Keith, a seasoned and skilled professional in the offshore financial services industry, has over 30 years of business management experience. Over the years he has held board directorships and senior management positions at Close Brothers, Bank of Scotland, Chase Private Bank and Hill Samuel Private Bank. Keith joined Fiduchi in September 2016 as Non-Executive Director.
Keith has been responsible for managing fiduciary businesses based across Jersey, Guernsey and the Isle of Man. He has a wealth of experience and expert knowledge in dealing with strategic planning, mergers and acquisitions, and corporate governance. Keith is also skilled in identifying and directing the development of new income streams from wealthy clients and professional intermediaries based across Europe, the USA and the Far East.
When not working, Keith enjoys spending time with his family and on occasion, can sometimes be found dancing the tango.
For most entrepreneurs, it has become vitally important that the successive generations do not dissipate the wealth accumulated over a number of years.
Clients are often advised to set up trusts as part of their wealth planning arrangements but for some, an offshore trust may hold a certain mystique. The purpose of this article is to explain some of the basics in establishing a trust together with the potential benefits that may be available.