Offshore
Offshore Law Firm Launches High End Wealth Management Service
Offshore legal and fiduciary services provider Ogier is launching a new service aimed at providing what it calls a high level personalised wealth planning services to ultra high net worth individuals and family businesses.
Ogier Private Wealth will aim to provide services including the establishment and on-going administration of trusts and private trust companies, the creation and administration of employer-funded structures, real estate advice and the formation and administration of investment funds - particularly in the area of private funds.
Ogier Private Wealth will comprise 20 lawyers and 50 professional administrators across the firm’s nine offices, a network that covers all time zones and major financial centres.
Philip Norman, partner and head of private client administration, said: "We have seen an increasing number of individuals and families with significant wealth creating new structures, often involving a private trust company utilising a number of jurisdictions, either for succession planning purposes or for the receipt of contributions from their employers, as well as Eastern European and Middle Eastern clients investing into western markets, through real estate or fund vehicles. A significant number of these clients are expressing a strong preference to work with an independent trust company and we believe Ogier Private Wealth fulfils that need."