Stepping into the world of Private Wealth in the Cayman Islands
Last week our Group CEO, Andy and Cayman Islands Director, Garry, attended the STEP Cayman Islands conference.
A premier event in the private wealth sector, our leadership team took the chance to meet with our network of intermediaries in the Cayman Islands that we work closely with. In addition to, networking and engaging with thought leaders, who delved into Cayman’s current private wealth landscape.
The event covered a series of current topics shaping the private client industry, from estate planning, STAR trusts and residency. A key takeaway the event highlighted is that the Cayman Islands continues to remain a globally leading jurisdiction to protect and preserve family wealth. Here are the key reasons why it boasts an attractive location for structuring wealth;-
Robust asset protection and wealth generation:
The legal framework enables efficient wealth transfer to future generations, while offering strong asset protection against creditors and legal disputes.
Flexible trust structures:
There are a wide range of trusts available which are ideal for estate planning, including discretionary trusts, purpose trusts and reserved trusts.
A hub for Family Offices:
There are an increasing number of family offices setting up in the Cayman Islands due to its infrastructure that supports governance, succession planning and investment management.
Strong privacy laws:
High Net Worth Families and their wealth planning strategies are protected by confidentiality in financial and legal matters.
Why Affinity?
With over 20 years of experience in the private wealth sector, we understand how to implement a unique strategy to meet a client’s desired goals. We have helped several families achieve their personal and financial goals. Our Group footprint encompasses a range of jurisdictions which are ideal for structuring wealth, including the Isle of Man, Malta, Cayman Islands and USA.
Our bespoke range of services include;-
- Luxury asset management
- Bespoke consultancy from a dedicated point of contact to understand the family’s values, unique desires, long-term goals and objectives.
- Fiduciary services, including corporate structuring, Trust services and on-going administration
- Estate planning
- Insurance and Risk Management
- Financial Reporting
- Asset protection and succession planning structures
- Legal and tax services via our trusted network of intermediaries
Contact us
Contact our team directly for a one-to-one conversation. Our personal approach involves a tailored service to meet unique client requirements and goals.
