Private Wealth

• Regulated trust company businesses in Jersey offer vast expertise and experience in establishing and managing tailored structures for private clients.
• The stability and quality of Jersey’s Trust Law, a template adopted by many other jurisdictions worldwide, remains highly attractive to international private wealth clients
• Since their launch in 2009, Jersey Foundations have become increasingly popular with +400 foundations formed [1]
• Jersey holds +1,120 members of the worldwide membership for The Society of Trust and Estate Practitioners (STEP) – one of the largest branches globally [2]
• Jersey Finance hosts an annual private wealth event in London which attracts leading practitioners in this field

[1] Statistic correct as at May 2022 (Source: Jersey Financial Services Commission).  [2] Statistic correct as at September 2021 (Source: STEP Jersey branch).

Jersey is the leading jurisdiction globally for trusts, administering them since the 1960s.

An innovative foundations law has led to the growth in the number of Jersey Foundations. The structure is attractive because of its infinite duration, capacity, clear and transparent registration with the Jersey Financial Services Commission.

Their flexibility means that a foundation can be created for purposes which are charitable, non-charitable, or a mixture of both, with approximately one third being used for philanthropic purposes.

Our positive reputation, wide range of structures and forward-thinking expertise sets us apart as an industry leader in philanthropy.

Jersey’s trust law means we can adapt a range of structures to focus on philanthropic objectives, all offering a degree of flexibility. Our charitable trust is a particularly attractive option. For altruistic, but not directly charitable, objectives (including humanitarian, research and ecological causes), our non-charitable trusts are ideal structures.

The Jersey foundation has become a popular alternative to the trust structure. A foundation can be created for charitable or non-charitable purposes, or a mixture of both.

As well as flexibility, foundations have additional appeal:

• They offer infinite duration
• They’re clearly and unambiguously registered with the Jersey Financial Services Commission
• Their council of members structures are flexible in terms of composition
• They provide a ‘guardian’ safeguard, making certain that the council of members maintain a clear charitable focus

In fact, Jersey Foundations are now so popular that more than 400 have been established since their launch in 2009. Around a third of these are set up for philanthropic purposes.

Jersey’s Charities Law

Jersey’s Charities Law, which is also open for the registration of charities in Jersey, is modern and sophisticated, and caters for the needs of small local charities, as well as global philanthropic enterprises. The frameworks provided by the Law are unique and flexible, while they provide appropriate levels of governance and accountability. Read our Charities Law factsheet.