Bringing you live news and features since 2006 

Two Ocean Trust adds to senior team

RELATED TOPICS​

Two Ocean Trust, a Wyoming-chartered trust company that provides comprehensive traditional and digital asset wealth management services for high net worth individuals, family offices, and advisers, has appointed Chris Norwine and Nick Lovett as Head of Business Development and Operations Manager, respectively.

Norwine, a 25-year financial markets veteran, joins Two Ocean Trust from BNY Mellon’s Pershing Advisor Solutions Unit where he was Vice President and Senior Business Development Officer. Lovett was previously Operations Manager at Jackson Hole Trust Company, where he began his financial services career. 

“We are pleased to have Chris and Nick join us at this exciting stage of Two Ocean’s growth,” says Joel Revill, Two Ocean Trust CEO and co-founder. “Since expanding our wealth management platform to include digital assets last October, the demand for trust and estate management, custody, trade execution, and private-client service for investors has exploded. Chris will play a valuable role in expanding our relationships across the wealth management ecosystem, and Nick will help bring further operational efficiencies and streamlined processes to all our offerings.”  

“The need for a private client-service experience for high-net worth individuals and family offices has never been greater,” says Norwine. “We are increasingly seeing early crypto investors look for a reliable financial partner to safeguard their wealth. On the flipside, more and more high-net worth individuals and family offices are looking to diversify their portfolios with digital assets, but with the same level of service, legal protection, and regulatory oversight that they expect with traditional assets. Two Ocean Trust offers a truly one-of-a-kind full-service wealth management platform that delivers a full suite of investment, trust, and estate planning capabilities across all investible assets.”  

An established wealth management services provider, Two Ocean Trust launched its digital asset offerings following a landmark acknowledgement by the Wyoming Division of Banking granting Two Ocean “no action” relief. The no-action letter permitted Two Ocean Trust to custody digital assets in Wyoming and expresses the Division of Banking’s opinion that Two Ocean Trust may act as a “qualified custodian” under the Investment Advisers Act of 1940. This response was a first in the US by a state or federal banking regulator and reinforced the rapid emergence of Wyoming as one of the country’s most crypto-friendly economies and regulatory jurisdictions.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by