Award winning independent private client fiduciary Accuro has announced a new Employee Benefit Trust for the benefit of all of its staff. Accuro’s management own over 90% of the firm and with the balance being settled into an EBT (administered from Jersey), this ensures all staff throughout the Group share in its profitability and success.
The launch of the EBT celebrates the rise of Accuro following its management buyout and its remarkable story, evidenced by impressive growth and the buy-out of its external private investor within just three years of launch.
Commenting, Xavier Isaac, CEO of Accuro said: “Our new EBT demonstrates our commitment to embracing a broader purpose than serving only shareholders. Our staff are key stakeholders in our business. In 2017 we pledged to broaden equity participation in our Group to all staff. We are proud to have fulfilled this so quickly. We also see this as a meaningful step within our mission, which is to care for families, their wealth and legacy whilst leading positive change in the global trust industry. Investing in our staff ensures we can put our clients first and assure the future succession of our business from within. It also reinforces our culture; we see all our staff as partners and as proud ambassadors of the Accuro brand.”