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MERGERS AND ACQUISITIONS Intertrust has acquired the client portfolio of Van Doorn, a Swiss corporate management and private wealth services company based in Zug. Founded in 1831, Van Doorn was re-established in Switzerland in 2008. It works with entrepreneurs, HNWIs, SMEs and professionals on corporate and tax structuring, accounting and administration, fiduciary service and private family office. Van Doorn will transfer its client activities and employees to Intertrust. Fiduciary services provider Zedra has acquired London global expansion consultancy Fitzgerald & Law (F&L). Zedra will also acquire the Global Expansion Advisory Network, which F&L cofounded and operates in over 70 countries. Founded in 1992 in London, F&L also has offices in Romania and San Francisco. In addition to offering expansion advice to firms setting up in the UK, it provides tax, HR and financial compliance services. Following the acquisition, F&L will rebrand to Zedra. IQ-EQ has acquired Paris-based accounting business Conseil Expertise & Synthese (CE&S). CE&S offers accounting, tax, payroll and corporate secretarial services to fund managers, entrepreneurs, corporates and high-net-worth clients. The business will be integrated with IQ-EQ’s operations in France – Equitis and Peru & Partners – but will initially retain its brand identity. The deal will create a 75-person team in France. Investment and financial planning group Tilney has completed its merger with Smith & Williamson, which has offices in Jersey. The group has been renamed Tilney Smith & Williamson, though there will be no immediate changes to the principal client-facing brands Tilney, Smith & Williamson and Bestinvest. According to Tilney, the merged business creates an integrated wealth management and professional services group with more than £47bn of assets under management. Ravenscroft’s acquisition of WHIreland (IOM) has been completed following approval from the Isle of Man Financial Services Authority. The acquisition of 100% of the issued share capital of WHIreland (IOM) means Ravenscroft has a presence in the Isle of Man for the first time. All six of WHIreland’s staff will move across and the company name will be Ravenscroft (IOM) trading as Ravenscroft. Negotiations are under way to merge PraxisIFM Group and Oak Group. The combined group will have offices in 17 jurisdictions and a headcount of more than 700. On completion, the leaders, PraxisIFM CEO Robert Fearis and Oak CEO Stuart Platt-Ransom, will form a combined management team based in Guernsey.

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restaurants and bars, earnings were down by 10.2%. • Other business activities – comprising predominantly private sector service industries – reported the highest rate of annual increase, up 3.2%. • Among other private sector industries, annual changes in earnings ranged from being unchanged to increasing by about 2%. Statistics Jersey also reported on the real-terms change in earnings (adjusting for inflation). • The headline rate of inflation in Jersey in June 2020 was 0.5%. • In real terms, all-sector average earnings in June 2020 were 0.5% greater than in June 2019. • Average earnings in the private sector were 0.2% higher in real terms than in June 2019. • Average earnings in the public sector were 2.8% higher in real terms than in June 2019. • The median average weekly earnings figure for full-time equivalent employees was £610 per week. • The mean average weekly earnings figure for full-time equivalent employees was £780 per week. TOP 35 UNDER 35 LISTING HIGHLIGHTS TOP TALENT The latest eprivateclient Top 35 Under 35 listing has highlighted talent across the UK and Crown Dependencies. The list recognises the rising stars in private wealth, including private client and family lawyers, accountants, trustees or residential property buying agents. The list was whittled down from more than 540

nominations, with the judging process considering an individual’s achievements over the past 12 months and the number of nominations received. A strong showing from the Channel Islands included: • Nichola Aldridge, Senior Associate, Carey Olsen • Katie Baxter, Senior Associate, Ogier • Laura Corbet, Manager, Intertrust Guernsey • Ryan Crawford, Manager, Hawksford • Linda De Cicmic, Team Leader, Oak Guernsey • Emma Furzer, Trust Manager, Highvern • Matthew Gilligan, Associate Director, Louvre Trust (Guernsey) • Luke Gingell, Senior Associate, Mourant (Jersey) • Libby Harris, Manager, Rawlinson & Hunter • Oliver Lindop, Senior Associate, Carey Olsen • Carla Plater, Associate, Walkers • Blane Queripel, Client Director, PraxisIFM Trust • Sonia Shah, Senior Associate, Bedell Cristin, Jersey • Gabrielle Skelley, Manager, Ocorian • Will Taylor, Manager, Crestbridge • Emma Wakeling, Partner, BCR Law • Rhuaridh Watt, Senior Manager, IQ-EQ, Guernsey • Naro Zimmerman, Associate Director, JTC. n

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