HSBC Private Bank has announced that it will consolidate all of its European private trust and fiduciary administration services into one office based in Jersey.
Franco Morra, Global Private Bank Regional Head, EMEA, commented:
“We are one of the world’s leading trust and fiduciary services providers focusing on estate and succession planning, family governance and philanthropy. We have made significant investment and enhancements to this business over the past couple of years, including the investment in a new technology platform. The concentration of our European administration services in one hub in Jersey, where we already manage some of our largest trust relationships, will further improve our operational efficiency and will ensure that the structures we administer meet the ever growing regulatory requirements. In line with our complete commitment to Swiss private banking, we will establish a Swiss-based front office to focus solely on the highest standards of relationship management that our clients expect. Also, to accommodate the additional business arising from the transfer, HSBC Private Bank is currently adding a number of roles to its trust administration teams in Jersey.”
Barclays Wealth Advisory has hired Janiec Turnbull at VP level.
Ms Turnbull was previously a Senior Manager with Standard Bank Trust Company and before that ran her own business Turnbull Advocate.
Withers Bergman LLP announced today that prominent trusts and estates attorney Mark E. Haranzo has joined the firm’s New York office as a partner.
Mr. Haranzo has twenty years of experience in the trusts and estates field representing a high–net-worth clientele in both the U.S. and abroad. Although an American who advises primarily on U.S. law, he is admitted as a solicitor in England and Wales and represents an important clientele there — a natural fit for Withers. He is also admitted to practice in the states of New York, Connecticut, Florida, Massachusetts, New Jersey, and West Virginia. Most recently, Mr. Haranzo was a partner with the law firm of Wiggin and Dana LLP.
Regarding the arrival of Mr. Haranzo to the firm’s New York office, U.S. Regional Senior Partner Ivan A. Sacks commented, “We’re delighted to welcome Mark to the firm. His experience advising domestic and international high-net-worth clients is a natural complement to the firm’s representation of wealthy individuals, families and businesses around the globe.”
Mr. Haranzo lectures and writes extensively on trusts and estates law related issues, and is the co-author of a three-volume practice guide, Harris 6th Edition, New York Estates, published by WestGroup. He is a Fellow of the American College of Trust and Estate Counsel. Mr. Haranzo has also been recognized for his accomplishment in a number of surveys and is currently listed as a “SuperLawyer” in both Connecticut and New York.
Mr. Haranzo is an active advisor to a number of charitable organizations. Among other posts, he serves as Deputy Chairman of the Board of Trustees of the American Museum of Britain.
Mr. Haranzo’s addition to Withers Bergman, which is a finalist for a 2012 Private Asset Management (PAM) Award for best private client law firm, comes on the heels of other recent hires by the firm and the build-out of more office space in New York to accommodate its strong growth. The firm currently has nine offices around the world, and is considered the largest in the private client space.
About Withers Bergman LLP
Withers Bergman LLP is an international law firm dedicated to the personal, business and philanthropic interests of successful individuals, their families and advisers. The firm has over 300 attorneys worldwide who have experience in tax, trusts and estates planning, as well as commercial, litigation, employment and other legal issues facing our clients.
The firm has offices in New York, New Haven, Greenwich, London, BVI, Geneva, Hong Kong, Milan and Zurich.
Appleby has appointed Vanessa Schrum to the role of Bermuda local practice group head for the Private Client and Trusts Practice Group.
Ms Schrumhas been with Appleby for 13 years and has extensive experience advising on a wide range of trust and estate planning matters.
Vanessa has extensive experience on a wide range of trust and estate planning matters. She often advises on the use of Bermuda private and commercial trust structures (including purpose trusts and unit trusts), the administration of complex and large estates and all areas of probate and equity matters in Bermuda including applications to the Supreme Court of Bermuda. She drafts and reviews all forms of trusts and ancillary documentation, Wills, Enduring Powers of Attorney, Health Care Directives and other estate planning documents and is responsible for general practice within the team.
