Финансовый холдинг Titan Wealth завершил поглощение компании LTS на острове Джерси

The wealth business, which bought Ravenscroft’s wealth management business in December 2024, had earlier that year taken a 49% stake in LTS. Now it is completing the deal and buying the whole of the company. ‘This is a significant and exciting milestone for LTS. ‘Throughout the process, our focus has been on ensuring any transaction would be the right fit for our clients, our team and the long-term future of the business,’ said LTS managing director Paul O’Neill. ‘Joining Titan Wealth enables us to remain true to everything that has made LTS successful while gaining access to additional resources, technology, research and specialist expertise that will enhance the service we provide. ‘Our clients will continue to receive the same trusted, independent advice from the same people they know and work with today. ‘Perhaps most importantly, this creates new opportunities for our team. ‘The quality of our people has always been our greatest strength, and being part of a larger international organisation gives them greater scope to develop their careers while continuing to deliver exceptional outcomes for clients.’ LTS will continue to operate under its existing brand. Its local office is relocating to Titan’s headquarters in New Street this week. The business also has a Jersey office which is based with Titan in the island. James Kaberry, co-founder and co-CEO of Titan Wealth, said that having personally experienced the quality of advice and service provided by LTS, he had quickly understood why the business was so highly regarded within the Channel Islands and its potential. ‘The team’s technical expertise is complemented by a genuinely client-first approach, and that combination makes them stand out. ‘As I got to know the business and its people better, it became clear that there was an opportunity to bring that expertise to a much wider audience,’ he said. ‘We believe the access to LTS’s specialist tax knowledge will be hugely beneficial for clients and creates exciting opportunities for both businesses as we continue to grow together.’ The acquisition, the value of which has not been disclosed, represents a further investment by Titan Wealth in the Channel Islands and it said it reflected the strategic importance of the islands within the wider group. ‘The Channel Islands continue to be an incredibly important part of Titan Wealth’s growth strategy,’ said Robin Newbould, CEO of Titan Wealth Channel Islands. ‘We have been consistently impressed by the depth of expertise, professionalism and client service culture demonstrated by the LTS team and this acquisition is a testament to the calibre of the people we have here in the Channel Islands and the strength of the professional services sector across the islands. We see tremendous opportunities to build on that expertise and further strengthen the range of solutions available to clients both locally and internationally.’ Titan Wealth has more than £45bn in assets under management and employs more than 1,400 people across eight jurisdictions, including the Channel Islands.