Summit Group Welcomes Garfield-Bennett
Summit Group, the Guernsey, Switzerland, Cayman and UK-based independent fiduciary group announces their strategic expansion into Jersey with the acquisition of Garfield-Bennett Trust Company Limited.
A pivotal step forward
Matt Claxton, CEO of Summit Group, emphasises the strategic significance of this acquisition, stating, “This is an important and exciting step forward in our ambition to create a selectively global fiduciary business. We are delighted to welcome the Garfield-Bennett team, led by William Bennett, to Summit Group.
The proliferation of worldwide regulation and the increasing complexity of our clients’ needs make a multi-jurisdictional network both attractive and important for our future. With Garfield-Bennett, the Summit Group now has offices in the Cayman Islands, Jersey, Guernsey, Switzerland and the United Kingdom.
It is clear from our discussions over the last few months that Garfield-Bennett are like-minded partners who share our values, with a focus on providing personalised, professional and high-quality service. By joining the existing Summit Group team of industry-recognised practitioners, Garfield-Bennett can now provide clients with an even wider range of bespoke and tailored support. For the Garfield-Bennett team, joining Summit Group provides continuity, opportunity and investment.”
Expanding horizons with combined expertise
The integration of Garfield-Bennett into Summit Group not only broadens the fiduciary group’s international reach but also enriches their collective expertise in supporting clients with navigating the complexities of managing their wealth.
Matt Claxton underlines that Summit Group is looking ahead to a bright future with Garfield-Bennett, stating, “Our combined capabilities result in a powerful, dynamic and multi-jurisdictional service offering delivered by a highly professional team, which is of paramount importance in a fiduciary business.”