Kingdom Trust Company and DCDB Group Announce Formation of Strategic Business Relationship
The relationship delivers Kingdom Trust's independent, cost-effective custody services to DCDB clients investing in U.S.-based alternative assets. DCDB works with a wide range of clients based in Europe, the U.S., and Latin America.
“We are extremely excited to work with Kingdom Trust for global custodial services," says Kyran Culhane, Managing Partner and CIO at DCDB Group. "Our clients feel comfortable and satisfied with both the safekeeping and operational aspects of their asset custody service. Forming this strategic relationship gives us the opportunity to work with a specialized asset custodian in offering alternative, customized and competitively priced solutions."
Mr. Culhane says the partnership will be particularly valuable to clients in Latin America and to clients who face regulatory hurdles when investing in the U.S.
"While this relationship allows us to competitively service both our U.S. and European clients, one of our big focuses at present is the LatAm market, and we are enthusiastic to begin rolling out this offering to our clients in the region. We're especially excited to work with Kingdom's network of partner banks who can help facilitate the needs of our institutional clients in countries such as Argentina, for example, where there are specific regulatory needs for U.S. custody and securities transfers.”
With offices in Washington, DC, Dublin, and Buenos Aires, DCDB will help Kingdom Trust expand its global footprint to include foreign clients attracted to alternative investments in the U.S.
“The strategic alliance between Kingdom Trust and DCDB to provide a global custody solution for international firms is a natural progression for both our firms and will greatly benefit our clients,” says Scott Foster, Sr. Vice President of Institutional Custody for Kingdom Trust.
About DCDB Group,
DCDB Group was founded in 2011, when the opportunity to create a Capital Markets focused Consulting firm met with an ambitious and experienced team. Drawing on its management team’s wealth of experience and drive for success, DCDB Group quickly established itself as a specialist Consultancy firm serving clients all over the world. Since 2011, DCDB Group has and continues to deliver an excellent range of financial consultancy services. DCDB Group's focus on excellence through Consulting, Advisory and Executions means that clients small or large across multiple industry sectors avail of the firm's offering as it continues to add value to a truly global client base. For more information, please visit www.dcdbgroup.com.
About Kingdom Trust
Kingdom Trust specializes in custody services to institutional clients who require or desire an unrelated, independent, qualified custodian to house their assets or the assets they hold on behalf of their clients. It recognizes that the institutional custody marketplace has dramatically changed with the Dodd-Frank Financial Reform and the Consumer Protection Act, and it will continue to evolve. The firm's focus on the private equity, hedge fund, registered investment advisor, investment sponsor, and other institutional marketplaces has given it multiple opportunities to showcase its expertise and platform. The Kingdom Trust Company also offers custody services to IRA and individual 401(k) account owners who wish to self-direct their investments. The Kingdom Trust Company will hold traditional assets such as stocks, bonds, and mutual funds, but it specializes in holding the non-traditional ones: real estate, private equity, promissory notes, precious metals, and others. For more information, please visit www.kingdomtrustco.com.
Contact Details:
DCDB Group: Jonathan Rivas jonathan.rivas@dcdbgroup.com
KingdomTrust Company: Scott Foster sfoster@kingdomtrustco.com
Jonathan Rivas
DCDB Group
(202) 350-4290
email us here
