Leaders List trustees: Focus on five

Date: 09 May 2023

Karen Jones

The trust industry has undergone a programme of globalisation and change in the last decade. It has also professionalised and raised the bar in standards and service.

Alex Gardner, Hakim Berhoune, Wendy Sim, Alice Dumoitier and Sara Schroter

Here Citywealth is delighted to focus on five trustees who are working at the top of their game across five jurisdictions. Listed alphabetically by surname.

Hakim Berhoune, Managing Director, Praxis Group, Switzerland

PraxisIFM Trustees is a provider of fiduciary and corporate services to high-net-worth individuals, families, and businesses with 400 staff overall and 12 in his department. Hakim is also a judge in the Citywealth IFC awards this year. In tune with the global economic environment which has seen debt restructuring take centre stage, Hakim says he has been involved with “debt refinancing at trust level and also the sale of real estate worth EUR 200+ million held in a trust structure.” A Private client review of his work said “Hakim is an excellent advisor and business partner. Absolutely reliable and correct in all dealings. A pleasure to work with.” He has twenty plus years’ experience in the trust industry.

Leave a review for him here: Hakim Berhoune | Citywealth Leaders List

Alice Dumoitier, Client Services Director, Equiom, Jersey

Alice is a qualified accountant with 20 staff in her department but with 550 overall. She manages key clients and oversees a number of teams for quality control purposes. Equiom headquartered in the Isle of Man is now shifting its axis to Jersey in the Channel Islands. She says she sits on the “board of a Private Trust Company (PTC) for a family trust and says, “contentious issues have involved divorcing beneficiaries and negotiating settlements.” Another sign of the economic times. Her industry experience is 17 years.

Leave a review for her here: Alice Dumoitier | Citywealth Leaders List

Alex Gardner, COO, Affinity Group, Isle of Man

Affinity Group are ahead of the game in many industries and recently opened in Cayman. eGaming and crypto are two fields that they have substantial knowledge in, which is supported by the Isle of Man government and financial services laws which includes new Token Based Software Supplier Licence. She says she gives “advice to clients on the regulatory environment, including assistance on navigating corporate, legal, AML and compliance requirements.” A peer review said “Alex has fantastic knowledge and experience in numerous sectors especially eGaming, Fintech and corporate structures. She is fast to respond to queries and always communicates in a professional manner and goes that extra mile to find the required solution. A pleasure to work with.” Affinity Group is a leading provider of trust, fiduciary, and corporate services to high-net-worth individuals, families, and businesses globally.

Leave a review for her here: Alex Gardner | Citywealth Leaders List

Sara Schroter, Managing Director, Meritus Trust, Bermuda

Sara has been the Managing Director of Meritus Trust, Bermuda for 6 years managing 24 staff. Many families are reviewing their structures to simplify and adapt to the changing, global environment and Schroter confirms this theme. She says she has been working on “trust restructuring deals over the last 12 months.” Meritus Trust is a boutique trust and corporate services provider that specializes in wealth structuring and estate planning for high-net-worth individuals and families. She has over 20 years of experience in the trust and fiduciary industry and has held senior positions in a number of leading financial institutions in Bermuda. A peer review raved about her “Sara has interpersonal skills to die for. Her brain is strategic, and savvy and she brings a strong intellect, focus on detail and organisational skill set to all that she does. Sara has seen legal problems from all sides – private practice, banking and trust company. Her experience and calm, friendly demeanour make her a joy to work with.”

Leave a review for her here: Sara Schroter | Citywealth Leaders List

Wendy Sim, Managing Director, Zedra, Singapore

With thirty years in the industry and 42 staff in Singapore, Wendy has a key position with Asian families. Her recent work involved helping resolve a “family business’s disputed succession plan.”

Zedra is a global independent trust, corporate and fund services provider with offices in key jurisdictions around the world. Mark Wong, co-managing director at PK Wong & Nair, Singapore said “Wendy and her team are knowledgeable, efficient and very professional. I would not hesitate to recommend them to our clients.”  

Leave a review for her here: Wendy Sim | Citywealth Leaders List

Research is underway on the Citywealth Leaders List directory to find this years recommended advisors who work with the worlds UHNW individuals and industry peers. Fill out our form here: Leaders List 2023/2024 – UHNW recommended professionals

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