Ogier has a wealth of experience in working with different types of family office, local and international families and providers of family office services in order to meet the diverse needs of UHNWI and their families and to understand the challenges facing them. In particular, Ogier has identified the increasing need for UHNWIs and their families to establish family offices with substance in our jurisdictions.

Our team advises independent family offices on a wide variety of legal, regulatory and private wealth matters. This includes advising on the establishment, offshore structuring and governance of family offices to hold and administer family business interests, luxury assets and investments, support private philanthropic activities, as well as on the establishment and regulation of private investment structures.

We can provide practical assistance in relation to the governance of family offices, in particular, the role of family members, external consultants and investment advisors in the family office structure, succession issues and generational planning and the creation of soft or hard frameworks to support interaction and communication between the family office, family members and their key advisors.

We can also assist with the legal and regulatory issues involved in establishing new family offices and for existing family offices including financial services regulation, necessary licensing and staffing permissions, AML reporting and obligations and data protection, together with the relocation of family members, family offices and staff to the Channel Islands and related business set-up, property, immigration and employment matters.

We can provide training to family office administrators to assist with CPD requirements.

Services

Establishment and structuring

  • Trusts
  • Foundations
  • Companies
  • Limited partnerships
  • Family unit trusts
  • Alternative structures, including cell companies
  • Private trust companies
  • Holding structures for luxury assets

Regulatory

  • Authorisation, licensing and registration of family office entities and advice on available exemptions from regulatory licensing requirements
  • Authorisation, licensing and registration of individuals where applicable
  • Financial services regulation (investment services, funds, trusts and corporate administration)
  • Business licences and staffing permissions including high value residency and licensed status applications
  • Anti-bribery and corruption/avoiding facilitation of tax evasion
  • Anti-money laundering (AML)
  • Data protection/GDPR
  • Policies and procedures
  • Family investment exemptions

Employment

  • Staffing permissions
  • Employment contracts
  • Policies and procedures
  • Registration with appropriate authorities
  • Secondment and consultancy arrangements
  • Immigration including work permits and visas
  • Income tax, social security registration cards, insurances

Offshore relocations and property

  • Offshore relocations –family offices/HNWI/employees
  • Business licences including high value residency and licensed status applications
  • Commercial investment acquisitions and sales
  • Commercial leases
  • Residential property
  • Settling into the Channel Islands
  • Introductions to other advisors and contacts

Governance

  • Family charters
  • Multi-generational families
  • Composition of boards by family members and professional advisors

Philanthropy

  • Establishing private charitable or philanthropic structures
  • Charity registration
  • Social impact investing and venture philanthropy

Wills and estate planning

  • Estate-planning advice
  • Probate
  • Wills and codicils