This month in Lawyer Monthly Andrew Miller speaks international developments in advising UHNW families. Andrew Miller is Partner at Walkers' Cayman office and Head of the Global Wealth Structuring Group. He is also a member of the Steering Committee of Walkers' LatAm Group and specialises in all aspects of British Virgin Islands, Cayman and international wealth structuring and related regulatory work. His main line of work is for Ultra High Net Worth (UHNW) families and financial institutions.
Q. How have you seen financial institutions progress over the years in the Cayman Islands?
Particularly over the last five or so years, the world has become much more complex for UHNW international families. This has led to some, for instance, banks exiting the business but being replaced by what have become larger more specialised independent fiduciary companies.
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