Our mission is to provide independent and highly responsive services to handle the growing complexity of client affairs against a background of ever-increasing regulatory and fiscal tightening. The founder shareholders have been at the forefront of our business since inception, ensuring quality control in all areas, from client servicing to recruitment.
VIRTUS has facilities for handling any case in a number of reputable trust jurisdictions. The group’s headquarters and centre of administration are located in Guernsey (Channel Islands) with other companies and facilities in New Zealand, Cayman Islands and United Kingdom. We are almost unique as an independent non-US trust group in having a full US trust licence in South Dakota. The US capability enables VIRTUS Trust’s style and skills to be applied to those cases where a US trustee is essential for fiscal reasons or where asset protection is needed. The group also has mutual cooperation agreements with a trust company in each of Switzerland and Bermuda.
A key differentiator for VIRTUS in the fiduciary marketplace is the high level of informed interaction with our clients and advisers, backed up by financial monitoring and reporting. We employ qualified and experienced staff as client- facing executives combining the variety of disciplines which allow VIRTUS to achieve the historic and planned continuity of management and staff.
As a highly efficient and experienced independent fiduciary group we have a clear focus as to where the future of the private wealth business is leading. As increasing transparency of private wealth is required by governments we intend to be in the vanguard of service provision to the new generation of private clients seeking sophisticated services where complex activities can be handled on a timely but careful basis, something larger institutions are finding hard to deliver. This is where VIRTUS excels. A measure of VIRTUS’ rapid success with its formula came as early as 2009 when we won the leading Society of Trust and Estate Practitioner (STEP) award as the best Independent Trust Company of the year and were nominated again for the same category in 2013.
The following are a selection of comments received from clients or advisers in respect of VIRTUS’s services and capabilities: