Ogier, one of the leading providers of offshore legal and fiduciary services is launching a new service aimed at providing the very highest levels of personalized wealth planning services to ultra high net worth individuals and family businesses.
Branded Ogier Private Wealth, the team will provide a wide range of tailored solutions 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.
Commenting on the launch of Ogier Private Wealth, Jonathan White, Ogier Group Chairman, stated, "Ogier has an outstanding track record in the provision of legal and administration services to the private client market. Through the launch of Ogier Private Wealth we are bringing together a number of related services and forming a dedicated team that will focus on providing our clients with the widest range of wealth planning solutions."
Ogier Private Wealth will comprise 20 lawyers and 50 professional administrators across Ogier's nine offices, a network that serves all time zones and major financial centres. Ogier is unique in the offshore world in that it is the only offshore firm that has a substantive presence in each of the four leading offshore centres - BVI, Cayman, Guernsey and Jersey.
Philip Norman, Partner and Head of Private Client Administration at Ogier added, "We have seen an increasing number of individuals and families with significant wealth creating new structures, often involving a private trust company utilizing 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 fulfills that need."