Bedell Trust has been named ‘Trust Company of the Year’ in the Citywealth Magic Circle Awards 2016.
The award follows both a period of significant expansion by Bedell Trust and its recent announcement of a management buyout designed to further accelerate its growth plans. In September last year Bedell Trust acquired a majority stake in a leading trust company in Singapore and earlier this year it strengthened its presence in European markets by opening an office in Luxembourg to provide corporate, private equity, real estate and private wealth administration services. Most recently it has established a presence in Cayman to provide fiduciary, company formation, administration and trustee services.
In addition to winning the trust company award at the black tie gala ceremony in London, Bedell Trust was also runner up in the ‘Family Office of the Year’ category.
The Citywealth Magic Circle Awards are well established awards in the private wealth calendar which recognise achievements in the international trust and private wealth industry and attract entries from the leading providers of private wealth services based in the City of London and the Crown Dependencies.
Nick Cawley, Chief Executive Officer, Bedell Trust, commented:
‘These awards reinforce our leading position in the market as we enter this exciting new stage in the firm’s growth plans. It is further recognition also for everyone at the firm who work hard to ensure we consistently deliver the very best service to clients.'
Pauline Gale of Bedell with Jonathan Giles (left) and host Rory Bremner.