M and A

Deals Of The Day: The Latest In Wealth Management M&A – ZEDRA, LJ Fiduciary, Alvarium Private Office

Editorial Staff November 16, 2023


The latest mergers, acquisitions and other corporate actions in the wealth management sector.      

ZEDRA, a global specialist in corporate and global expansion, active wealth, pensions and incentives services, and fund solutions, is acquiring LJ Fiduciary and Alvarium Private Office with offices in the Isle of Man, Geneva and the UK. The business is being acquired from AITi Tiedemann Global, the multi-family office group recently created from a transatlantic merger.

The transaction, the financial terms of which were not disclosed, is subject to regulatory approval. A total of 59 employees will join ZEDRA, taking its total payroll to more than 1,000 in 16 countries spanning Asia, Oceania, the Americas, and Europe.

As a result of the acquisition, LJ Fiduciary and APO will be rebranded and merged into the ZEDRA Group.

LJ Fiduciary’s and APO’s service offering includes global private client and corporate administration services. 

ZEDRA said this acquisition will enhance its strategy in the active wealth and corporate services space.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes