06/04/2016

HAPPY BIRTHDAY, LOMBARD ODIER BERMUDA

From its beginnings as a two-person operation in 1976, Lombard Odier (Bermuda) has evolved into one of the leading trust companies in the jurisdiction. 

From a small office in the Bermuda Fire & Marine building, Alfred Ulmer and Brenda Bridgewater, started Lombard Odier’s Bermuda operations in 1976. In a time of telex and typewriters, Bermuda felt like a long way away from the company’s Swiss headquarters for Alfred – President & CEO of the Bermuda office – and Brenda his executive assistant. As the business built up steam, the duo moved to new premises, where they were to stay for 15 years, with Brenda as vice president.

During these years as Bermuda established itself as a jurisdiction of interest for trusts, Lombard Odier decided that the Bermuda office should apply for its trust license. Alfred, together with Michael Mello, one of Bermuda’s leading lawyers proceeded with the application. It proved a pioneering move for the whole jurisdiction, and in 1992 the first international trust license granted in Bermuda was issued to Lombard Odier Trust (Bermuda). 1993 saw the arrival of Joseph Knechtle, who worked alongside Alfred and would later go on to succeed him as CEO. Five additional people were hired, including one team member, Ideitha James, who is still with the office today.

Bernard Rattray took over leadership in 1996 and the company continued to grow as he sought out new talent and increased the staff to 18 people. During his tenure, he engaged trust lawyer, Tracy Tepper as General Counsel to focus on developing the trust business and lead the Trust department. Tracy became President & CEO in 2003 and steadily built on the foundation laid by those before her, and provided international trust expertise, vision and the guidance needed to charter the course for the next 10 years. Under her leadership, Lombard Odier Trust (Bermuda) experienced phenomenal growth and international recognition, and soon became one of the leading trust companies in Bermuda. With a staff of 25, the office outgrew its space and the team was once again on the move, this time to our present home in Victoria Street, Hamilton.

Lombard Odier in the Community
Lombard Odier Trust (Bermuda) has always been community minded. In celebration of Lombard Odier s 200th anniversary, the Bermuda company hosted an art and essay competition for students in public middle schools throughout Bermuda. From  five schools and 23 classes, 500 children entered the competition for the opportunity for themselves, their class and their teachers to win a nine-day, all-expense-paid educational trip to Switzerland. The contest was won by Whitney Middle School, and 25 very-excited students, accompanied by five adults, set out for the experience of a lifetime.

Lombard Odier Trust (Bermuda) continues to be involved in the community via various initiatives and through its financial contribution to charitable organisations and schools. In an effort to move beyond its four walls, every February, Lombard Bermuda hosts a “Share the Love” event, which is geared toward the less fortunate in Bermuda. 

And Today….
Today, 40 years after Alfred Ulmer and Brenda Bridgewater set up the office, our Bermuda operation employs a diverse staff of 26 people ranging from trust lawyers and accountants to administrators. The company remains at the forefront of Bermuda’s trust industry and has been under the leadership of Charmaine Tucker, President & CEO, since 2013. Charmaine brings a wealth of experience to the role, having started her career as a trust officer and trust lawyer in 2001.

In speaking of this anniversary, Charmaine says, “We could not have arrived at this point without the confidence of our clients and the professionalism, hard work and loyalty of our staff. Lombard Odier is synonymous with longevity: our staff in Bermuda have an average tenure of 10+ years and many of our clients have been with our Group for over four generations. “On this our 40th anniversary, we not only celebrate with the management and staff of today, but we also take this opportunity to thank all those who have been part of the Lombard Odier Bermuda family over the years.”

Nachrichten

Rethinking sustainable cities with Monocle

Rethink everything

24/02/2017

Japan: Ein zufälliger Gewinner?

Quarterly Investment Strategy

29/12/2016

Europae: Immer noch viele politische Risiken am Horizont

Quarterly Investment Strategy

23/12/2016

USA: Eine müde Wirtschaft erhält bald eine Vitaminspritze

Quarterly Investment Strategy

22/12/2016

Das letzte Quartal ist politisch aufgeheizt

Quarterly Investment Strategy

21/12/2016

Investment outlook 2017

Investment outlook 2017

Investment Strategy Podcast

19/12/2016

Italiens Referendum: Klares „nein“

Investment Strategy

05/12/2016

OPEC rises from the ashes

OPEC rises from the ashes

Investment Strategy Podcast

04/12/2016

Post-US election investment outlook update

Post-US election investment outlook update

Investment strategy podcast

16/11/2016

Positioning portfolios for President Trump

Positioning portfolios for President Trump

Investment strategy podcast

10/11/2016

Donald Trump elected President

Investment Strategy

09/11/2016

US election update

US election update

Investment Strategy Podcast

24/10/2016

Q4 2016 Investment Outlook

Q4 2016 Investment Outlook

Investment Strategy Podcast

21/10/2016

Japan: Allein auf weiter Flur

Quarterly Investment Strategy

19/10/2016

Der Himmel hat sich aufgehellt – doch für wie lange?

