JTC has continued its growth strategy within the US with the launch of fiduciary services for the domestic market and the recruitment of two senior trust professionals based on the East Coast.
Tim Carroll has been appointed Head of Trust and Fiduciary – Private Client Services (PCS), Americas. A US trust specialist with over 30 years’ experience in the sector, Tim advises on advanced estate planning techniques to ultra-high net worth individuals. Tim was previously Chief Trust Officer at UBS Trust Company based in Delaware and most recently President/Chief Executive at New York Private Trust Company.
A Bachelor of Arts – Accountancy from Villanova University, Tim’s range of qualifications include a Masters of Taxation, Certified Public Accountant and Certified Financial Planner, and he is a member of STEP and the Delaware Estate Planning Council.
Gregg Homan has been appointed Head of Domestic Business Development – PCS, Americas. He has more than 20 years’ trust sector experience where his focus has been on strategy, complex trust structures, tax and estate planning. A long-standing sales professional in both international and domestic markets, Gregg identifies and fulfils the need for personal trust services for investment advisers and their clients and works closely with family offices, wirehouses, attorneys and financial advisers.
His previous experience included Director of Sales and Business Development at Royal Bank of Canada Trust Company (Delaware) Limited and most recently, Senior Vice President and Head of Sales at Arden Trust Company. Some of his earlier roles were at such firms as Principal Trust Company, Charles Schwab and Morgan Stanley. He has a Bachelor’s degree from the Kalkin School of Business, University of Vermont and Juris Doctorate from Widener University School of Law.
Emilio Miguel, JTC’s Regional Head – Americas, PCS, commented:
‘The appointment of Tim and Gregg is an exciting development for JTC and important step in further building our private client business across the Americas. Delivering estate planning and wider trustee services to the US domestic market fits perfectly with our growth strategy in the US. Tim and Gregg bring with them exceptional domestic wealth structuring experience, and we are delighted to be enhancing our service capabilities.’
Commenting on this new role, Tim Carroll said: ‘JTC has such a pedigree and reputation for service excellence in the international private client market that it makes strategic sense to bring their offering to the US domestic market, and I’m delighted to be at the forefront of that move.’
Sentiments echoed by Gregg Homan who added: ‘With the upswing in wealth creation in the US in recent years, there are an increasing number of wealthy individuals and families, including some with complex cross border needs, needing to manage their estate, taxes and assets efficiently. I’m looking forward to being a part of the growing JTC team, which has all the wealth structuring expertise necessary to support these clients.’
JTC employs more than 1200 staff worldwide and in the US has offices in Boston, Miami, New York, San Jose and South Dakota, part of a network of 26 offices around the world.
