He came to the UK when we was 25 and said he was "completely unaware" of Isa and pension allowances and, although he did invest in property, he said he "wasn’t as shrewd as maybe I could have been".
“Obviously, there are some security reasons,” Yves Mirabaud, chairman of the Association of Swiss Private Banks, said in an interview.
But executives at Deutsche Bank, which has lent billions of dollars to the Trump and Kushner companies, rejected their employees’ advice.
The business won Trust Company of the Year, while Darren Kelland, Global Head of Private Client Services, was named Trustee of the Year. Hawksford also came runner up in the Family Office of the Year category.
The move follows Foster Denovo’s acquisition of Kent firm Orchard Wealth Cultivation in February, when the firm announced its growth strategy, with more deals expected in 2019.
There are many different kinds of trust to choose from; according to HMRC, these include bare trusts, interest in possession trusts, accumulation trusts, mixed trusts, settlor-interested trusts, discretionary trusts and non-resident trusts - and different