Her published works are numerous and include contributions to the Bermuda sections in the 2010 European Lawyer Private Client Tax, Tolley’s International Succession Laws, Tolley’s Planning and Administration of Offshore and Onshore Trust, various OFC Reports and the STEP Directory. She has been a frequent contributor of articles to the ‘Legally Speaking’ column in the Bermuda Royal Gazette and often writes and lectures on trust and estate planning topics, both locally and internationally.
Source: The Royal Gazette Online
Richard Moyse from law firm Boodle Hatfield has been awarded the Lifetime Achievement Award by the Society of Trust and Estate Practitioners (STEP).
The award was made on 15 September in recognition of Richard’s widely admired judgement, objective advice and client care skills.
The Judges said, “Richard Moyse is an almost legendary figure in the private client world, who over 40 years of practice, combined commitment to his clients, and their individual demands, with wise and balanced advice.”
Commenting on the award Richard Moyse said: “I am extremely proud to have won the lifetime achievement award. I am delighted that, as is reflected in the success of STEP, private client matters, and especially the international aspects, are now regarded as of primary importance to the professions.”
Richard specialises in UK and international capital tax planning for individuals, trustees and business, is known for his intellect and great knowledge of the private wealth world. Succession, asset protection and heritage property are all part of his practice area. He also has considerable expertise in trusts, probates and conflict of Laws and acts as an expert witness.
In addition to his membership of STEP, Richard is recent past President of the International Academy of Estate and Trust Law, a member of the Capital Taxes Sub-Committee, and was a founding member of the Solicitor’s Tax and Revenue (STAR) Group.
Richard contributes widely to technical journals and lectures extensively in the UK and abroad. An Oxford University graduate who joined Boodle Hatfield in 1973, he was Senior Partner from 1999-2004.
Conyers Dill & Pearman has announced the continued commitment to the development of its Trust & Private Client practice with the hire of Blair L. Botsford in Bermuda.
Blair brings extensive expertise in estate planning and administration, trusts, incapacity planning and taxation. Her practice focuses on the preparation of Wills, trusts, powers of attorney, living wills, applications for grants of representation, mutual will agreements, estate and trust accounts. Blair also specialises in cross-border estate planning, as well as contentious trust and estate matters.
Blair was previously a Partner in the Waterloo office of Canadian firm Miller Thomson LLP, where she specialised in private client matters including multi-jurisdictional transactions. While at Miller Thomson, Blair also acted as outside counsel to Canadian Bank CIBC, where she coordinated a variety of contentious trust and estate matters.
Alec Anderson, Global Head of Trust & Private Client, commented: “I am delighted to welcome Blair to the Conyers Trust & Private Client team. She brings a wealth of legal experience and is a valuable addition to our practice as we continue to reinforce our position as a leading private client practice.”
Commenting on her move to Conyers, Blair said: “Conyers has a long-established reputation as a leader in offshore trust and private client law, with a broad practice encompassing all aspects of contentious and non-contentious work. I look forward to playing my part in the team and seeking to add value to Conyers’ client focussed services.”
Blair is a member of the Law Society of Upper Canada and STEP. She holds an MA in Economics from McMaster University, an LLB from University of Western Ontario and a BA in Honours Economics from University of Waterloo.
Conyers’ Bermuda Trust & Private Client practice has maintained its dedication to its investment in the country’s status as a leading trusts jurisdiction. The team has recently played a leading role in legal developments regarding the scope of the Bermuda Court’s jurisdiction of the court under S.47 of the Trustee Act 1975, which has led to the discovery of new estate planning opportunities for multi-jurisdictional families.
Blair’s hire follows a successful year for Conyers’ Global Trust & Private Client practice, which launched a BVI practice in 2010 and which continues to grow its Cayman private client practice. The firm’s lawyers continue to deliver bespoke legal structures and solutions, and responsive advice and fiduciary services to wealthy clients and their legal advisors.
Appleby has announced that, with effect from 1 April 2011, Carlos de Serpa Pimentel, a leading trust practitioner in their Cayman Islands office, will assume responsibility as Global Practice Group Head for the Private Client and Trusts Practice Group.
