Dominion Do More
DAC is operated and administered by Dominion Fiduciary Services (Switzerland) SA (‘Dominion Switzerland’), a Swiss trust company regulated by SO-FIT (Supervisory Organization for Financial Intermediaries and Trustees), a self-regulatory organization recognized and supervised by the Swiss government body, FINMA (Swiss Financial Market Supervisory Authority).
Dominion Switzerland is a subsidiary within the Dominion Group. Established in 2001, with offices in Geneva, Jersey (Channel Islands), London, Malta, and Savannah, Dominion is one of the world’s largest independent employee-owned and managed trust and corporate service providers, with over $13 billion of assets under administration. Dominion’s global client base includes sovereign wealth funds, institutional investors, banks, high net worth individuals and ultra-high net worth family offices.
DAC has been established by Dominion specifically to manage Dominion’s US assignment company business. DAC is owned by a creditor remote Swiss charitable trust structure and can administer a wide variety of funding structures, including fixed annuities, fixed indexed annuities, private placement variable annuities, and customized market-based investment accounts.
Dominion Switzerland has many years’ experience operating a variety of structured payment programs and has hundreds of millions of dollars of structured payment funding assets under administration, ranging from client structures from $100,000 to single accounts well over $100m. DAC has built its reputation on having a comprehensive understanding of the relevant provisions of the U.S. Internal Revenue Code, credit risks associated with the assignment company industry and is at the cutting edge of market developments. Dominion Switzerland can leverage the Dominion Group’s connections with many leading investment custodians, investment advisors, insurance companies and insurance advisors to provide a variety of customized structured payment solutions.
