Channel Island firms win big at "the Oscars of finance"

Friday 17 May 2024

Companies from the Channel Islands received nine accolades this week at an annual awards ceremony dubbed "the Oscars of finance".

The Citywealth's 'Magic Circle' awards for private wealth firms this year held its 19th event in London.

The 2024 ceremony was hosted by BBC business journalist Declan Curry just a stone's throw from the Houses of Parliament.

The awards recognise the best wealth managers and advisors in the private wealth industry, particularly those who invest money with charities, private families and foundations.

The event also raised funds for Magic Breakfast – a charity that delivers free breakfasts every morning to underprivileged school children.

Pictured: Channel Islands Winners Sarah Jayne Bartram-Lora Reina (right) from Stonehage Fleming with the London team.

Firms from the Channel Islands were up for awards in numerous categories and achieved nine accolades.

A full list of local winners and runners up:

• Trustee of the Year Winner: Jennifer Le Chevalier, IQ-EQ, Jersey - Runner up: Philippe de Salis, Stonehage Fleming P 1
• International Law Firm of the Year Winner: Carey Olsen - Runner up: Ogier 
• Financial Planning Firm of the Year Winner: Evelyn Partners 
• Private Client Asset Manager of the Year Runner up: Melville Douglas International 
• Family Office of the Year Winner: Stonehage Fleming 
• Trust Company of the Year Winner: Standard Bank Offshore 
• Technology Innovators of the Year Runner up: IQ-EQ

Karen Jones, founder, CEO and editor of Citywealth, said: “With multiple elections, growing global aggression and civil protests, the wealth manager and adviser in all capacities are being called on for advice.

"Now, more than ever, clients need to rely on the safety the industry provides to protect assets and knowledge to navigate family issues whether divorce, ESG investing, tax or succession.

"With that, Citywealth is delighted to present the best of breed for 2024."