In the News


The Private Trust Company Comes Back On Shore – in the United States

  • picture of John P.C. Duncan
    John P.C. Duncan

Confusingly, the term ‘private trust company’ is applied to two types of trust companies: commercial firms that serve the wealthy, ‘private’ clientele also served by ‘private’ banks; and truly private firms that are owned by and serve only a single wealthy family. To emphasise its single-family focus, the latter are now often referred to as ‘private family trust companies’ (PFTCs). September 1, 2016. Download