Jersey Trust Company expands through the acquisition of Caversham Fiduciary Services

We are delighted to announce the expansion of our Private Wealth Division through the acquisition of the business of specialist wealth management firm, Caversham Fiduciary Services.

The purchase is an important strategic move for the JTC Group and will see our Private Wealth practice grow significantly. Over 30 Caversham staff will join forces with the JTC team, including six new Directors who between them bring significant expertise and many years of industry experience. This will bring the total number of employees in the JTC Group to over 140 across our three core divisions; Private Wealth, Corporate and Funds & Employee Services.

Commenting on the deal, JTC Group Managing Director, Nigel Le Quesne, said: “This is a very exciting development for the Group and we are delighted to welcome our new colleagues and clients to JTC. The fit between the two businesses is excellent and this acquisition will allow us to benefit from an increase in the scale of our operations whilst still retaining all the benefits of being a truly independent provider with an absolute focus on client satisfaction and service.”

Stephen Whale, previously Managing Director of Caversham, will lead the expanded Private Wealth Division. He said: “JTC is a dynamic and very successful organisation. We share a similar philosophy and approach to business and as part of an enlarged, independent company, we will be able to provide a much broader offering to our clients with a continued focus on quality of service.”

For more information please feel free to contact us directly:

Nigel Le Quesne – Group Managing Director
jersey@jerseytrust.com
Tel: +44 1534 700 000