News & Library

Perspecta Trust Hires New Senior Counsel

HAMPTON, N.H., September 9, 2019 — Perspecta Trust announced today that it has hired Patrick O. Collins to serve as a senior counsel of the firm.  In this role, Mr. Collins will work with clients to design and implement trust and wealth strategies. He will also help oversee fiduciary legal matters for the trust company.  In light of this new hire, the firm’s CEO and Chairman Paul Montrone stated, “Perspecta Trust has grown to become the state’s leading trust company for ultra-wealthy families from around the world, with $11 billion currently under supervision. During that time, together with our colleagues from the New Hampshire Trust Council, we have helped make New Hampshire the nation’s top trust situs. We continue to strive for success by hiring the very best for our…

Perspecta CCO Pens Letter Championing Trusts

Perspecta Trust’s vice president of government affairs and chief compliance officer, Glenn Perlow, recently penned a letter to the editor of New Hampshire Business Review championing the Granite State’s trust services industry. In his letter, Mr. Perlow—who is also president of the New Hampshire Trust Council—touts the $25 million – $43 million annual economic impact trusts have on the state. He credits this impressive figure to the state’s 300-600 trust industry jobs that pay well above the state average.  Perlow argues well-paying, stable jobs like these are crucial to attracting young workers to New Hampshire.  “Often, states make extraordinary economic concessions, picking winners and losers, to foster economic development. Not so with New Hampshire’s trust services industry. At no cost to the public, the state has been able to foster…

The International Family Offices Journal Features Article Co-Authored by Perspecta General Counsel

The latest issue of the International Family Offices Journal (12th Edition) features an article by Perspecta Trust’s general counsel entitled, “Minimising the Potential for Trust Disputes.” The article explores current trends and common issues that arise in trust litigation, discuss ways to mitigate the risk of such disputes, and provide guidance as to how to manage litigation if it arises. Please click here to view or print the article. The International Family Offices Journal is a publication of Globe Law and Business: