Trust Companies
High Net Worth Guide 2024 : Bahamas
Spotlight
About
Provided by Butterfield Trust Group
Firm Overview
Butterfield Trust has been in the business of establishing and administering fiduciary structures for our clients since the advent of international trust legislation more than 80 years ago, and delivers services to international clients through independent companies based in Bermuda, The Caribbean (The Bahamas and the Cayman Islands), Guernsey, Singapore and Switzerland, which together have responsibility for USD 131.1 billion in assets. Butterfield Trust operates as a genuinely independently minded fiduciary specialist but benefits from the financial strength, substance and disciplines of the Butterfield Group.
Main Areas of Practice
Private client services
Our services are carefully crafted to meet specific requirements and to take advantage of the unique solutions and legislation available in our key locations globally. They include:
- Trusts
- Discretionary
- Charitable
- Purpose
- Reserved/Directed Powers
- STAR (Cayman Islands)
- Shariah Compliant
- Company Formation and Administration
- Partnerships
- Private Trust Companies
- Foundations
Institutional client services
Our services for institutional clients are equally tailored to respond to specific requirements from our key locations. They include:
- Trusts / Purpose
- Partnerships
- Investment Companies
- Employee Benefit Trusts
- Unit Trusts
- Segregated Account Companies
- Private Funds
- Tailored Administration Arrangements
Chambers Review
Butterfield Trust is known in the Bahamas market, both for banking and for fiduciary and corporate structuring services for high net worth individuals. It is a long-established bank in the Caribbean, and in the Bahamas it is considered to do complex work for high-end clients.
Strengths
Provided by Chambers
"Butterfield would have some interesting structures with various vehicular elements within a trust structure which are more complex."
"Their portfolio is very large in the Bahamas. They are one of the gold standards if you wanted a trust company with lots of infrastructure and international networks."
"Butterfield would have some interesting structures with various vehicular elements within a trust structure which are more complex."
"Their portfolio is very large in the Bahamas. They are one of the gold standards if you wanted a trust company with lots of infrastructure and international networks."
Members
Provided by Butterfield Trust Group
Craig Barley
Head of Department