The last 12 months have seen Volaw trust company grow to a firm of over 90 staff, with new staff joining at all levels of the business.
The recent merger of Europlan trust company into the Volaw Group added 20 new staff including two directors. This has been complemented by organic growth to match an increase in new business which has seen Volaw take on a further 18 new staff in the last year, with five more posts still currently available.
Volaw’s Wealth Structuring Group has seen the greatest growth, with the majority of ex-Europlan staff and other new starters joining this area to handle the administration of trusts, companies and other fiduciary structures. Its Compliance team has also increased in size in line with the overall growth of the business, and Volaw is still recruiting within this area. Volaw’s Funds Group has also grown in terms of staff and in real business terms.
The expertise within the Funds team includes several staff who are practiced in dealing with Shari’a structures for Muslim clients, led by director Trevor Norman who is responsible for many of the innovations that have made Jersey into a focal point for Islamic investors.
The integration of Europlan has been particularly successful due partly to the good fit of business and skills that were identified during the merger process, and partly by the mentoring and buddying system in place within Volaw, which has enabled the Europlan staff to adapt quickly to their new environment. Furthermore, Volaw’s award-winning training programme encourages and supports staff to attain professional qualifications to ensure that clients receive the best possible service.
Robert Christensen, Managing Director of Volaw Group, is encouraged by the firm’s future prospects, stating: “We are witnessing a period of consolidation in many areas, with some smaller fiduciary services business failing or being swallowed up by larger firms. We realised some time ago that it was essential to reach a critical mass to remain competitive, and our growth strategy has been rewarded by an influx of new business, which is especially gratifying in these lean times. Our new staff bring a huge amount of expertise and access to new networks of professional contacts, which has made us a more attractive proposition for potential clients.”
Voisin has also welcomed five new staff over the last year, including a newly qualified Barrister who came through Voisin’s bursary scheme, a Probate Assistant and three support staff. For further information about available positions at Volaw, please contact Head of HR Emma Stewart.