Offshore

Offshore Law Firm Launches High End Wealth Management Service

Nick Parmee 7 October 2008

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."

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes