Offshore Advisers

In the past year Stonehage Fleming’s Family Office Division has relinquished some management functions in order to work more closely with HNW clients and their structures, says partner Cora Binchy. The Jersey-based specialist and trustee advises families and their businesses on wealth planning, succession and governance. ‘In the last year, we’ve had [some] unpredictability in the geopolitical space, and that’s a little unsettling,’ she says. ‘But we are actually in a good space, because clients will come to us for counsel in times of volatility.’ Binchy also notes that clients have not seen the fallout from Brexit yet: ‘There are more immediate influences out there, including recent changes in the UK in tax.’

Cora Binchy