Sovereign Group
Encyclopedia
The first Sovereign Group office opened in Gibraltar 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 all the major offshore and onshore financial centre
s.
In addition to high net worth individual
s and their families, Sovereign’s clients include expatriate
s, entrepreneur
s and businesses of all sizes. Sovereign also offers a wide range of services that are natural adjuncts to their main activity, including asset management
, financing
, specialist tax
advice and credit card
s.
Howard Bilton, a tax lawyer
, is the chairman of the Sovereign Group. Bilton was responsible for setting up the Sovereign Art Foundation
which runs both the Sovereign Asian and European Art Prize, turning his art-collecting hobby into what is now Asia’s largest art prize.
Financial Centre
A financial centre is a global city that is a company and business hub, as well as being home to many world famous banks and/or stock exchanges....
s.
In addition to high net worth individual
High net worth individual
A high-net-worth individual is a person with a high net worth. In the private banking business, these individuals typically are defined as having investable assets in excess of US$1 million. As explained below, the U.S...
s and their families, Sovereign’s clients include expatriate
Expatriate
An expatriate is a person temporarily or permanently residing in a country and culture other than that of the person's upbringing...
s, entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
s and businesses of all sizes. Sovereign also offers a wide range of services that are natural adjuncts to their main activity, including asset management
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
, financing
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, specialist tax
Tax
To tax is to impose a financial charge or other levy upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many subnational entities...
advice and credit card
Credit card
A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...
s.
Howard Bilton, a tax lawyer
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...
, is the chairman of the Sovereign Group. Bilton was responsible for setting up the Sovereign Art Foundation
Sovereign Art Foundation
The Sovereign Art Foundation is a charity registered in Hong Kong and the United Kingdom that raises money to help disadvantaged children using the arts as rehabilitation, education and therapy....
which runs both the Sovereign Asian and European Art Prize, turning his art-collecting hobby into what is now Asia’s largest art prize.