What opportunities for the Channel Islands?

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Family offices are increasingly looking beyond traditional trust structures towards more bespoke structures for planning offshore to suit younger and more mobile entrepreneurial families who don't want to give up control.

How the Channel Islands can take advantage of that trend is one of the subjects of next week's Collas Crill seminar Made in CI – Managing Wealth for Family Offices.

The seminar, which takes place in both Guernsey and Jersey on 3 and 4 November, offers local trustees, trust company officers, family offices and wealth professionals the chance to hear from two leading commentators in the family office and wealth advisory fields about the current trends and increasingly sophisticated structuring being implemented in the Channel Islands by families looking to preserve and enhance their wealth.

Speaker Steffi Claiden is founder and editor-in-chief of Family Office Review, an international online publication founded for HNWs, families, family offices and businesses, wealth advisors and related sectors.

She said: "There are a number of issues in the family office space that have been relevant for some time and continue to be, including staffing (where to find, compensate and retain the best people), containing costs (essentials vs nice to haves, fee negotiation), and technology (build/buy, what software does what, which should we choose).

"Next week I'll also be talking through some clear trends in family offices around the world, including passive investing, alternatives and impact investing, and how the Channel Islands can make the most of them. I'm very much looking forward to coming to the Channel Islands – they are becoming increasingly important, with all that they have to offer, both for doing business in but also for relocating."

The seminars will also feature speaker Jeremy Arnold, general counsel at Waypoint Capital, London, who has over 25 years' experience in the trust and estate business working with high net worth individuals and family offices in the UK and internationally.

The seminar will be chaired by Edward Stone, Collas Crill's London-based private client partner.