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Managed Trust Company Advantages

 

1) Decreased costs when compared to operating a fully staffed independent office, yet maintains the presence of the Company in Bermuda.

2) Trust Company is managed by an experienced team of trust professionals, with the Managing Director being a Registered Trust and Estates Practitioner.

3) Enhanced network of local contacts which ensures that the Trust Company is up to date with the latest Government or industry legislative amendments.

4) Removal of staffing concerns due to work permits, office accommodation and residential accommodation.

5) Management fee is on a negotiated basis, leaving the Managed Trust Company or the parent company with the net profit from the operation.

6) Once the Managed Trust Company has established a significant book of business it would be possible to open a fully staffed independent office in the future.