Wealth Management. Global. Informed choices

Transcription

1 Wealth Management Global Informed choices

2 YOUR CHALLENGE There are many legal intricacies to growing and preserving wealth. Wealth management paradigms are shifting as transparency developments take hold worldwide. Harmonized tax laws, international databases and other information-sharing arrangements are facilitating broader, more aggressive enforcement. Flat tax rates and national amnesty programs are growing more common. Under know your client rules, even private institutions are collecting investor information for regulators. At Baker & McKenzie, we have a uniquely holistic approach to managing and protecting private wealth. Our more than 150 Wealth Management lawyers are recognized worldwide for proven abilities in developing sophisticated and tailored solutions for corporate groups, trust companies, high-net worth families, private banks and other major financial institutions. Experienced in advising all parties and professionals in wealth management, we precisely identify and address key issues in typically complex, cross-border tax compliance challenges.

3 We can help you manage new risks and explore emerging opportunities.

4 OUR FLUENCY More than tax lawyers we act as industry advisers, developing pragmatic and comprehensive solutions for regulatory and commercial issues in wealth management. Our multidisciplined project teams routinely handle high-value, multijurisdictional transactions with ease, advising on the best course of action for structuring estates and trusts, business succession, litigation and dispute resolution, documentation or reporting obligations. We help develop and enhance wealth management products and advise on market expansion options. Clients also appreciate our ability to assist in matters beyond tax and trust advice, as in corporate structuring, benchmarking, due diligence and post-merger business integration. Did you know? We are the most highly rated, most recommended tax adviser among law firms worldwide. Chambers Global has consistently ranked our Global Tax and Global Wealth Management practices in the first tier among law firms globally, praising our practical advice and global capabilities. International Tax Review ranked our practice in 28 countries in its World Tax 2009 directory, with more than half our rankings in the top two tiers.

5 Our fully integrated global team offers clients the resources they need to preserve, manage and transfer wealth anywhere in the world. Working from 67 offices in 39 countries, we understand unfolding trends in global wealth management and can provide strategic assistance on-theground, whether in core investment centers or new wealth management jurisdictions. Governments call upon us to advise on policy direction or new legislation affecting wealth owners. We closely monitor developments in tax regimes around the world, keeping you informed and ready to respond to changing attitudes and conditions in tax enforcement. Here are ways we help Individuals, families and companies. We assist families and family firms mitigate tax exposure in a wide range of personal and commercial undertakings, including estate and business succession, trust administration, compliance with tax and reporting obligations as well as general mobility, including residency exit, pre-immigration and expatriation planning. Institutional needs. We provide guidance in anti-money laundering investigations, assist in strengthening withholding tax compliance and in creating custom compliance manuals, advise on US and international securities law issues and in drafting Shari a compliant trusts. Product development. We help global financial institutions develop wealth management products and strategies, including insurance policies and other financial instruments, to effectively address the needs of high-net worth families, especially those in more restrictive jurisdictions. Tax regularization. We help clients with undeclared monies legitimately regularize these through voluntary disclosure. Tax investigations. We help institutions deal with the broad array of government investigations focusing on the Wealth Management Industry. Training. We regularly provide practical and strategic training for clients covering such areas as country tax systems, crossborder tax compliance, immigration and expatriation, family law and international wealth planning. Our online resources, LawInContext s Private Banking Helpdesk, Financial Products Distribution Helpdesk and Global Institutional Investor Helpdesk are available to subscribing clients 24/7. These Helpdesks provide a broad suite of online training modules as well as global coverage of key legal, tax and regulatory issues of relevance to international wealth succession, global institutional investment and the cross-border marketing and distribution of financial products and services.

6 Baker & McKenzie has been global since our inception. It is part of our DNA. Our difference is the way we think, work and behave we combine an instinctively global perspective with a genuinely multicultural approach, enabled by collaborative relationships and yielding practical, innovative advice. With 3,900 lawyers in 39 countries, we have deep understanding of the culture of business the world over and are able to bring the talent and experience needed to navigate complexity across practices and borders with ease Baker & McKenzie. All rights reserved. Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a partner means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an office means an office of any such law firm. This may qualify as Attorney Advertising requiring notice in some jurisdictions. Prior results don t guarantee a similar outcome. Baker & McKenzie Global Services LLC / One Prudential Plaza, Suite 2500 / 130 E. Randolph Street / Chicago, IL 60601, USA /