JTC has bolstered its senior Private Client Services (PCS) team with the appointments of Chris Fry and Paul Fauvel as Directors.
In their new positions, Chris and Paul, both based in Jersey, will play key roles in continuing to drive forward JTC’s PCS business, with a focus on evolving its cutting-edge service proposition to support the sophisticated needs of global families and private clients.
Chris Fry (left) and Paul Fauvel (right)
With a formidable reputation in the family office arena, Chris has more than 20 years’ experience in working with private clients, supporting a diverse portfolio of High-Net-Worth individuals across a range of asset classes and jurisdictions.
Prior to joining JTC, he worked for over two decades at another Jersey-based service provider, ending his tenure as Head of Family Office Services, where he played a critical role guiding and supporting global families with their succession, wealth transfer and family business objectives. He is a member of STEP.
Meanwhile, Paul has over 25 years’ experience working in the international financial services industry, having started his career at Abacus Financial Services where he worked for eighteen years, ultimately with responsibility for their private client division’s largest fee client. While at Abacus he served on this client’s parent company board and was involved in the strategy of the structure, which had a turnover in excess of ten billion pounds.
More recently, Paul has held senior positions working for leading financial wealth management firms, supporting the wealth ambitions of families based in a number of jurisdictions including the UK, USA and Europe, with a particular focus on structuring for Asian clients. He has expertise across various asset classes including media, property, aircraft and leisure businesses, and he is a member of STEP.
Paul Weir, Managing Director, Jersey, and Regional Head of Europe within PCS at JTC, said:
“As a business with a track record of sustained growth and a reputation for service excellence it is key that we are able to attract people of the highest calibre to maintain the high standards we set ourselves. This is particularly so as the needs and ambitions of the private clients and globally-dynamic families that JTC supports are becoming increasingly sophisticated and multi-jurisdictional. We are therefore delighted to welcome Chris and Paul to the team.
“Both Chris and Paul bring a huge amount of cross-border experience in the family office and private client space, having led fiduciary teams and managed complex clients and structures. They will both bring considerable insight, knowledge and experience to our senior team in Jersey and within PCS more widely as we continue to evolve and enhance our global proposition.”