Big or boutique?

For many ultra-high net worth families, that is a question that faces them when looking to appoint professionals trustees to oversee and manage family wealth for the benefit of future generations.

The wealthy have always had advisers to handle their financial affairs, but in the past decade the business of managing wealth has become more complex and the landscape of providers has undergone dramatic change. 

Many private banks have divested themselves of their trust companies to focus on investment management, whilst smaller and medium-sized trust companies have been consolidated by privat...