Sovereign is an established, energetic and independently owned organisation and has grown to become one of the largest independent, private client, corporate and trust service providers in the world.
Its main UK offices are based in London which are serviced by a board of 2 directors and which employ a total of 10 staff however, Sovereign is a global Group established over 33 ago, boasting 23 subsidiaries spanning the world and serviced by a global headcount of 440. Its wholly owned member subsidiaries are located in Bahamas, Bahrain, China, Cyprus, Gibraltar, Guernsey, Hong Kong, Isle of Man, Malta, Mauritius, Portugal, Seychelles, Singapore, South Africa, Switzerland, Grand Turks, UAE (Dubai and Abu Dhabi) and the Wirral (UK).
Sovereign’s private client services secure efficient, wealth and succession planning to international mobile families and entrepreneurs. Sovereign specialises in the design and the implementation of client structures, using trusts, foundations, companies and regulated Funds to hold and protect assets and investments. Additional services include UK and foreign property ownership, retirement planning, residency and citizenship, insurance, yacht and aircraft registration.
Sovereign deliver Corporate Services providing company formation and management in all of the major onshore, mid-shore and offshore financial centres together with comprehensive advice and support to assist companies of all sizes to establish and sustain operations successfully in foreign markets, especially in China, the rest of South East Asia, Africa, the Middle East, the EU and the UK.
Establishment and administration of pension schemes and throughout the world has propelled Sovereign to become a market leader in the transfer and provision of international pension arrangements.
Jason Parker, CEO of Parker Russell International said: “We are really delighted to welcome Sovereign to Parker Russell International as our UK and Global member firm. We are looking to recruit other UK firms during first half of 2020 in order to strengthen the Parker Russell International brand in the UK and beyond. Sovereign fits well with our value and culture as well as the global objective.
Managing Director, Simon Denton quotes… “We joined the Parker Russell International network in order to strengthen our capabilities to service our national and international clients. We have recognised the need to be able to support our clients and Parker Randall International gives us the necessary capability. This is a unique opportunity and we feel that the value offered by Parker Russell International is an interesting and enthralling one that will offer real benefits to our clients, partners and staff members.