, to £14,175 and £5,908.