Case study
The client, their challenge
Our client is a multi‑generational family of Latin American origin, resident in Europe. An initial trust structure had been established primarily for tax efficiency, but as the family’s needs evolved, so too did expectations of the role the structure should play.
Over time, the focus shifted toward wealth stewardship, legacy planning, and family support, with increasing complexity across investments, personal assets, and philanthropic aspirations. The family required a more coordinated approach to governance, reporting and advice, without establishing a formal single-family office.
Succession planning was a central consideration. While the third generation remained young, wealth transfers from the first to the second generation were ongoing, creating the need for clear governance, transparency and long-term planning. This transition was further complicated by the family’s relocation from the UK following legislative changes, raising questions around continuity and jurisdictional confidence.
Our solution
IQ-EQ worked alongside the family in its capacity as trustee, transforming the structure from a purely technical arrangement into a robust platform to meet stewardship, governance and long-term family objectives.
Our work included:
Virtual family office and governance framework
- Supported the creation of a virtual family office, coordinating professional advisers, wealth managers and asset specialists
- Established effective governance, monitoring and reporting mechanisms to oversee complex assets
Investment strategy, impact and philanthropy
- Assisted with the development of a diversified and impactful investment portfolio aligned with the family’s long-term objectives
- Ensured philanthropic ambitions were integrated alongside financial performance
Family support and succession planning
- Supported practical family needs, including real estate, banking arrangements and fractional jet ownership
- Worked with the family on succession planning across generations, including the development of a family charter to promote transparency and effective transition for Gen 3
Continuity through change
- Provided stability and trusted oversight through the family’s relocation from the UK
- Retained the structure in Jersey, reflecting confidence in the trustee relationship and governance framework
Results
- Evolution from structure to stewardship: A tax-driven arrangement transformed into a comprehensive platform for family wealth management
- Effective virtual family office: Coordinated advice, governance and oversight without the burden of a standalone family office
- Succession planning underway: Clear frameworks in place to support intergenerational transition
- Enduring trustee confidence: The family retained the structure in Jersey following UK legislative changes, underscoring the strength of the trustee relationship and governance approach
