Fiduciary services provider International Protector Group (IPG) has opened an office in Switzerland in order to expand its niche estate planning Bahamas-based business
IPG Switzerland will enable Swiss-based trustees and their professional advisers to use IPG’s recently launched Bahamas Executive Entity (BEE), a service which, says IPG, “acts as a power holder to resolve complex governance issues in fiduciary and wealth planning structures.”
The BEE service gives clients greater control in administration and security of their wealth, adds IPG. The company’s recent research on market reaction to the BEE found that amongst trust specialists in Geneva and Zurich, 83% of respondents said they believed it to be an “important tool to strengthen and simplify their international estate and estate planning structures.”
CEO Andrew Law said this move to Switzerland is a culmination of four years of strategic and careful planning. “As protectors feature increasingly in estate management, both private clients and professional intermediaries can turn to us for guidance on a wide range of trust consultancy issues. They can draw on the expertise of our team who are well versed in the international trust business. Our focused, research-driven approach ensures we have a complete understanding of each client’s requirements, and we are able to offer bespoke, tailored solutions to suit very specific needs.”
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