John Richmond

John Richmond

MD, Bermuda  |  Butterfield Trust
JURISDICTION

Bermuda

RECOMMENDS SPECIALISMS

Exotic Assets
Multinational Families
Simple Structures

TOP AREAS OF EXPERTISE

Dynastic trust structures for UHNW global families
Generational wealth transfer with increased focus on sustainable and impact
investing with an emphasis on ESG

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

Adjusting to the different challenges that COVID-19 has presented. Our business traditionally thrives off face-to-face contact with clients, so to be able to adapt to a new model and actually increase client interaction has been fantastic. I don’t see client travel disappearing entirely, however it is clear that remote, digital meetings will comprise a larger part of what we do going forward, and that resonates with the next generation of our clients in terms of mitigating our carbon footprint.

How did you get into private client?

I began my career as a Management Trainee with a local bank here in Bermuda, which gave me the opportunity to experience various aspects of finance. Trusts intrigued me, given the strong legal aspect required and I haven’t looked back since. That was 26 years ago.

What advice would you give rising stars/new lawyers in the private client world?

Be engaged and listen. Be responsive, but with your own conviction. A client may not always like what you have to say, but they should respect it (especially if you are proven correct).

What is your favourite quote?

Out of adversity comes opportunity.

Do you have any outside interests or hobbies?

I find myself talking to lawyers a lot… I like golf too.

When the restaurants reopen, where would you like to go?

My wife and I have our local here in Bermuda (Blu restaurant) which thankfully we are able to visit since the original lockdown period ended. Once we are able to travel again we will most likely visit one of our favourite restaurants in Edinburgh―Castle Terrace.

 


Mark Florance

Mark Florance

Executive Chairman for Asia  |  Butterfield Trust
JURISDICTION

Singapore

RECOMMENDED SPECIALISMS

Simple Structures
Exotic Assets
Multi-National Families

TOP AREAS OF EXPERTISE

My trust focus is on the higher value, more complex trusts, in line with Butterfield’s model. Growing businesses in Asia.

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

Being part of the team expanding Butterfield’s business in Asia and seeing the opportunities take shape.

How did you get into private client?

I have been in the finance sector my whole career, a lot of it in investment banking.  I have been involved with trusts for many years, but became more interested in it when I saw the potential of Butterfield’s model in the sector.

What advice would you give rising stars/new lawyers in the private client world?

Think laterally; imagine what the industry will look like in five years’ time and design your career accordingly.

What is your favourite quote?

“Life is not a rehearsal.”

Do you have any outside interests or hobbies?

I have pre-teen kids – hobbies are a luxury!  As for outside interests, I do spend a lot of time in the sustainability and ESG space.

When the restaurants reopen, where would you like to go?

In Singapore, the restaurants have been open since June 2020.  They are so busy it is hard to get a booking.  I am looking forward to getting back to Ku De Ta in Bali!


Jane Pearce

+44(0) 1481 751404

Jane Pearce

Group Head of Trust   |  Butterfield Trust
JURISDICTION

RECOMMENDED SPECIALISMS

Multi-National Families
Simple Structures
Exotic Assets

TOP 3 AREAS OF EXPERTISE

Complex investment structures.

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

Our ability to operate without interruption despite the challenges presented by the pandemic required ingenuity and a willingness to adapt, and showed a genuine commitment to care for our employees, clients and the wider community.

How did you get into private client?

People, families, relationships and a caring nature attracted me to private client work.

What advice would you give rising stars/new lawyers in the private client world?

You can have it all―a career, a life and parenthood―but not all at the same time. At different times you need to prioritise different things.

Do you have any outside interests or hobbies?

At the moment I would just love to go out with friends for dinner; it has been too long!

When the restaurants reopen, where would you like to go?

Murano’s. It is fabulous and where we held our daughter’s 21st.


Andrew Leggatt

Andrew Leggatt

Managing Director, Cayman Islands  |  Butterfield Trust
JURISDICTION

Cayman Islands

RECOMMENDED SPECIALISM

Exotic Assets
Multi-National Families
Simple Structures

TOP 3 AREAS OF EXPERTISE

Trust and corporate governance, balanced against relationship building.

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

A successful application brought before the Cayman Court to consider and if thought fit, bless a momentous decision to distribute the entirety of a trust to a sole adult beneficiary, a concurrent variation of the trust and determination as to whether the proposed actions would be detrimental to minors and unborns.

How did you get into private client?

I started my life in financial services as a bank teller and over time moved through the various roles in retail banking, culminating in an IT role; this saw me join a trust company and become exposed to the intricacies of relationships and the importance of neutrality and fairness.

What advice would you give rising stars/new lawyers in the private client world?

Reading, comprehension and relationships, not necessarily in that order are key building blocks to establishing and building long-lasting fiduciary relationships

What is your favourite quote?

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” ― Winston S. Churchill

Do you have any outside interests or hobbies?

Amateur dramatics – I have been known to operate lights for shows; and occasionally tread the boards myself.

When the restaurants reopen, where would you like to go?

We’ve been incredibly lucky in Cayman as most of our restaurants have remained open throughout. However, Steak 48 in Chicago, The Forge, Miami Beach, the Feijoada served at the Grand Hyatt in Sao Paulo on a Saturday, or for Scallops the Auberge in Guernsey, are all memorable and repeatable indulgences.


Serena Kwok

Serena Kwok

Executive Director - Kensington Corporate Advisory Services Limited  |  Kensington Trust
JURISDICTIONS QUALIFIED IN

Hong Kong

RECOMMENDED SPECIALISMS

Simple Structures


Andrea Jackson

Andrea Jackson

Board Member  |  Bermuda Business Development Agency (BDA)
JURISDICTIONS QUALIFIED IN

Bermuda

RECOMMENDED SPECIALISMS

Multi-national families
Simple structures


Alasdair Cross

Alasdair Cross

Senior Partner and Managing Director, Guernsey  |  Rawlinson & Hunter
JURISDICTIONS QUALIFIED IN

Guernsey

RECOMMENDED SPECIALISMS

Simple Structures
Trusts


Richard Baldock

Richard Baldock

Managing Partner  |  Baldock Associates
JURISDICTIONS QUALIFIED IN

United Kingdom

RECOMMENDED SPECIALISMS

Multi-National Families
Simple Structure


Katrina Williams

+44 (0)1534 825200

Katrina Williams

Director  |  Rawlinson & Hunter
JURISDICTIONS QUALIFIED IN

I am a member of STEP, and obtained the STEP paper in UK Taxation for International clients in 2013. I was named in the Private Client Practitioner’s Top 35 Under 35 for 2013 and 2015. As a Director of R&H Trust Co (Jersey) Limited, providing trust and company services, I work with UHNW International families and has particular experience in administering structures for clients connected to the UK and the US.

TOP AREAS OF EXPERTISE

Dealing with offshore trust and fiduciary structures.

RECOMMENDED SPECIALISMS

Exotic Assets
Simple Structure

Q&A

What has been the highlight of your practice over the past 12 months?

In the past 12 months I have continued to work with both US and UK connected clients, private equity executives, entrepreneurs, PTCs, and a very significant family business.


Justin Thomas

+44 (0) 1534 828 485

Justin Thomas

Managing Director  |  Affinity Private Wealth
JURISDICTIONS QUALIFIED IN

Jersey

RECOMMENDED SPECIALISMS

Exotic Assets
Simple Structure