“Never apologize for being correct, or for being years ahead of your time. If you’re right and you know it, speak your mind. Speak your mind. Even if you are a minority of one, the truth is still the truth" - Mahatma Gandhi

Stephen Abletshauser MA(Oxon), Dip. (ITM), TEP, STEP PPgD (PWA)

Director / Solicitor

Stephen is a lawyer specialising in cross-border wealth structures. He holds a Masters in German and Linguistics from the University of Oxford. He was admitted as a solicitor in England and Wales in 2006, in the BVI in 2008 and in 2018 in Ireland.

Stephen trained at Weil Gotshal and Manges in London gaining expertise in the firm’s corporate, real estate, insolvency, litigation and securitization departments as well as working for 3 months on secondment at Oxfam’s headquarters. Later, as a corporate associate solicitor at Withers LLP in London, Stephen worked on a range of tax-driven corporate structures and deals involving the use of offshore trusts, companies, funds and limited partnerships for UHNWIs.

In late 2008 Stephen founded the Palladium Group which he sold in 2019 to an LSE listed investment fund. The Palladium Group grew significantly from starting in Stephen’s flat and upon its sale consisted of a law firm in London and trust and corporate service providers in New Zealand, the BVI, Singapore and the Seychelles. While at Palladium, Stephen presented several seminars in London on the nexus between the offshore and onshore world, including with Mazars, and he has had articles published in the STEP Journal.

The Palladium Group established and managed companies, funds, trusts, LPs, LLPs in over 25 countries for UHNWIs and their families as well as for international law firms, investment funds, international trust companies, accounting firms and financial advisers.

Since leaving Palladium and setting up SALT Trust, Stephen has also accepted the role of legal adviser with SME Financial Advisors (www.smefinancialadvisors.com) in London which helps innovative start-ups secure finance and investments. Stephen is also Treasurer of the University of Oxford Real Estate Society (www.oxres.org)

Stephen is a qualified Trust and Estate Practitioner (‘TEP’) having also completed the Society of Trust and Estate Practitioners (‘STEP’) diploma in International Trust Management (with distinction and an 80% grade average in 2011) as well as STEP’s inaugural postgraduate diploma in Private Wealth Advising (2017). Stephen speaks what he calls business acceptable German, Portuguese, and Spanish and understands enough French, Italian and Dutch to be useful or useless!

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John MacKenzie

Director, Salt Trust Limited

John MacKenzie emigrated from Canada to Barbados in 1977 to join a family business. He became the CEO of one of the island’s leading automotive dealerships which was a part of a large regional conglomerate of companies. In 1983 John became the CEO and only employee of the new financial division for the conglomerate starting with 300,000 in assets. Over a 30-year career this business became not only the largest company in the group, but also the island’s largest non-bank financial institution in Barbados with over 280 million dollars in assets. 

Since leaving the group he has worked extensively in the offshore sector as director of multiple international corporations spanning a large range of industries and services. John also sat on the steering committee for what is now the Barbados Anti Money Laundering Authority. He graduated with an MBA from the University of the West Indies, is a past President of the Rotary Club of Barbados and is a Paul Harris Fellow. John is also a Justice of Peace.

John is a loving family man as well as an avid musician and woodworker. He enjoys spending his free time restoring old cars and building furniture.

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Archie Cuke

Director, Salt Trust Limited

Archie is a director of Salt Trust and comes from a long-standing Barbadian family, having lived in Barbados until 1974 when he emigrated to Canada to attend university.

Archie holds an MBA and is a qualified Chartered Accountant, having worked many years for Price Waterhouse in Toronto. Archie held various financial controllership roles in industry before running his own professional practice providing CFO, management advisory and international representation services to a wide variety of clients.

In 2007, he returned to Barbados, initially to manage an International Business Company, and subsequently acted as Managing Director of Royal Fidelity Merchant Bank & Trust (Barbados).  Archie has vast experience in the financial and international business world with proven leadership and management skills. In addition, he has an established track record for building long term business relationships with partners and stakeholders.

Maria Antonia de Madrid Mackenzie

Director of Salt Trust’s company secretary

Maria Antonia is a lawyer who has deep experience in the structuring business and is a licenced Barbados corporate service provider. Maria Antonia is originally from Venezuela and native Spanish speaker who specialises in providing efficient and dynamic corporate services, focused on the market demands of Latin American clients. Of particular note, Maria Antonia works to satisfy all local and international laws in the fight against money laundering and sanctions.

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Salt Trust

Salt Trust Limited
The Business Centre,
Upton,
Christ Church,
Barbados
BB11103