Carlos, who has led this practice in the Cayman Islands office, is taking over the global responsibility previously undertaken by Tim Faries, who will continue to lead Appleby’s Insurance practice.
In addition to being consistently ranked highly in a number of leading legal directories, in Chambers Global 2010 clients described Carlos as “conscientious and talented” and “a sensible and practical lawyer, respected for his technical knowledge and attention to detail”. Carlos specialises in all aspects of Cayman Islands trust law and trust litigation matters for both the British Virgin Islands and Cayman Islands. He regularly advises trustees and ultra high net worth individuals on the establishment, restructuring and administration of trusts, and the use of private trust companies as well as providing advice to protectors, enforcers and beneficiaries on a variety of trust related matters.
Carlos is Chairman of STEP Cayman Islands as well as a panel member of experts judging the prestigious annual STEP Private Client Awards. He regularly speaks at trust conferences and is an active contributor to trust law journals and the wider press on all aspects of trust law. For more information on Carlos’ experience, please visit applebyglobal.com.
Group Managing Partner, Peter Bubenzer said “Appleby’s Private Client and Trusts practice is widely recognised for its international scope and talented individuals. Carlos is highly respected in this field and I very much look forward to seeing him take the practice from strength to strength.”
Fiduciary Trust Company International, a leading wealth management firm headquartered in New York City, has announced the addition of Mary Davey and Lisa Marcus, who join the firm’s New York office as senior relationship manager and business development officer, respectively. Davey reports to Debra Feeks, head of relationship management. Marcus reports to Luke Fowler, director of business development.
“Fiduciary Trust is experiencing record growth as demand for our time-tested, full-service wealth management capabilities continues to increase,” said vice chairman and general trust counsel, Gail Cohen, who oversees the firm’s relationship management professionals. “Inter-generational wealth transfer is becoming increasingly complex as families look to establish legacies and hand the reins over to the next generation. Mary’s experience providing customized solutions to multi-generational families is an excellent complement to Fiduciary Trust’s holistic approach to managing our clients’ wealth.”
“Our growing team reflects the firm’s commitment to strategically expanding our business,” added Fowler. “Lisa’s in-depth knowledge of our industry, combined with her high energy and enthusiasm, will certainly contribute to our efforts as we look to build on the momentum of the past two years and work to build enduring relationships with our clients.”
Davey joins the firm with more than 25 years of wealth management experience. As a senior relationship manager, she is responsible for managing the delivery of the firm’s in-house expertise and global resources to best meet the multi-generational needs of clients and their advisors. Prior to joining Fiduciary Trust, Davey held positions of increasing responsibility at Citibank and Chase before taking over as managing director in the multi-family office division of U.S. Trust Company. She joins Fiduciary Trust from Morgan Stanley Trust where she was executive director of the Family Wealth Group. Davey earned her Bachelor of Science degree in 1985 from Fordham University and is a board member and finance committee member of the Mercy Center in the Bronx, NY.
Marcus joins Fiduciary Trust with more than 25 years of wealth management experience. She is responsible for building new investment and trust relationships with individuals, families and foundations. Prior to joining the firm Marcus was a managing director at Lehman Brothers/Barclays Wealth Management. Previously, she worked 18 years at U.S. Trust Company advising families with entrepreneurial wealth. In addition, Marcus was a senior tax accountant at Arthur Young. Marcus earned her Bachelor of Science degree in 1984 from Washington University in St. Louis. She is a board member of the Jewish Family Service of Northern New Jersey and a Washington University North Jersey Regional cabinet member. She holds Series 6, 7, 63 and 66 securities licenses.
Fiduciary Trust Company International, a leading wealth management firm, has served individuals, families, endowments and foundations since 1931. The firm specializes in strategic wealth planning, investment management, trust and estate services, as well as tax, custody and banking services. The firm and its subsidiaries maintain offices in New York, Miami, Los Angeles, San Mateo, Sarasota, St. Petersburg, Washington, D.C., Wilmington, London, Hong Kong and Grand Cayman. For more information, please visit fiduciarytrust.com.