Family office services provider Crestbridge has launched a joint venture with Wyoming-based Willow Street to provide fiduciary services to US clients.
The joint venture will enable families with US-based interests to access a global platform for protecting and structuring their wealth and assets.
Working with families and their advisers for over fifteen years, Willow Street is a provider of trustee and fiduciary support services. Members of Crestbridge's family office Services team will now work alongside Willow Street's team in the firm's Wyoming office.
This represents a genuine commitment from both Crestbridge and Willow Street, and is a hugely positive step in helping us to realise our ambitions in the US, a market we are focused on"
The move further strengthens Crestbridge's profile in the US, with the firm having opened an office in New York last year to support its growing US-based institutional client base. Crestbridge employs over 300 people and has six international offices: Bahrain, Cayman, Jersey, London, Luxembourg and New York.
The joint venture will be led on Crestbridge's side by their family office group heads Heather Tibbo and Paul Hunter (pictured above) and by Phillip Harrington, chairman and CEO of Willow Street
Commenting on the joint venture, John Harris, Chairman of Crestbridge, said: "This represents a genuine commitment from both Crestbridge and Willow Street, and is a hugely positive step in helping us to realise our ambitions in the US, a market we are focused on and where our business is seeing significant growth thanks to our independence and emphasis on excellence and service quality. Together with our Family Office Group Heads Heather Tibbo and Paul Hunter, I'm looking forward to working with the team at Willow Street, in whom we have found a true partner."
Phillip Harrington, chairman and CEO of Willow Street, added: "Not only does Crestbridge offer global capabilities and further open up significant international opportunities for Willow Street, it is also a firm with a culture and client profile that mirror our own, making the collaboration an easy one. This is an exciting move that will enhance an already powerful value proposition for families looking for the highest level of service, integrity, and commitment."