Family Offices, whether for a single family or multiple families, are by their very nature highly personal and each has at its heart the needs of individuals together with each family as a group. To understand these requirements and to ensure that you benefit fully from our services, our method of working is divided into the following elements:
Planning
Our initial discussions aim to gain as full an understanding as possible of your particular family - who is involved, where they live, what tax implications there may be and in what way the services we offer can be of benenfit. We welcome the opportunity to meet with other advisers to the family to build a cohesive team to work together for common aims.
Implementation
Following these discussions, we will appoint a dedicated relationship manager who will be your primary point of contact. He or she will be a long-serving member of the Bank who will ensure efficient, accurate and speedy service and will liase on your behalf with the specialist technical teams within the bank, including treasury, fiduciary, fund administration, custody and investments. We encourage regular face-to-face meetings at your offices, in Guernsey or elsewhere to keep up-to-date with your requirements.
Reporting
Financial reporting requirements are unique to each individual situation. During our initial discussions we will design a reporting environment that works for you and can evolve with your future requirements.
Education and sharing of knowledge
Our role as a key adviser to many families allows us to build a nucleus of information, both practical and technical, on structures, investment asset classes, administration and governance issues. We are committed to provide you with access to this knowledge on a regular basis where we feel this would add value.
The key financial services that Butterfield Bank Guernsey offers to Family Offices are listed below. In addition we can provide you with access to a wide range of complementary services.
- Reporting and Accounting
- Fiduciary
- Fund Administration
- Custody
- Internet Banking
- Treasury, Banking and Lending
- Investments
