A BFSB/STEP hosted one-day seminar on wealth planning and management needs of both domestic and international clients. The event will be held in the Seabreeze Ballroom of SuperClub Breezes.
Sessions will provide an overview of the Private Trust Companies, SMART Funds and Foundations products and services. Others will focus on domestic asset management and wealth planning. Specifically:
• Private Trust Companies: The PTC is a hot topic, both in The Bahamas and internationally. Come and learn about The Bahamas approach, how it differs to that of competing jurisdictions and factors to be considered before recommending these structures to your clients. Session presentations include how PTCs are established and utilised. Speakers: Andrew Law, President & CEO, International Protector Group; Michelle Neville-Clarke, Partner, Lennox Paton; Nadia Taylor, Associate, Higgs & Johnson.
• SMART© Funds: In an environment requiring greater regulatory oversight, The Bahamas SMART Fund meets the needs of a range of clients. For those managing assets, providing seed capital or administering a family office, see why consideration should be given to the benefits of SMART funds. Hear how SMART funds can meet the needs of your clients. Session includes a formation overview. Speakers: David Thain, Managing Director, Arner Bank & Trust; David F. Allen, Associate, McKinney Bancroft & Hughes.
• Foundations: This estate planning tool enjoys great familiarity in civil law countries and may now be established in The Bahamas for private, charitable or commercial purposes. Presentations will consider why so many common law jurisdictions are introducing foundations and how they are established. Speakers: Bryan Glinton, Partner, Glinton Sweeting O’Brien; Heather L. Thompson, Partner, Higgs & Johnson.
• Domestic Asset & Investment Management: Examine a typical portfolio; review investment opportunities and strategies, and products and services. Look at the range of advisory and management services for institutional investors and individual clients. Speakers: Ken Kerr, Chief Executive Officer, Providence Advisors; Anthony Ferguson, Principal, CFAL (invited).
• Domestic Wealth Planning: Estate planning is an essential tool for everyone. Learn how trusts and wills can be used to protect, preserve and transfer wealth for Bahamians. Session includes a look at the financial planning process. Speakers: Dianne Bingham, Manager-Private Banking, Scotiabank; Ursula Rolle, Assistant Vice President, Fidelity Merchant Bank & Trust; Tanya Hanna, Partner, Graham Thompson & Co..
International Intermediary
International Tax Attorney Steven L. Cantor, Managing Partner of Cantor & Webb P.A., is a featured speaker at the Seminar. He will present on the Use of Bahamian Products for Private Wealth Management. Cantor & Webb is a Miami-based law firm focused on the representation of high net worth international private clientele and international businesses in the areas of tax and estate planning, international and domestic real estate and probate matters and commercial matters.