Sovereign Group is a

Gibraltar Gibraltar ( , ) is a British Overseas Territories, British Overseas Territory and British overseas cities, city located at the southern tip of the Iberian Peninsula, on the Bay of Gibraltar, near the exit of the Mediterranean Sea into the A ...

-based corporate services company established in 1987. Sovereign's core business is setting up and managing tax-efficient structures to assist wealth management, foreign property ownership and cross-border business. The Sovereign Group has offices or agents in most major offshore and onshore

financial centre A financial centre (financial center in American English) or financial hub is a location with a significant concentration of commerce in financial services. The commercial activity that takes place in a financial centre may include banking, ...

s worldwide. The company mostly provides

fiduciary A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, ...

services to

high-net-worth individual In the financial services industry, a high-net-worth individual (HNWI) is a person who maintains liquid assets at or above a certain threshold. Typically the criterion is that the person's financial assets (excluding their primary residence) are ...

s and their families, Sovereign's clients include

expatriate An expatriate (often shortened to expat) is a person who resides outside their native country. The term often refers to a professional, skilled worker, or student from an affluent country. However, it may also refer to retirees, artists and ...

entrepreneur Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entreprene ...

s and businesses of all sizes. Sovereign also offers a wide range of services that are natural adjuncts to their main activity, including

retirement planning Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to: *Assess readiness-to-r ...

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

financing Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm use ...

, specialist

tax A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax co ...

advice and credit cards. Howard Bilton, a tax

lawyer A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system, as w ...

, is the

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of the Sovereign Group. Bilton was responsible for setting up the

Sovereign Art Foundation The Sovereign Art Foundation (SAF) is a non-profit organisation established in 2003 by Howard Bilton, a tax lawyer and today's chairman of the Sovereign Group''.'' Originally a charity, the SAF works towards raising money to help disadvantaged ...

which runs both the ''Sovereign Asian and European Art Prize'', turning his art-collecting hobby into what is now Asia's largest art prize.

References

Financial services companies of Gibraltar Companies established in 1987 1987 establishments in Gibraltar {{europe-company-stub