Expertise

Jersey has one of the largest number of finance industry professionals – more than 14,000 – of any international finance centre (IFC), giving it a vast pool of expertise.

4 December 2024

For more than 60 years, Jersey’s private wealth management professionals have been providing a full range of family office services, from managing investments and corporate structures, 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, managed trust companies, to standalone entities.

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.

High-quality professionals

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.

Professional standards

Jersey is held in high regard given the significant concentration of appropriately qualified private and corporate wealth professionals across the legal, banking, and accounting industries. In addition, Jersey is recognised for its membership of the governance institute – ICSA, STEP and the Chartered Institute for Securities and Investment (CISI)

Future-focussed products and services

Jersey has developed a breadth and depth to its range of products and services that competing jurisdictions find difficult to match. For example, as a specialist centre for funds in alternative asset classes, family offices seeking co-investment opportunities with other families or institutions can do so via the Jersey Private Fund (JPF). Ideally suited to private fund raisers, the JPF offers a streamlined and appropriate regulatory process, providing a quick, efficient and cost-effective route to launch. Discover more about co-investment through the Jersey Private Fund

A jurisdiction of substance

Jersey’s capital, St. Helier, is the dynamic hub of the finance industry, where more than 14,000 professionals work together to provide expertise and a quality service to clients worldwide this is the largest financial services workforce of any Crown Dependency or Overseas Territory.

Due to the IFC’s long-established financial services industry, developed financial services centre in the capital of St. Helier, local knowledge, high levels of education, training and the adherence to professional standards of Jersey financial services employees, clients acknowledge that the Jersey offering demonstrates economic substance

What Jersey-based family offices say

Global Head of Governance for Family A:

“One of the most attractive things about Jersey is the talent pool.

We have employed five local, very experienced professionals. The family has also been impressed with the quality of the legal, accounting and trust company service providers that we have engaged.”

Principal of Family D:

“We have been able to attract well educated and skilled staff here in Jersey and retain them. We have employed five employees locally so far.”

Businesspeople standing in office chatting

Family office brochure

Over the last decade, Jersey has seen a significant increase in the number of family offices, not only establishing on-Island, but also migrating to Jersey from other jurisdictions.

To help us better understand the mindset of today’s family office, we worked closely with some local family offices to listen to their personal experiences and to understand the rational behind establishing their businesses in Jersey as a leading international finance centre.

Business directory

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 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 and creative businesses.

For a list of firms operating in Jersey or to search for a specific organisation visit our business directory.