The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Saffery Champness, Holdun Trust
Saffery Champness Registered Fiduciaries has announced its acquisition of Cayman Islands-based Holdun Trust Limited to strengthen the firm’s offering in the region.

The acquisition, which is subject to regulatory approval, will see a rebrand of the Holdun Trust and marks the establishment of a Saffery Champness office in the Cayman Islands, expanding the firm’s international footprint, which includes the Channel Islands, Switzerland and Dubai.

Saffery Champness first established a Cayman offering in 2020, in line with the needs of the firm’s international and globally mobile client base, the firm said in a statement. The acquisition of Holdun Trust builds on this success, expanding the firm’s offering to include the establishment and administration of Cayman Island structures such as STAR Trusts and foundation companies.

“On completion of the acquisition, Zoe Day and Fiona Pileta of Holdun Trust will join Saffery Champness, working alongside Paul Tucknott, managing director of Saffery Champness in Geneva, and Lisa Vizia, director of Saffery Champness in Guernsey, who together lead the firm’s Cayman Islands offering,” Nick Batiste, managing director of Saffery Champness, said.

Saffery Champness is an independent provider of fiduciary services – including estate planning, wealth protection, investment structuring and corporate services – to clients across the world. Whilst Holdun Trust is a wholly-independent, fully-licensed, and regulated trust company.