Until 1982, VG existed as the unincorporated trust and corporate operating arm of local law firm Michael Voisin & Co. To meet growing demand for trust, corporate and fund administration solutions, VG was established, initially as Volaw until it rebranded to VG in 2017, as a specialist Jersey-based, independent trust company.
Commenting on how the secret to VG’s 40 years’ growth and success Iain Mason, Managing Director, said “Our core values have driven our success and remain as true today as they did 40 years ago. Our independence allows us to value our clients, partners, and team as people rather than assets and consider matters on a case-by-case basis with our own entrepreneurial approach and make decisions quickly. We look at the value of the long-term relationship with our clients above immediate financial reward which allows us to grow alongside them. Our ability to meet and exceed client expectations by attracting the diverse expertise of our Jersey-based fiduciary professionals and, in turn, their ability to innovate, has made VG successful. In the early years, we were known for exploring the possibilities of Jersey corporate law and working on innovative transactions and structures that are still in use today; this put both Jersey’s finance industry and VG on the map.”
Director - Compliance and Risk, Ian Murphy, echoed “VG has seen a lot of change since 1982; we have reacted to the changing environment, efficiently restructuring as tax and legal regulations advance, whilst continuing to seamlessly preserve and enhance the wealth of our clients. This is further enhanced by our time and battle-tested risk management and corporate governance protocols.”
VG now administers over 1100 structures which hold assets under administration exceeding £15bn on behalf of its clients, who are resident in over 80 countries globally. On average VG’s clients have partnered with us for over 10 years and, furthermore, 25% of our clients have had a relationship with us for more than 15 years. The business has grown from a team of 12 to over 110 trust and fiduciary professionals. Emma Stewart, Head of HR added “With over 75% of our client-facing team holding a relevant professional qualification and the remainder actively encouraged and supported to undertake professional qualifications, we ensure that our clients receive the highest level of technical expertise, competency, and robust structuring.”
For more information about VG's journey, click here to read "Reflecting on 40 years as a Jersey-based, independent trust company".