Starting out with only a handful of staff located in Jersey, JTC Group celebrates its 25th birthday today as a global business with offices in six locations, clients all over the world and more than 160 employees.

With a track record of success – having grown its revenue every year for 25 years – JTC now plans to take Jersey’s home-grown successful business model even further afield via acquisitions and organic growth.

Already with offices in Jersey, the United Kingdom, Switzerland, the British Virgin Islands, Luxembourg and Guernsey, the group has an ambitious expansion plan, designed to increase the geographical footprint of the business to meet clients’ needs and expectations in the future.

Nigel Le Quesne, Group Managing Director, comments:

“As globalisation continues for both corporate businesses and private clients and their families, there is a growing need for a skilled provider with cross border expertise and the ability to handle complex structures efficiently.

“We are aiming to grow our geographical network and offer clients a wider selection of bespoke services and products across multiple jurisdictions, through one point of contact.”

The business already has several acquisitions under its belt, including the purchase of Caversham, a private client business based in Jersey, in 2010, and the take on of some of Standard Bank’s Jersey-based Fund Administration portfolio in 2011. In addition, already this year, Horizon Group’s book of Jersey-based trust business has entered the fold and the integration process is underway.

Unique DNA Nigel puts the success of the business down to its dedicated employee base. During the 90s, under his guidance, the business introduced a shared ownership scheme enabling everyone to have a personal stake in JTC.

“It’s important that we are all working together to achieve the same goal – to be the best provider of trust, corporate and fund services across multiple jurisdictions. If everyone is on the journey together, employees understand the value of their contribution and motivate each other to go the extra mile. It is this combination that sets us apart from others and enables us to provide excellent service levels for clients.”

The business has impressive staff retention rates. Nearly half of all employees have been with the business for five years or more, which means they have strong partnerships with clients, built over many years.

“The client teams have a good understanding of clients’ goals and aspirations, and can add value by using this insight when working on specific individual matters,” notes Nigel.

Subject to regulatory approval, with the backing of CBPE Capital, a private equity partner with a minority share in JTC, the group aims to replicate this Jersey-grown DNA in other jurisdictions, as part of its expansion plans.

Nigel concludes: “It’s the ‘can-do’ attitude, hard work and commitment of staff that has made JTC Group what it is today, and without doubt it will be what makes us successful in the future.”