Rathbone Brothers Plc - Rathbones - Established 1742

Services

Managed and Private Trust Companies

Managed Trust Companies

Professional Intermediaries with high net worth clients often find that many of these clients have a need for offshore trust services and wish to service that need in partnership with a trusted local partner. Rathbones Jersey is able to provide that service and does so for a number of intermediaries.

In establishing and operating a Managed Trust Company, intermediaries need a partner they can rely on to manage regulatory and compliance issues, and to deliver a high quality service to their clients, ensuring that the legal and fiscal objectives of the structure are met. With our highly qualified personnel, we can provide the level of service that intermediaries need when entrusting their clients’ affairs to a third party.

Our services would include advising on the benefits and implications of establishing a managed trust company; advising on the requirements of local regulation; leveraging our experience and expertise in ensuring that we remain fully compliant such that we can assist intermediaries and clients to obtain an independent trust licence and retain it; formation, structuring and administration of entities for clients of the intermediary; provision of Trustees, Directors and officers to managed entities and to the Managed Trust Company.

Private Trust Companies

For many clients looking to establish a trust, particularly when substantial family assets are involved, it is beneficial for them to establish a dedicated trust company to act as trustee of their family trust. We are able to offer a comprehensive service to clients in establishing and maintaining a Private Trust Company.

We will advise on the benefits and implications of establishing the company and handle all of the processes involved in dealing with the regulator. We can deal with the formation, structuring and administration of the company and can provide directors and officers, either solely or in tandem with the family or their advisers. Once the company is established, we can provide the full range of trustee services or act in an advisory capacity only.

A common concern when considering the establishment of a Private Trust Company relates to how the shares in the company should be owned. There is a range of options available and we can advise on the merits of each. By way of example, a common solution is to establish a special form of trust, known as a Purpose Trust, and we are able to provide a full range of services in order to establish and administer such a trust.