JTC completes NYPTC acquisition 02 November 2022Jersey Reporter: Lucy Carter
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Professional services business JTC has acquired New York Private Trust Company (NYPTC), completing a proposition that was announced in August 2022.
This development contributes to JTC’s goal of expanding its US operations, with a focus on US domestic trust services.
Serving high net worth individuals, family offices and corporate clients in the US and beyond, NYPTC offers fiduciary services covering trusts, estate administration and white label platforms.
NYPTC’s fiduciary services will add to JTC’s existing US private client services, launched in 2013 and now operating across the country with Delaware, Miami and New York offices amongst others.
Nigel Le Quesne, CEO of JTC, says: “NYPTC is a high-quality private client business that expands our US footprint and supports our ambitions to grow a market-leading US domestic trust business. The NYPTC team has an outstanding reputation for delivering the highest levels of service and we extend a warm welcome to our new colleagues and clients.”
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