Zedra has acquired LJ Fiduciary, from investment firm Alvarium.
Subject to regulatory approval, LJ Fiduciary will be rebranded and merged into the existing Zedra network.
LJ Fiduciary’s Swiss and Isle of Man service offering encompasses global private client, fund and corporate administration services that should help Zedra’s strategy in the ‘active-wealth’ space offering.
The acquisition will add nearly 50 new staff to Zedra’s existing headcount of over 500 across 13 countries. Total staff in Switzerland will now be more than 70, while in the Isle of Man, staff numbers will exceed 100.
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