Barclays Wealth has set up a national trust
company in Delaware to serve its US-based high net worth (HNW)
clients.
Barclays Wealth Trustees (BWT) is to act as a
trustee, co-trustee or agent in trust admission for HNW
individuals, who can choose between any legislation in all 50 US
states when creating a trust.
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Barclays Wealth managing director and global
head of wealth advisory Rob Withecombe said BWT’s fiduciary
services followed a disciplined asset allocation process that
leverages Barclays Wealth’s research team and investment
strategy.
International trust expertise
expanding
Barclays Wealth has trust service offices
worldwide, including in the Cayman Islands, Geneva, Guernsey, Hong
Kong, Jersey, Singapore and the UK, offering its clients access to
fiduciary services in multiple jurisdictions.
In the Americas alone it has 14 offices,
including the trust company, and has launched two other trust
businesses in Asia since 2008.
