Trustees can be ‘professional’ trustees, such as accountancy and law firms who provide this service to clients or ‘lay’ trustees who are individuals acting as trustee to their own family trust or to a charitable or community trust. The compliance issues regarding investment of funds held in trust and the obligations of trustee’s mean that becoming a trustee is a significant commitment and one not to be taken lightly.
In this case study we have combined elements from many clients over many years to highlight common challenges our trustee clients encounter.
Jacob is a professional trustee running his own business. He looks after an enormous number of trusts. He refers clients to G3 and has done so for around 3 years. He originally sought us out when he required assistance for a trust with an existing share portfolio. He was referred to us by an accountant we had worked with.
Jacob is a very busy man and will only deal with trust clients.
He is time poor and only likes to receive as much information as is required to make appropriate decisions.
He gives best of breed advice.
He understands his fiduciary obligations well.
He is growing his business.
Reputation and professional recognition is everything to Jacob.
All of our services can be provided separately as required. However we find in most situations our clients require their own particular combination. We follow the process pictured above to ensure we provide each client with exactly the service to suit circumstance and budget.
G3 has been working with us for both our company and personal finances. We have found G3 to be knowledgeable and passionate about service.
They provide the right solutions for us and our staff through thorough research and recommendation.
They are always available to discuss any queries and explain things in terms I understand.
Greg and Robyn Jensen, Tauranga
As a busy couple we had neither the time, experience or knowledge to be able to transfer our UK pensions over to NZ or to sort out a financial plan
that would set us up for retirement. Thank goodness we found G3 Financial Freedom, their advice and guidance has been invaluable.
Chris & Sheenagh Pritchard, Christchurch
We have been delighted with the service and support we have received from Charlene and the team at G3.
We love the way they carefully analysed whattype of investors we are and helped us make decisions on long-termfinancial planning based on our needs.
Mike & Carolynne Masson, Omokoroa, Tauranga