Guernsey has more than 50 years of history in providing
specialist wealth management and fiduciary services. The island is
pivoting to deepen its expertise in family office services. In an
interview with STEP Journal, Guernsey Finance Chief Executive
Dominic Wheatley explains why.
What has Guernsey's traditional success in wealth
management over the past 50 years been based on?
Guernsey has thrived on the three cornerstones of stability,
security and service. We have a history of 800 years of
constitutional independence, coupled with political and economic
stability, which creates a strong and stable platform. In 2001
Guernsey became one of the first jurisdictions to regulate trust
and corporate service providers, enhancing the protection of
beneficiaries. And Guernsey providers specialise in bespoke
structuring to suit the visions, values and purposes of their
clients.