Jersey-headquartered Highvern has acquired Guernsey and Switzerland-based Noble Trust Company for an undisclosed sum.
The deal, which is subject to regulatory approval, will expand Highvern’s offering across the Channel Islands and Switzerland.
In Guernsey, Noble Trust Company offers fiduciary services for family offices and private clients.
In Switzerland, the company has an office in Zug, where it specialises in the administration of offshore structures as well as family office services. It is also experienced in holding Swiss properties in trust on behalf of Swiss and international clients.
Martin Hall, managing director at Highvern, said: “We welcome the addition of Noble Trust Company and its staff who share our passion for working with high net worth individuals to forge long-lasting relationships. We very much look forward to working with them in growing the combined businesses.
“Together we plan to offer the same attentive and personalised service for which we have become known, and continue our success story by leveraging the wider group capabilities.”
This deal comes almost a year after Highvern set up a London office to offer private wealth and corporate structuring services.