IOK LTD

What IOK LTD does

Isles of Knight Ltd (DBA: IOK Ltd) is a privately held, Bahamian-regulated trust administration and corporate services firm founded in 2017 by Jean-Marie Formigé in Nassau, The Bahamas. The company provides a full range of corporate services (company formation and administration including Private Trust Companies and International Business Companies, financial reporting, legal and accounting services, advisory services, and registered office/agent and nominee services), trust administration services (lifetime and testamentary trust management, Private Trust Companies, Purpose Trusts, Asset Protection Trusts, and Charitable Trusts), and bespoke financial planning for high net-worth international individuals and families. IOK operates under the supervision of the Central Bank of The Bahamas and the Securities Commission of The Bahamas, leveraging the jurisdiction's stable regulatory environment, common law tradition, and established trust conventions to deliver customized, discretion-focused wealth structuring solutions.

The firm is founder-owned and bootstrapped, employing 10 people across its headquarters at CUB Financial Centre, Lyford Cay, Nassau. Its core technology is essentially non-existent as a proprietary platform — IOK operates as a service-based business where value is delivered through personalized, relationship-based engagement rather than software or digital distribution. Revenue is generated through subscription/recurring engagements across trust administration, corporate services, and financial planning streams, with pricing bespoke and quote-based rather than publicly disclosed. Go-to-market is direct and high-touch, relying on the founder's two-decade network across Swiss wealth management (UBS, Lombard Odier & Cie, Credit Suisse, Bayard SA Switzerland) and the Managing Director Theresa C. Haven-Adderley's local TEP credentials and Bahamian trust industry relationships.

The customer base consists exclusively of HNW international individuals and families — predominantly entrepreneurs and private individuals requiring cross-border estate planning, asset protection, succession planning, and structuring of non-liquid assets (real estate, boats, aircraft, artwork, operating companies) through Bahamian PTC structures. No external customers, partnerships, funding rounds, awards, patents, or technology integrations are disclosed in the source material; the company's website content was last refreshed in 2022, indicating limited recent public-facing operational updates.

Name

IOK LTD

Legal name

Isles of Knight Ltd

Website

https://iokltd.com

Company type

Private

Founded year

2017

Operating status

Operating

Short description

Isles of Knight Ltd (IOK Ltd) is a Bahamas-regulated, privately held firm providing trust administration, corporate services, and financial planning for high net-worth international individuals and families. Founded in 2017 by Jean-Marie Formigé, it operates from Nassau with a 10-person team.

Ownership category

akta.pro rank

Product category

Trust and Corporate Administration Services

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (52592)

SIC

Investment Advice (6282)

akta.pro primary industry

Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)

akta.pro secondary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

Keywords

• Trust administration
• Estate planning
• Wealth structuring
• Private trust company
• Corporate services

Headquarters

HQ city

Nassau

HQ country

Bahamas

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D

Revenue model

1. Trust Administration Services: Ongoing trust administration services including lifetime and testamentary management of assets, creation and management of trust-related structures such as Private Trust Companies, Purpose Trusts, Asset Protection Trusts, and Charitable Trusts.
2. Corporate Services: Establishment and administration of companies including Private Trust Companies and International Business Companies, budgeting and financial reporting, legal and accounting services, advisory services for personal and corporate structures, Registered Office and Registered Agent services, and nominee services.
3. Financial Planning Services: Bespoke financial planning services for high net-worth individuals and families, including estate and inheritance planning.

Go-to-market motion1 record

Distribution channels1 record

Core offering

IOK LTD provides bespoke trust administration, corporate administration, and financial planning services to international high net-worth individuals and families from Nassau, The Bahamas. Core offerings include lifetime and testamentary trust management, formation and administration of Private Trust Companies and other trust structures, company formation and registered office/agent services, and estate/inheritance planning, all delivered under the supervision of the Central Bank of The Bahamas and the Securities Commission of The Bahamas.

Product overview

IOK LTD operates as a single-service platform offering integrated corporate and trust administration services. The core offerings consist of Corporate Services (company formation, administration, legal, accounting, and advisory) and Trust Services (trust administration, estate planning, and Private Trust Company structures). The company provides bespoke solutions for wealth planning and structuring for high net-worth international clients, primarily serving families and entrepreneurs seeking asset protection and succession planning in The Bahamas.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Services
• Trust Services
• Bahamian Private Trust Company (PTC)
• Financial Planning Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• IQ-EQ: Global corporate and trust services group with strong Caribbean/Bahamas operations. A direct comparable on bespoke fiduciary, corporate administration, and private-client services for UHNW families.
• Butterfield Trust (Butterfield Group): Bermuda/Cayman-rooted trust and fiduciary services provider with Caribbean presence. Competes for the same international HNW family mandates and offers comparable trust-administration and corporate-structuring services.
• Rawlinson & Hunter: International trust, fiduciary, and corporate services firm specialising in private-client work across offshore centres. Comparable offering to IOK for HNW trust administration and corporate structuring.
• Ansbacher (Bahamas) Limited: Bahamas-headquartered trust and corporate services firm serving private clients and families. Overlaps directly with IOK's Nassau-based trust administration and corporate structuring offering.
• Trident Trust: Global independent provider of trust, corporate, and fund administration services with a major Bahamas/Nassau office. Direct competitor to IOK for HNW trust structuring, PTCs, and corporate services in the same jurisdiction.
• Sovereign Group (Sovereign): International fiduciary and corporate services group focused on private wealth structuring across multiple offshore jurisdictions. Comparable niche focus on HNW families and bespoke structures similar to IOK.

Broad incumbents

• Ocorian (formerly Estera): Global provider of fund administration, corporate, and trust services with a footprint across Caribbean/offshore centres. A broader incumbent competing for the same private-client and family-office mandates as IOK.
• EFG Bank & Trust (Bahamas) Ltd: Bahamas-licensed private bank and trust company where IOK's Managing Director previously held senior management. Overlaps with IOK in Bahamas-domiciled HNW trust services and is a credible source of personnel and referral flows.
• Maples Group (Maples and Calder): Large international legal and fiduciary services group with Cayman/Caribbean trust services. Operates broadly in the same offshore fiduciary space as IOK but at significantly greater scale and with a wider service portfolio.

Regional players

• First Caribbean Corporate Services (First Bahamas / FirstCaribbean): Caribbean-rooted corporate and trust services provider with Bahamas exposure. Comparable regionally on corporate administration and registered office services, though typically operating at a broader institutional scale than IOK.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IOK LTD