The firm will now provide a complete range of private client fiduciary services in Guernsey.

Maitland, the global advisory and fund administration firm, has expanded its presence in Guernsey having obtained its full fiduciary license.

This will allow Maitland to provide a complete range of private client fiduciary services in Guernsey alongside their existing fund administration and corporate services offering, it said in a statement.

Maitland Guernsey’s services now span all three of the firm’s client segments - corporate, institutional and private.

The new licence sees Iris Harvey, former partner of Maitland Advisory, the group’s London law firm, take on a new role as director of private client services for Guernsey.

Harvey has around 15 years’ experience in structuring family wealth and acting for multinational families with cross-border investments.

“Expanding our business beyond fund administration and introducing a private client offering in the region, is another significant step in our ambitious global growth strategy,” Steve Georgala, chief executive of Maitland, said.

In August, this publication reported that Maitland had entered into an agreement to acquire Guernsey-based R&H Fund Services.