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ARTICLE · 02 DECEMBER 2019

Guernsey Pivots To Private Capital

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.

GuernseyFinance and Banking

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.

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