Quarterly Investment Strategy

13/10/2016

Das letzte Quartal ist politisch aufgeheizt

Quarterly Investment Strategy

07/10/2016

Der Klimawandel verändert das Anlageumfeld

Investment Strategy

28/09/2016

Philanthropie im Wandel

Philanthropie

20/09/2016

DIE RÜCKKEHR DER 'BERÜCHTIGTEN BoJ'

Anlagestrategie Asia

09/08/2016

KANN GOLD WIRKLICH EINE ABSICHERUNG SEIN?

Investment Strategy Bulletin

22/07/2016

PARTNERSCHAFT MIT CHRISTIE‘S

Partnership

19/07/2016

MARKTAUSSICHTEN Q3 2016

MARKTAUSSICHTEN Q3 2016

Investment Strategy Podcast

13/07/2016

DIE ZUKUNFT VON IMPACT INVESTING

Impact Investing

07/07/2016

KANN GELD FLIEGEN?

Investment Strategy Bulletin

01/06/2016

HERZLICHEN GLÜCKWUNSCH VAE

Corporate

09/05/2016

MARKTAUSSICHTEN

MARKTAUSSICHTEN

Investment Strategy Podcast

29/04/2016

JAPAN : BLÜHENDE KIRSCHBÄUME, SERBELNDE LÖHNE

Anlagestrategie 2. Quartal 2016

28/04/2016

EUROPA : AUF EINEN BLICK

Anlagestrategie

25/04/2016

USA : AUF EINEN BLICK

Quarterly Investment Strategy

21/04/2016

DAS ENDE DES KREDITZYKLUS

Investment insights

19/04/2016

DIE ANGST VOR EINEM BREXIT IST BERECHTIGT (TEIL II)

Investment Strategy Bulletin

18/04/2016

DIE ANGST VOR EINEM BREXIT IST BERECHTIGT (TEIL I)

Investment Strategy Bulletin

13/04/2016

ASSET ALLOCATION

Quarterly Investment Strategy

12/04/2016

SWISS FINTECH INNOVATION

Association

31/03/2016

DYNAMIK IN LATEINAMERIKA

Investment strategy bulletin

23/03/2016

AUF DEM WEG ZU NEGATIVEN ZINSEN

Investment strategy

24/02/2016

VON DER KUNST, DEN NUTZEN ZU MESSEN

Investment strategy

28/01/2016

ANLAGESTRATEGIE – 1. QUARTAL 2016 : JAPAN

Investment Strategy

21/12/2015

ANLAGESTRATEGIE – 1. QUARTAL 2016: USA

Investment Strategy

18/12/2015

ANLAGESTRATEGIE – 1. QUARTAL 2016 : EUROPA

Investment Strategy

18/12/2015

HAT RUSSLAND DAS SCHLIMMSTE ÜBERSTANDEN?

Strategy Bulletin

03/11/2015

WIE BEDENKLICH IST DIE LAGE BRASILIENS?

Strategy Bulletin

12/10/2015

ANLAGEN IN DAS „GOLDEN AGE“

Strategy Bulletin

28/09/2015

Expert view: The Fed holds its fire, again

Expert view: The Fed holds its fire, again

Investment Strategy Podcast

18/09/2015

FED IM FOKUS

Strategy Bulletin

30/07/2015

Q3 Investment Outlook from our European bank

Q3 Investment Outlook from our European bank

Investment Strategy Podcast

15/07/2015

Griechenland: Nach dem Referendum

Strategy Bulletin

06/07/2015

Rückkehr zu den Schwellenländer?

Strategy Bulletin

03/07/2015

Opportunities and risks in global markets

Opportunities and risks in global markets

Investment Strategy Podcast

19/05/2015

Unsere Q&A zu Griechenland

Strategy Bulletin

17/02/2015

Economic outlook 2015

Strategy Bulletin

17/12/2014

Schwere Zeiten für Südamerika

Strategy Bulletin

03/11/2014

Muss die SNB dem Beispiel der EZB folgen?

Strategy Bulletin

20/06/2014

Chinas Entschuldungsstrategie

Strategy Bulletin

24/04/2014

Welche optionen hat die EZB

Strategy Bulletin

13/02/2014