Trust & Wealth planning
We help you create a thoughtful wealth plan that seeks to preserve your legacy, protect your life’s achievements, and ease the transition to future generations.
Great wealth can take many years to build.
Without planning, the wealth you have built can diminish in your lifetime, and may even be depleted for the generations that follow.
The challenges to wealth preservation are numerous, from unprepared beneficiaries, mismanagement of assets and divorce, to taxation, and legal disputes.
But with sound wealth planning, these challenges can be mitigated and sometimes may even be eliminated altogether.
We work with you and your independent legal and tax advisors to customize a plan for your needs, however global your presence and however diverse your assets.
We help structure your wealth efficiently, allowing you to mitigate taxes and ensure coordination between tax regimes of relevant countries.
Not only can planning protect and preserve wealth during your lifetime, it can also help ensure your wishes are fulfilled once you pass on.
This includes easing the transition of wealth to your selected beneficiaries, while minimizing family conflicts and maintaining confidentiality.
Our goal is to help protect your wealth for you and future generations, preserving your life’s achievements, perpetuating your legacy and supporting your philanthropic efforts.
We can help you create a meaningful and lasting legacy that protects your life’s achievements, structure your unique holdings for those who are important to you, wherever they may be, and ease the transition to the next generation.
How we serve you
CROSS-BORDER EXPERTISE
Our Wealth Planners are located in leading financial centers around the world and our international trust services are delivered from strategic locations:
The Bahamas, Jersey, Singapore, Switzerland and the US (Delaware, New York and South Dakota).
This global presence enables us to create integrated wealth plans for families residing in multiple countries and/or with multiple nationalities, and whose businesses and portfolios are similarly global.
LONG-TERM PERSPECTIVE
With roots dating back to 1822, Citi Trust has a 200 year heritage of providing fiduciary services.
As the first trust company in the US, and our international trust companies among the oldest in the industry, we seek to give you the peace of mind that comes from knowing the vision for your legacy will be realized.
Our team will continue to carry out your wishes and, over the long term, review your structures with your beneficiaries to ensure your intentions continue to be fulfilled.
CUSTOMIZED APPROACH
We know the wealth you wish to protect may extend far beyond traditional assets.
The custom trust structures we create can accommodate diverse holdings.
These can include business interests, real estate, collections of art and other treasured possessions, aircraft and super-yachts.
Our Special Asset Management team oversees unique and illiquid assets, addressing the complexities associated with managing and valuing these, and other, unique assets.
Your questions
Robust wealth planning can help you fulfill your philanthropic ambitions.
It is vital to plan early for an efficient and effective transfer of wealth and consider best practices and future life events.
Effective business succession requires often lengthy and complex planning. The earlier you begin, the better.
Citi Latitude is Citi Private Bank’s Next Generation program. It brings together some of the world’s finest minds & progressive individuals to network and seek to make an impact.
Meet our people
Rob Laughlin
Meet our wealth expert
Rob has overall responsibility for all aspects of wealth planning services at the Private Bank.
In his previous role, Rob was Regional Market Manager for Metro New York, after serving as Regional Market Manager for Southern California and Arizona and Head of Trust for North America. Rob has also held positions at Neuberger Berman Trust Company and J.P. Morgan Private Bank.
Rob has a bachelor’s in accounting from Syracuse University and a doctor of jurisprudence degree from Fordham University School of Law.
Elena M. Mortemore
Meet our wealth expert
Elena Maria Mortemore is Managing Director and Head of the Wealth Planning business for the Americas. She is responsible for developing and managing the overall business strategy and for driving business development activities for both North and Latin America. She leads teams of wealth planning specialists with expertise in fiduciary products and insurance solutions.
Elena Maria Mortemore has over 20 years of experience in the legal and trust industry including positions at Citi Private Bank, Santander, and a law firm in The Bahamas. She is a barrister-at-law, admitted to practice law in England and Wales as well as a Counsel and Attorney-at-Law and Notary Public admitted to practice in The Bahamas. She is also an active member of the Society of Trust and Estate Practitioners and is fluent in Spanish.
Robert Stemmons
Meet our wealth expert
Robert is the Head of Wealth Planning for Europe, the Middle East and Africa, responsible for wealth planning business development. He leads a team of Wealth Planning professionals with expertise in fiduciary and insurance solutions. The team helps clients create tailored strategies to achieve their wealth transfer planning goals from offices in London, Geneva, Zurich, Madrid and Dubai.
Robert joined Citi Trust from Citi Legal, where he was Managing Director and General Counsel covering Citi Private Bank and other business and serving as Citi Channel Islands counsel. Prior to joining Citi in 2002, he was General Counsel at Coutts and later at Threadneedle. Earlier, he worked in New York with the law firm Paul Weiss.
Michael Troth
Meet our wealth expert
Michael leads the Citi Wealth Planning and family office teams in Asia that create integrated and sophisticated wealth plans to preserve assets for generations.
He has previously served as Global Market Manager for Brunei, Malaysia, Philippines and Thailand, and has headed fiduciary services for Citi Trust in Asia. Prior to joining the Private Bank in 2001, Michael was Managing Director of the Asian trust business for Jardine Matheson Trust Corporation.
Michael is an Associate of the Chartered Institute of Bankers and holds a diploma in trust and estate practice. He is a member of the Society of Trust and Estate Practitioners.
Resources
See more of the insights we offer you by exploring our white papers on trusts, succession planning, and wealth preservation.
Gifting when the US transfer tax exemption amounts are at an all-time high
Gifting now may increase the amount of wealth that you could pass on to the next generation and beyond.
Planning for a move to the US
Without thoughtful planning well in advance, a move to the US could adversely impact the preservation of an individual or family’s wealth and the ability to leave a long-lasting legacy for future generations.
How your US connections may affect your wealth and legacy
Your wealth can be subject to US taxes even if you’re not a US resident. Failing to understand and reflect this in your wealth plan can have costly consequences for your wealth and legacy.*
Insights
See our wealth advisory insights and the issue that matter for your wealth.
Insights
See our wealth advisory insights and the issue that matter for your wealth.
Global citizens
The Private Bank exists to serve a very special community. Hear the stories of global citizens in their own words.
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