Maitland gains full fiduciary license in Guernsey

Maitland, the global advisory and fund administration firm, announced that it will expand its existing presence in Guernsey having obtained its full fiduciary license.

This will allow Maitland to provide a complete suite of private client fiduciary services in Guernsey alongside their existing fund administration and corporate services offering. Maitland Guernsey’s services now span all three of the Firm’s client segments – corporate, institutional and private.

Steve Georgala, CEO of Maitland, said: “Following last years’ acquisition of our Guernsey fund administration business, we are pleased to have been granted our full fiduciary license in Guernsey. Expanding our business beyond fund administration and introducing a private client offering in the region, is another significant step in our ambitious global growth strategy.”

The new licence sees former Partner of Maitland Advisory LLP (the group’s London law firm), Iris Harvey, take on a new role as Director of Private Client Services for Guernsey. Iris is ideally suited for this role, with in excess of 15 years’ expertise in the structuring of family wealth and acting for multinational families with cross-border investments.

Iris Harvey, Director of Maitland Administration (Guernsey) Limited said: “Guernsey is a popular and well-regarded jurisdiction with a very good reputation amongst our clients. Being able to deliver private clients services in the region is another significant string to our bow and I look forward to establishing this new offering.”