Kensington Trust Group (KTG) opened its office in New Zealand in 2014 to provide for private wealth and corporate services.
KTG formed a strategic alliance with JTC in 2013, which was further strengthened in the following year with JTC’s investment. This alliance creates a global offering of trust, fiduciary and corporate services and fund administration to both KTG and JTC Group’s international clients.
A range of options available depending on your needs:-
- Private Companies Limited by Shares
- Limited Partnership
PROVISION OF REGISTERED OFFICE AND CORRESPONDENCE ADDRESS
It is a legal obligation for every New Zealand entity to maintain a registered address in New Zealand to which all communications and notices may be addressed. All correspondence received is treated confidentially and is promptly forwarded onto the client.
We are engaged by our clients to provide corporate secretarial services and administration and in relation to a broad range of structures which include investment holding vehicles, joint ventures and entities established for corporate acquisitions and disposals. We also assist clients with corporate governance and board and executive solutions, corporate turnarounds, restructuring and insolvency.
This service includes preparation of minutes and resolutions, maintenance of statutory records and registers, attendance of meetings, searches and any other administration matters.
PROFESSIONAL RESIDENT DIRECTOR
It is mandatory for New Zealand companies to maintain minimum one (1) director who lives in New Zealand or who is a director of a company in a prescribed enforcement country.
BOOKKEEPING AND ACCOUNTING
It is mandatory for New Zealand entities to maintain proper accounting records. Depending on your needs, this service may include bookkeeping, consolidation, bank reconciliation, cash flow statement/analysis, financial statements and various reporting.
OFFSHORE COMPANIES’ FORMATION AND ADMINISTRATION
We provide cross border structures establishment in various jurisdictions and administration services.
Private Wealth Services
Our independence and focus ensures that we listen, advise and create plans that are completely aligned with a client’s personal goals. It is these qualities that have contributed toward the long-term relationships that we continue to nurture and build partnerships. We have extensive experience in managing wealth from trust and estate planning to family governance and succession.
We have experience in administering the underlying businesses within private clients’ structures which requires a blend of ‘corporate style’ service with the defined focus and personal interaction that underpins our traditional private client relationships.
Services which we provide to our private clients include:
- Establishment of bespoke trusts and foundations based in a number of jurisdictions for estate and succession planning, philanthropy objectives and any other specific purpose.
- Provision of personal trustee services.
- Ongoing administration and financial accounting including its underlying structure and portfolios.
- Ensuring that management and control is exercised in the appropriate jurisdiction, when required.
- Partnership with licensed asset/fund managers in management of the assets.
Secure, comprehensive and tailored, Edge is a holistic approach to managing your wealth and related affairs.
Complimentary modules provide a consolidated view of your financial and non-financial assets, while our range of administration, fiduciary and succession services provide the assurance that allows you to focus on what really matters: making decisions, securing the future and ensuring your legacy.
A TRULY CONSOLIDATED VIEW OF YOUR FINANCIAL AND NON-FINANCIAL ASSETS
Our independence and experience enables us to bring an objective perspective to the complexities of wealth administration. We create a tailored suite of resources for each client family, providing additional expertise and experience when it comes to providing trust administration and core accountancy services, right through to personalised payroll and bill payment services for assets and bespoke day-to-day lifestyle management services.
Our relationships are built on the fundamentals of trust and communication. Understanding our client’s aims and objectives enables us to advise on the most appropriate trust structures for their family now, and in the future. And when it comes to philanthropic goals, we have the expertise to assist with strategic charitable planning to achieve efficient and measurable results.
BUSINESS & FAMILY SUCCESSION
We work closely with our clients to implement governance structures that reflect each family’s values. Our global experience and reach enables us to advise on foreign business ownership and international legal and fiscal implications, as well as being proactive when it comes to leading families through key regulatory requirements and trigger events.
Transferring wealth is about far more than just the numbers. As an independent advisor, we can provide cross-cultural committee members who can help families devise effective business management committee structures, which are not only efficient, but also create a forum to enable the family’s vision and values to be transmitted to the next generation.
Setting a course to protect and grow family wealth across several generations requires clear direction and careful stewardship. By engaging with several generations of the same family, we can build strong, effective solutions to lead our clients and their families through the complex challenges of managing generational wealth.
Building the foundations for tomorrow’s leadership begins today. We believe education is at the heart of empowering all generations of a family, so offer a wide range of practical insights and focused wealth education geared to each family’s needs. Engaging with younger family members to build strong financial skills teamed with real world awareness helps to preserve and sustain your family’s vision for generations.
Kevin Stuart Jones
Managing Director of
Kensington Trust New Zealand Limited
Tel: +64 9 486 0957
Trust Manager of
Kensington Trust New Zealand Limited