Sectors

Private Wealth

Jersey has more than 50 years' expertise delivering private wealth management from trusts and estate, future succession planning, to popular foundation structures.

Jersey Finance

Overview Latest
£400 billion

in trusts established by private individuals

385 foundations

formed since the Jersey Foundation was launched in 2009

1,282 members

of the Society of Trust and Estate Practictioners (STEP)

In brief In Jersey, we’re proud to offer a modern and sophisticated legal framework, enabling us to lead the way in delivering private client services vital to the health of the finance industry, worldwide.

These range from simple trusts and underlying company structures for UK families, through to high value and complex structures working with trusts, companies, limited partnerships and foundations for international families.

The establishment of ‘virtual’ offices for ultra-high net worth families are also available, as are structures for corporates looking to support and reward staff.

Key Facts
  • Jersey has £400 billion in trusts established by private individuals*
  • Since their launch in 2009, Jersey Foundations have become increasingly popular with 385 foundations formed**
  • Jersey holds 1,282 members of the worldwide membership for The Society of Trust and Estate Practitioners (STEP) *^ – one of the largest branches globally
  • Jersey Finance hosts an annual private wealth event in London which attracts leading practitioners in this field

*Source: Capital Economics, 2016
**Statistic correct as at September 2019 (Source: Jersey Financial Services Commission)
*^Statistic correct as at July 2018 (Source: STEP Jersey branch)

Trusts and foundations

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.

Work
Jersey: The Clear Choice for Family Offices
Over the last decade, Jersey has seen a significant increase in the number of family offices, not only establishing on-Island, but also migrating to Jersey from other jurisdictions.

To help us better understand the mindset of today's family office, we worked closely with some local family offices to listen to their personal experiences and to understand the rational behind establishing their businesses in Jersey as a leading international finance centre.

Download the brochure here.
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News
Celebrating 10 Years of Jersey Foundations
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Work
Jersey for Private Wealth
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Work
Put Simply: Private Wealth
Private wealth is a key sector of the finance market in Jersey. Put simply, it’s how people and families manage their wealth. We’ve produced a series of explainers on some of the services used to manage private wealth.
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Markets served by this sector
Collas Crill Ranked in Chambers and Partners UK

Jersey Industry News

16 October 2019
STEP Journal Jersey Supplement 2019

Articles, Publications

10 October 2019
Director Promotion at Intertrust

Jersey Industry News

10 October 2019
Recognition for Growing Walkers Team in Legal 500

Jersey Industry News

3 October 2019
Video: Building Better Futures

Video

26 September 2019
Collas Crill Grows Jersey IPCT Team

Jersey Industry News

23 September 2019
Collas Crill Ranked in Chambers and Partners UK

Jersey Industry News

16 October 2019
STEP Journal Jersey Supplement 2019

Articles, Publications

10 October 2019
Director Promotion at Intertrust

Jersey Industry News

10 October 2019
Recognition for Growing Walkers Team in Legal 500

Jersey Industry News

3 October 2019
Video: Building Better Futures

Video

26 September 2019
Collas Crill Grows Jersey IPCT Team

Jersey Industry News

23 September 2019