Citywealth - Trust Companies Articles
28 Jul 2010
Trusts are not just for the wealthy says law firm Adams & Remers
The assumption that trusts are only useful for financial planning for the wealthy should be revisited by people looking to reduce their exposure to nursing home fees says Adams & Remers LLP. Lisa Gibbins, solicitor at Adams & Remers comments: “Whilst most people probably associate trusts with the wealthy it is also beneficial for those with assets below the inheritance tax nil rate band to consider putting their property into a trust because this means only half of the asset will be assessable for the purposes of local authority care home funding.” Read more...
26 May 2010
AAMIL at the Citywealth Magic Circle Awards 13th May 2010 Landmark Hotel
Guests dressed in their flapper and 1920-30's finery gathered in the Empire Room where Neville Hair & Beauty had two staff ready to offer manicures and hand massages before moving into the ballroom for a three course dinner with wine and later an after dinner bar courtesy of Citywealth. Private wealth managers and advisers partied long and hard and many were keen to continue and eventually headed off to London's best nightclub: Annabel's. Read more...
26 May 2010
AAMIL at the Citywealth Magic Circle Awards 13th May 2010 Landmark Hotel
Neville Hair & Beauty attended the Citywealth Magic Circle Awards on 13th May 2010. In the champagne drinks reception sponsored by Katten Muchin Rosenman with Snow Leopard Vodka also offering "moonshine" cocktails to fit our theme "celebrating the end of the Great Depression". Read more...
26 Oct 2007
To trust or not to trust…
Globally the use of private trust companies is on the increase, says Steve Cantor, Managing Partner of Cantor & Webb a Miami law firm. “We’ve been seeing private trust companies set up increasingly when a family has a group of businesses across multiple jurisdictions.” Dealing with many South American families he says his clients choose this option because they don’t want a trustee to run their business but would prefer a family member in control. Read more...
01 Dec 2006
The emerging might of equity trust
So is Hugo just a money man? Out to cash in on the trust business and walk away? He says resolutely not. “I love the business and just doing it to make money doesn’t interest me. I love the entrepreneurship - I can build something significant here. We now have a portfolio of distinct products which are running successfully. We have the worlds leading trust company and plan to be the best. The only area that needs some work is structured finance.” He adds further “its funny, many people have a view that trust is a backwater but I compare it to the brokerage business from the eighties. It was little regulated, it didn’t rely on technology and the business was fragmented but just about to get global. Capital requirements (because of regulation) are now becoming a barrier to entry. The trust business is going to be tech driven and multi jurisdictional.” Read more...
20 Oct 2006
Investec: from Johannesburg to Guernsey
Gurney says Investec Trust get “quite a lot of referrals from Investec group worldwide.” They are one of the top companies on the islands with overall 2000 trust entities and 1000 clients. Read more...
