Independent professional services group Praxis has been shortlisted in the annual STEP Private Client Awards 2024 in the ‘Trust Company of the Year – Large Firm’ category.

The STEP Private Client Awards are highly regarded within the industry, recognising excellence and innovation among private client lawyers, accountants, barristers, bankers, trust managers, and financial advisers across 28 countries.

Participating firms are assessed across five key areas: management and growth; excellence in client delivery; innovation; technical expertise and continuing professional development; and commitment to upholding the highest professional and ethical standards. Being shortlisted is considered a hallmark of quality and this year saw a record number of nominations, with 373 submissions.

Tracing its roots to Jersey over 50 years ago and headquartered in the Channel Islands, Praxis now employs over 420 people across 16 global locations and is listed on The International Stock Exchange.

Thanking STEP and the judging panel for the recognition, John Medina, Group Head of Private Wealth, and Director of Praxis Jersey, said: ‘We are hugely honoured to be shortlisted for the STEP Trust Company of the Year Award. It is a testament to the hard work and dedication of our teams across the Group, as well as our commitment to providing excellence to our clients and advisers.

At Praxis, we continuously strive to maintain the highest standards of service, and to nurture the current and future generations of practitioners.’

The judging panel, supported by a panel of experts, will decide upon a winner for each category and they will be announced at an Awards Ceremony in London on 19 September 2024.

Find out more about Praxis’ Private Wealth services – www.praxisgroup.com/services/private-wealth