Independently owned professional fiduciary businesses, Abacus Isle of Man and Landmark Trust Group are to merge, representing a significant step forward in expanding the geographical span of Abacus and Landmark with offices encompassing in the Isle of Man, Malta, Monaco, Geneva, London and an associate office in Hong Kong.
Chris Talavera, Abacus' chairman, said: “This is a really positive and major step forward for both Abacus and Landmark which will benefit our clients due to the increased range and depth of service the new combined group will be able to offer. It will also create increased career opportunities for our people.
"Both Abacus and Landmark share similar values and have always valued their independence. It is unusual in today’s environment to be able to increase your offering and reach through merger, whilst still retaining your professional independence as our new combined group will be able to.”
Each firm will continue to operate from its current location without any changes in its local staff and management. A rebrand of the new merged business will complete in due course.
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