Bermuda-based Meritus Trust Company Ltd has been shortlisted for the “Independent Trust Company of the Year” category of the 2015/2016 Society of Trusts and Estate Practitioners (STEP) Private Client Awards.

STEP is the leading worldwide professional body for practitioners in the fields of trusts, estates and related services. The STEP Private Client Awards highlights excellence and innovation among private client solicitors/attorneys, accountants, barristers, bankers, trust managers, financial advisers and insurance professionals worldwide.

Michelle Wolfe, managing director at Meritus, said: “The nomination underscores our vision, which is based upon a philosophy of independence and reinforces our position as a leading provider of trust and private client services.

“Having received the STEP Caribbean Trust Company of the Year award in 2013, being shortlisted for the 2015 global STEP Independent Trust Company of the Year award is a reflection of the growth and development of our company.”

The firm’s general counsel Randall Krebs said: “This acknowledgment is recognition of the collective aspirations of our dedicated and motivated fiduciary team to create a premiere boutique trust company in Bermuda.”

Winners of the 2015 /2016 award will be announced at a ceremony on September 8, 2015 at the Park Plaza Westminster Bridge Hotel, in London.