Cavenwell Group has announced that its private client trust company business, Cavenwell Trust Company (Jersey), has been authorised by the Jersey Financial Services Commission (JFSC).
The authorisation marks Cavenwell’s expansion into Jersey and the next step in its growth journey as a digitally enabled fiduciary partner to ultra high net worth (HNW) families and advisers.
The newly established Jersey business will provide bespoke global wealth structuring and administration solutions to entrepreneurs, HNW individuals, and their families.
Cavenwell was advised on the process by Walkers, with investment funds & corporate partner, Dilmun Leach, and senior counsel, Sarah Townsend, assisting the group on its trust company business registration.
Cavenwell, which is based in the UAE, is independently owned and licensed across DIFC, ADGM, and Jersey.
It operates a digital-first model, embedding digital processes across the client journey, from onboarding and transaction monitoring to document automation and regulatory filings, seeking to enhance the client experience, improve compliance outcomes, and reduce friction.
“Jersey has long been a jurisdiction of choice for many of the families we serve, particularly from the GCC and Asia who value it’s well-regulated environment and strong rule of law,” commented Cavenwell Group founder and CEO, Andrew Horbury.
“Our expansion to Jersey complements our presence in ADGM and DIFC, giving clients access to three world-class structuring hubs under one coordinated platform.”
Cavenwell Group director, Charlotte Cormack, added: “Clients are often frustrated by the delays and disconnection between jurisdictions.
“Our goal is to change that. We’ve built a truly coordinated team, trained across Jersey, DIFC, and ADGM frameworks, that can provide timezone-specific administration and seamless client service regardless of where a structure is based.”
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