Highly Skilled Outsourced Family Office Services
Establishing a structure to hold family wealth is one of the most important things our clients may have to do and securing the services of a company that can be trusted to act in the best interests as trustee, directorship or other fiduciary position is essential. This is where the team at Forward Group can help, building trust and working together to achieve the desired outcomes.
A fiduciary relationship arises where an individual or corporate entity is placed in a position of utmost trust and confidence to manage and protect property or money for another’s benefit.
Our team is best placed to help support those requirements and the following considerations are at the heart of our core values and company ethos:
Acting professionally and with the utmost integrity is essential and Forward ensures conduct in a friendly, personable manner is delivered with the utmost discretion. We ensure that fulfilment of objectives of the structure and compliance is maintained with the terms of the constitutional documents and the law.
Jersey trustees are also regulated by the Jersey Financial Services Commission and are required to operate in a transparent and cooperative way. Trustees and directors are legally accountable to those they serve and can face personal liability if they fall short standards expected of them. The experienced team at Forward ensure those standards are maintained in line with both the clients and regulatory requirements.
Forward ensures clients understand the differences between institutional, private equity and independent trustees and acts free from conflict or influence. The ability to do this and offer continuity of service and control risk appetite is embedded within our ownership structure.
It is essential to Forward that those overseeing the structure are confident in managing complex issues including cross-border challenges and to hold a wide range of asset classes. Having grown out of an accountancy practice with three Chartered Accountants amongst the directors, our experience in the real world stands us apart from most other fiduciary businesses.
KEY FEATURES & PROVISIONS
- Professional trustee or co-trustee
- Protector, enforcer or council member
- Corporate or personal directors
- Directors to the boards of Private Trust Companies
- Locally resident trustees and directors
- Robust governance & economic substance
- Commercial experience in a wide variety of industries