For more than 60 years, Jersey’s private wealth management professionals have been providing a full range of family office services, from managing investments, concierge and travel needs, to professional support for families. Our expert workforce is ready to advise private clients on a range of topics, including governance and financial reporting, as well as provide services such as project management, trustee and corporate services.
Family office solutions in Jersey are available either through an established professional services provider or may be set up as a bespoke organisation on the Island. The IFC can meet the aspirational needs and requirements of families looking to establish or transfer their family office by offering an array of structuring options, from private trust companies and foundations, to managed trust companies.
As an IFC, Jersey is well-connected and offers a wealth of cross-jurisdictional fiduciary service providers. Jersey-based professionals offer a centralised management and service base ideal for family offices, family members and their assets, which are often multi-jurisdictional.
At the forefront of global regulatory change
What sets Jersey apart from other IFCs is its strong regulatory framework which is one of the strongest in the world – acknowledged by independent assessments from some of the world’s leading bodies, including the World Bank and International Monetary Fund (IMF), as well as scoring top marks from the OECD on tax transparency. We were also subject to a Mutual Evaluation by MONEYVAL in 2016 and found to be ‘compliant’ or ‘largely compliant’, with 48 out of 49 of the FATF recommendations, the highest score among all states assessed.
Professionals in Jersey are experts in areas such as the Common Reporting Standard, FATCA and economic substance rules which ensure family office platforms maintain good-standing and reputation, wherever the family office conducts business.
Discover more in our regulation factsheet.
A range of national and international financial services firms are based in Jersey. Many of the world’s top accountancy and auditing firms, international banks and Magic Circle law firms operate from Jersey. In addition, we are also a world-class centre for fintech, with more than 3,000 professionals working in the digital and technology sector and 400+ digital businesses.
For a list of firms operating in Jersey or to search for a specific organisation visit our business directory.
The jurisdiction’s regulator, the Jersey Financial Services Commission (JFSC), prescribes a high threshold for staff dealing with client matters. Staff have to either be qualified or working towards a qualification as a minimum standard, and aim to deliver balanced, progressive, risk-based financial regulation, built on insight, integrity and expertise. Discover more about the JFSC and its role in maintaining the high-quality standards of Jersey’s financial services professionals at www.jerseyfsc.org/about-us.