Associated tags: Trust, Privacy, CFPB, Wyoming Division Canal, PTC, Forkner, Risk management, PTC Integrity, FDIC, Federal Reserve, Chief, Knowledge, Conference, Bank
Locations: BANK, WYOMING
CFPB,
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PTC,
Forkner,
Risk management,
PTC Integrity,
FDIC,
Trust,
Federal Reserve,
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Bank JACKSON HOLE, Wyo., Oct. 3, 2023 /PRNewswire/ -- Two Ocean Trust, a Wyoming-chartered trust company that provides generational wealth management for ultra-high-net-worth individuals, families, and foundations, announced today the appointment of Albert Forkner as its new Chief Risk and Compliance Officer. In this role, Forkner will be responsible for overseeing all risk management and ensuring compliance with federal, state and international regulatory requirements, both for clients and for Two Ocean itself. With a distinguished background in financial infrastructure and governance, Forkner brings invaluable expertise to further enhance Two Ocean's leading-edge trust and investment offering to its clients, including its industry-leading digital asset and private trust company capabilities. Forkner will also become a member of the Two Ocean board of directors and will be based at the company's Jackson Hole headquarters.
Key Points:
- JACKSON HOLE, Wyo., Oct. 3, 2023 /PRNewswire/ -- Two Ocean Trust, a Wyoming-chartered trust company that provides generational wealth management for ultra-high-net-worth individuals, families, and foundations, announced today the appointment of Albert Forkner as its new Chief Risk and Compliance Officer.
- Forkner will also become a member of the Two Ocean board of directors and will be based at the company's Jackson Hole headquarters.
- For more than 20 years, Forkner held oversight and regulatory positions at the Wyoming Division of Banking.
- "Albert's extensive experience in both traditional finance and digital assets regulation makes him an ideal addition to Two Ocean Trust," said Joel Revill, CEO of Two Ocean Trust.
Known as COIN (Crypto Optimized Irrevocable Non-grantor) Trust, this innovative structure brings together the benefits of sophisticated trust and estate planning strategies managed by Two Ocean Trust with one of the most advanced and secure digital asset custody platforms, powered by Anchorage Digital.\n\xe2\x80\x9cTrusts and custodians have been around for hundreds of years.
Key Points:
- Known as COIN (Crypto Optimized Irrevocable Non-grantor) Trust, this innovative structure brings together the benefits of sophisticated trust and estate planning strategies managed by Two Ocean Trust with one of the most advanced and secure digital asset custody platforms, powered by Anchorage Digital.\n\xe2\x80\x9cTrusts and custodians have been around for hundreds of years.
- What is unique about COIN Trust is how we\xe2\x80\x99ve integrated both in a seamless solution optimized for crypto assets,\xe2\x80\x9d said Joel Revill, CEO of Two Ocean Trust.
- It brings together the best of the Anchorage Digital platform and Two Ocean\xe2\x80\x99s established trust services to create the most secure and forward-thinking solutions for estate planning in the digital asset space.\n\xe2\x80\x9cDigital asset estate planning is an absolute must, but the trust is only as good as its underlying custody,\xe2\x80\x9d said Nathan McCauley, CEO of Anchorage Digital.
- As the first federally chartered crypto bank, Anchorage offers the most advanced digital asset platform for institutional investors and setting a new standard for security and usability.
Norwine, a 25-year financial markets veteran, joins Two Ocean Trust from BNY Mellons Pershing Advisor Solutions Unit where he was Vice President and Senior Business Development Officer.
Key Points:
- Norwine, a 25-year financial markets veteran, joins Two Ocean Trust from BNY Mellons 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 Oceans growth, said Joel Revill, Two Ocean Trust CEO and co-founder.
- 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.
Two Oceans wealth management services now include crypto-optimized offerings for clients who have substantial digital assets or who wish to safely begin investing in digital assets.
Key Points:
- Two Oceans wealth management services now include crypto-optimized offerings for clients who have substantial digital assets or who wish to safely begin investing in digital assets.
- This is what Two Ocean Trust has built a comprehensive, full-service wealth management platform for digital asset investors that has not previously existed.
- Two Ocean Trust has created a comprehensive and frictionless digital asset wealth management platform for its clients that combines:
One service that has been absent for digital asset investors is estate management.
- Two Ocean Trust provides wealth management services to high-net worth individuals, family offices, and advisers.We offer a full range of investment, trust and estate capabilities including the first fully regulated wealth management platform for digital assets.
