Resilience Through Structure: Why We Recommend Waugh McDonald Investment Accounts

Jul 9, 2025

Recent events involving a prominent financial institution have prompted many families and business owners in Kenya to reflect on how their wealth is held and protected. While the institution in question has long been respected for its innovation and reach, the situation has understandably raised broader questions about operational risk and custodial security. 

At Waugh McDonald, we believe that moments like these are not about panic but about planning. They offer a timely opportunity to consider how best to structure savings and investments for long-term resilience. 

That’s why we recommend and help our clients implement, Waugh McDonald Investment Accounts and Waugh McDonald Portfolios, structured through the Morningstar Wealth Platform in Jersey. These solutions offer: 

• Legal and regulatory stability in one of the world’s most respected financial jurisdictions.

• Individually segregated custody, ensuring transparency and protection.

• Institutional-grade custody and oversight, backed by Morningstar’s global infrastructure.

• Cost-efficient access to a wide range of investment strategies and currencies.

• Global diversification, reducing exposure to any single market or institution.

• Managed cash options with competitive gross money market rates:

 GBP: 1.00% below Bank of England base rate

 USD: 0.525% below Federal Reserve base rate

 EUR: flat 1.125%

 (All rates quoted before platform and advice costs, which vary based on assets under management.)

These structures are not about moving away from Kenya, they are about complementing local opportunity with global resilience. Many of our clients continue to build businesses, raise families, and invest in Kenya, while using Jersey-based accounts to safeguard long-term goals such as education, retirement, and legacy planning. 

If you’re reflecting on how best to structure your savings and investments, we’re here to help with clarity, care, and a global perspective. Reach out to us at info@waughmcdonald.co.ke.