New Quadrant Trust Corporation Limited (NQTCL) was recognised as a runner-up in the Innovation of the Year category at the Citywealth Magic Circle Awards 2019, held on 16 May.

Partner Robert Smeath commented: "This is a real achievement for the trust team. We established NQTCL because we wanted the clients of New Quadrant Partners to benefit from using a trust corporation rather than appointing individual professional trustees. We have been able to shape the trust corporation to our clients' specific needs — including not just tailored family trusts but a growing number of personal injury trusts."