Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Find out how Trustees Executors can help you, whether you are looking for funding from one of the charitable trusts we administer, or are looking to establish a legacy of your own.
We all want a secure financial future for ourselves and those we care about and where you turn for advice is one of the most important decisions you’ll make. Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Knowing you have taken the right steps to ensure your loved ones are cared for after you're gone is what estate planning is all about.
Talk with one of our Private Wealth experts who will work alongside you to help you make the most of our services.
There are many ways to grow and protect your wealth, and our skill is to help you understand your choices and create and implement a personal wealth strategy to suit your needs. It all starts with a plan.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
Expertise you need, service you deserve. As your trusted and independent licensed supervisor, we deliver our regulatory leadership through collaborative partnerships that protect the interests of your investors.
For more than 25-years we have been leading providers of custody, investment accounting and unit pricing services to the managed fund industry.
For more than 25-years we have been leading providers of custody, investment accounting and unit pricing services to the managed fund industry.
Trustees Executors is governed by a Board of Directors with a deep understanding of the special fiduciary responsibilities involved with a Statutory Trustee Company and Licensed Supervisor. They have a range of commercial experience and key skills in the areas of technology, strategic thought, governance, risk management, and financial services industry knowledge.
Trustees Executors is a trustee company under the Trustee Companies Act 1967, allowing it to be appointed to act as trustee, hold other fiduciary positions and to establish Group Investment Funds. The Trustees Executors Act 2002 also provides the company with powers in relation to acting as an executor.
The company holds licences under the Financial Markets Supervisors Act 2011 and Financial Markets Conduct Act 2013. All licences are issued by the Financial Markets Authority (FMA), and are for a five year period.
Current licences held are:
These licences allow Trustees Executors to act as:
● A supervisor in respect of debt securities
● A supervisor in respect of registered schemes
● A statutory supervisor in respect of retirement villages
● Act as a corporate independent trustee (for restricted schemes)
● Provide discretionary investment management services.
At Trustees Executors Limited (TEL) we are committed to high standards of corporate governance and good conduct. The Trustees Executors Board is committed to promoting the long-term sustainability and prosperity of TEL and TEL Group for the benefit of all its stakeholders.
The Board sets the strategic goals of the Company and oversees the execution of business strategy. Some of its oversight is delegated to the Audit, Risk and Compliance Committee and to the Corporate Trustee Services Board. The Board operates according to a Charter, which can be viewed here.
Pursuant to provisions 20 and 21 of the Trustee Companies Act 1967, the Board of Trustees Executors has delegated some of its supervisory function of its corporate customers to a ‘local’ Board of Directors.
The Local Board is comprised of non-executive Directors who do not sit on Trustees Executors’ Board. This allows the local board to focus on Trustees Executors’ compliance with its licensed supervisor obligations.
Monitors financial, operational and compliance risk, including with respect to licensed activities. Its Terms of Reference can be viewed here.
Trustees Executors has appointed an Investment Committee to supervise the management of investment portfolios managed on behalf of our Private Wealth customers.
This includes Group Investment Funds managed by Trustees Executors, and portfolios managed under the Company’s Discretionary Investment Management Service Licence. Further details can be found here.
To view our key company policies please see further details here.
Trustees Executors Limited was established in 1881 and is New Zealand’s first Trustee Company.
We provide a full range of financial and trust solutions to individuals, families and the corporate sector, including estate planning, trustee and investment advisory services.
We are a Licensed Financial Markets Supervisor and a leading provider of specialist Corporate Trustee and back-office fund administration services to some of New Zealand’s largest financial institutions, banks and fund managers.
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