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Company Profile...

Cannon Asset Management Limited ("Cannon"), established in May, 1997 is a Guernsey registered and domiciled financial services company. Its executives have many years of experience in providing offshore personal financial planning services and advice, particularly in Southern Africa. The major shareholders and Executive Directors are Adrian Cann, Richard van Vliet, Jeff Corbet and Cathy van Vliet.

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Professional Relationships & Services...

A significant part of our client base is from Southern Africa and our objective is to provide them with a distinctively personal service, including regular personal visits by Executives.

In pursuance of this objective, Cannon has acquired a majority shareholding in Cannon Asset Managers (Pty) Limited, headquartered in Johannesburg, South Africa. Through this company, we are able to offer local investment management and stockbroking services.

Furthermore, as Cannon is independent and not linked to any investment house or bank, relationships have been established with associated professionals in London; Neuchätel in Switzerland; Johannesburg, Durban, Port Elizabeth and Cape Town in South Africa; Lusaka in Zambia; and Gaborone in Botswana.

Clients' investments are held either by stockbrokers or banks as custodians, or in registered or unregistered form in the name of one of our subsidiaries. The range of services available to our clientele include the following:

  • Trust creation and administration services
  • Company formation and administration services
  • Independent investment advisory services

  • "Private banking" services (through our excellent relationships with major banks in Guernsey)
  • Introduction to the UK property market and assistance with mortgage arrangements
  • Advice and quotations for life assurance related products

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Regulation & Licensing...

Cannon is fully licensed by the Guernsey Financial Services Commission ("GFSC") to carry on fiduciary activities under The Regulation of Fiduciaries, Administrative Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000.

Cannon is also regulated by the GFSC under The Protection of Investors (Bailiwick of Guernsey) Law, 1987.

In accordance with these laws Cannon, amongst other requirements, maintains a certain level of financial resources and a minimum level of professional indemnity insurance.

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Staff...

The team at Cannon have between them many years of experience in trust and company administration. To further enhance these skills, members of staff are actively encouraged to study for professional qualifications relevant to our business, including the Society of Trust and Estate Practitioners ("STEP") Foundation Certificate and Diploma in Offshore Trust Management; the Institute of Chartered Secretaries and Administrators ("ICSA") Certificate and Diploma in Offshore Finance and Administration; and the Certificate in International Financial Administration ("CIFA").

 

 

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