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Counterparty · Trust company

Andros Sound Trust Company

Andros Sound Trust Company acts as trustee and corporate services provider for private-wealth structures that sit in the same jurisdiction as the Nassau booking centre. The relationship dates from the opening of the Nassau office in 2022. It currently acts as trustee for structures established by 21 of the 61 family relationships in the Private Wealth & UHNW division, most of them covered from Palm Beach, Miami and Nassau.

Type
Trust company
City
Nassau
Region
Caribbean
Relationship since
2022

The relationship

Clients use Andros Sound where they need an independent trustee that is separate from the institution managing their capital and close to the booking centre. Families whose structures are administered from St Helier use a Jersey trustee instead. The trust company holds legal title, keeps the register of beneficiaries, and signs distributions against instructions verified by the Nassau desk. IGUAKO retains investment discretion. The separation is deliberate and is explained to every family before a structure is formed.

Services to IGUAKO and its clients

  • Independent trustee services for private-wealth structures
  • Foundation and purpose trust administration
  • Registered office and corporate secretarial services
  • Distribution verification against Nassau desk instructions