We are thrilled to announce that, for the third year in a row, IQ-EQ has been named as a Tier I trust company in eprivateclient’s Top Trust Companies listing.
The eprivateclient Top Trust Companies serves as a definitive industry guide to the leading trust and fiduciary service providers supporting both private clients and family offices worldwide.
Owing to our private equity backing, IQ-EQ falls into the ranking of 'non-independent' trust companies, which includes 22 firms split across two tiers. Whilst we are categorised as such, our professional services structure, particularly our fiduciary independence, is a key component in our value proposition to clients, their advisers and family offices.
Within the 'non-independent' category, IQ-EQ is one of only 11 to earn Tier I status for 2021, and we top the list as the largest company.
The tiers within these listings are based not only on size, however, but also on company merit, with measurables including reputation, quality of service, any M&A activity, the extent of our global offering, as well as overall company performance in the last year. Featuring in the 2021 ranking is a signifier of the continued strength of IQ-EQ’s Private Wealth segment offering, which represents a sizeable percentage of our global business.
Commenting on the news, our Group Head of Private Wealth, Steve Sokic, said:
“Being recognised for the third year in a row by eprivateclient is welcome recognition of the ongoing hard work of our talented Private Wealth teams across the Group. Our Private Wealth segment has continued to undergo significant development in the last year, including the launch of our dedicated fiduciary and administration outsourcing offerings to family offices. This year we hope to continue this momentum with a focus on further expanding our global footprint, as highlighted by our recent acquisition of Concord Trust Company, IQ-EQ’s first foray into the U.S. private wealth trust services space.”