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

375 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 375 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 December 2018 (Source: JFSC)
*^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
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.
Read more ›
Markets served by this sector
Jersey Wins Best IFC at The WealthBriefing Asia Awards 2019

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Hubbis Malaysian Wealth Management Forum 2019

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Pinel Advocates Recruits Senior Probate Lawyer

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Stats the way I like it

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Jersey Wins Best IFC at The WealthBriefing Asia Awards 2019

Jersey Industry News, Our News

31 May 2019
Put Simply: Capital Markets

Research

31 May 2019
Hubbis Malaysian Wealth Management Forum 2019

Location: Hilton Kuala Lumpur, Malaysia

04/07/2019
People Power

CEO Blog

2 May 2019
Pinel Advocates Recruits Senior Probate Lawyer

Jersey Industry News

1 May 2019
Stats the way I like it

CEO Blog

24 April 2019