Ogier launches unique service for wealthy

The law firm Ogier launched a new financial service aimed at providing the very highest levels of personalised wealth planning services to ultra high net worth individuals and family businesses.

Branded Ogier Private Wealth, the firm’s 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.

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 said the firm had been seeing an increased number of individuals and families with significant wealth creating new investment structures.

‘Often [they are] involving a private trust company utilising a number of jurisdictions, either for succession planning purposes or for the receipt of contributions from their employers… investing into western markets, through real estate or fund vehicles,’ he said.

‘A significant number of these clients are expressing a strong preference to work with an independent trust company and we believe Ogier Private Wealth fulfils that need.’