We are delighted to announce our acquisition of independent trustee and corporate services provider Wyoming Trust Company (WTC).  As Wyoming’s first chartered trust company, WTC has served its US and international clients with care and distinction for over 30 years, and strongly shares our vision and values. We are pleased to welcome them as we continue our journey of growth and accomplishment.

The acquisition builds upon and accelerates our US market presence, following a successful six-year partnership with Wyoming-based Willow Street LLC. This joint venture enabled us to deliver a more comprehensive global service to our clients, enhance our jurisdictional expertise, and establish a reputation in the US for technical excellence and world-class service. The time is now right for us to stand alone, and our partnership with Willow Street has been concluded.

Today we also announce the appointment of Morgan Alleyn as Managing Director of our consolidated Wyoming business. As a US attorney, Morgan has an excellent perspective on how US-involved structures operate, considerable expertise in international tax and tax controversy, and a thorough understanding of cross-border trusts, estates, business interests and investments.

Our acquisition of WTC will enable us to continue operating with full independence and autonomy in support of our US clients, delivering a seamless cross-border service from both Wyoming and Jersey. The move consolidates our status as a leading multi-jurisdictional service provider, with a proven record of establishing and supporting even the most complex, globally dispersed structures.

In recognition of this, our firm will now be known globally as Crestbridge Fiduciary. This new identity better conveys our enhanced breadth and scope, whilst reaffirming our profound commitment to the values synonymous with the Crestbridge name. We remain a privately-owned fully independent firm, beholden only to the best interests of our clients.

All regulatory obligations in Wyoming have been completed with regard to the acquisition.

Crestbridge Fiduciary CEO Heather Tibbo said: ‘Today’s announcement marks a significant milestone. It advances our long-term strategy of enhancing our integrated global platform, strongly positioning us to anticipate and support the needs of a changing marketplace.

By actively listening to our clients, and adopting a dynamic and streamlined business model, we are able to offer a unique value proposition that truly addresses the requirements of successful, internationally-mobile families.’

Crestbridge Fiduciary Chairman, Steve Sokić, added: ‘The acquisition of WTC to the Crestbridge Fiduciary group is a further illustration of the Crestbridge commitment to the important US market and of its ambition to consolidate its reputation as a global provider to international families.’