Frequently Asked Questions

Question 1

What is WealthHat?

Accepted Answer

WealthHat is Nigeria's private wealth advisory firm for high-net-worth and ultra-high-net-worth individuals and families. We combine institutional-grade advisory with specific, earned knowledge of Nigerian markets, Nigerian family wealth dynamics, and the practical realities of holding, growing, and transferring wealth across jurisdictions. We serve families in Nigeria and across the diaspora, in the UK, US, Canada, the Gulf, and Europe.

Question 2

Is WealthHat regulated?

Accepted Answer

Yes. WealthHat Advisory Limited is a Corporate Investment Advisor licensed by the Securities and Exchange Commission of Nigeria. We operate as a fiduciary firm, which means our obligation is to the families we serve.

Question 3

What does "fiduciary" mean for me as a client?

Accepted Answer

It means we are bound to act in your interest. Our advice is built around your situation rather than the sale of a product. When we recommend an investment, a structure, or a course of action, it is because it serves your position, and we are transparent with you about how we are remunerated for the advisory relationship.

Question 4

How is WealthHat different from a Nigerian bank's wealth arm or a global private bank?

Accepted Answer

The global private banks bring institutional standards but do not understand Nigeria from the inside: their products are not designed for naira-denominated assets, Nigerian inheritance frameworks, or the structure of a Nigerian family business. Most Nigerian firms understand the local context but do not provide the depth of planning that complex, multi-generational, multi-jurisdictional wealth requires. WealthHat was built to hold both at once. That combination is the whole point of the firm.

Question 5

Does WealthHat manage my money directly?

Accepted Answer

We provide investment advisory. We advise on asset allocation, construct portfolios around your situation, recommend specific investments, and rebalance with your approval. We do not manage assets on a discretionary basis, which is a distinct regulatory permission. Where execution is required, for example in fixed income, we execute on your instruction. The practical effect is that you retain the final decision on your investments, with our advice behind each one.

Question 6

Who do you work with?

Accepted Answer

Our clients are Nigerian families and individuals who have built significant wealth, through business, professional achievement, inheritance, or a combination, and who recognise that managing it well across generations is a different discipline from building it. In practice this includes founders and business owners, families navigating an inheritance, senior executives and professionals, families moving through a major transition such as a business sale or bereavement, those approaching or in retirement, and diaspora families with assets on more than one continent.

Question 7

Is there a minimum?

Accepted Answer

We take on a limited number of client families and do so selectively, where we believe we can add genuine value. Rather than publish a threshold, we use the first conversation to understand your situation and establish whether WealthHat is the right firm for you. That assessment runs in both directions.

Question 8

How do you charge?

Accepted Answer

We are remunerated for the advisory relationship on a basis we set out clearly before any engagement begins, so that you understand exactly what you are paying for and why. Fees depend on the scope and complexity of the work. We discuss this directly as part of the first conversations rather than listing prices, because the right scope is particular to each family.

Question 9

How do I begin?

Accepted Answer

Request a private consultation through the Enquire page. It is a 45-minute conversation about your situation, with no agenda, no presentation, and no obligation. Its purpose is to understand your position and whether we are well placed to help. If you would prefer to make a written enquiry first, write to us at hello@wealthhat.com.

Question 10

What happens in the first conversation?

Accepted Answer

We listen. You describe your situation, your assets, your family, and what is on your mind. We ask questions and give you an honest view of whether and how we can help. There is nothing to prepare and nothing to sign. If it makes sense to continue, we explain clearly what the next steps and the engagement would look like.

Question 11

I live abroad. Can WealthHat still work with me?

Accepted Answer

Yes. A significant part of our work is with diaspora families whose lives and assets span more than one country, typically between Nigeria and the UK, the US, Canada, or the Gulf. Cross-border coordination, across two tax systems, two sets of inheritance rules, and assets in different currencies, is one of the specific reasons families come to us. Consultations are held by video where distance requires it.

Question 12

Do you provide legal or tax advice?

Accepted Answer

No. On estate, inheritance, offshore, and tax matters we provide advisory observation and coordination, and we work alongside your legal and tax advisers, or introduce licensed specialists in the relevant jurisdiction. We do not act as your lawyer or your tax adviser, and nothing on this site constitutes legal or tax advice.

If this raises questions about your own situation, we would be glad to begin a conversation.