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Jersey-based Garfield-Bennett has become part of an international fiduciary and administrative services group.
Garfield-Bennett Trust Company Limited has joined the Summit Group with support from UK investment firm Sovereign Capital Partners.
Summit Group specialises in fiduciary and administrative services and supports clients clients in wealth growth, protection, and transfer. The group operates in the Cayman Islands, Guernsey, Switzerland, and the UK.
The expansion into Jersey intends to increase Summit Group's international reach, broaden its referral sources, and improve its services for clients. It also aims to provide more growth and development opportunities for its team.
Garfield-Bennett, established in Jersey in 1995 as Garfield-Bennett English Solicitors, formed Garfield-Bennett Trust Company Limited in 2004 to manage trust and company services.
It has since built a diverse international client base, including corporate entities, high-net-worth individuals, families, and institutions.
Matt Claxton, CEO of Summit Group, said: “This is another important step on our journey to build a leading multi-jurisdictional private client trust business.
"William Bennett and the team in Jersey share our values and commitment to providing personalised, professional and high-quality service to clients.
"I am delighted to welcome Garfield-Bennett into the Summit Group.”
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