Maitland, the advisory and administration provider, has acquired Gowling WLG, a Monaco based legal advisory firm.
The business will be rebranded Maitland Advisory (Monaco), and the deal means Maitland can provide international legal services from its Monaco office.
Heading the legal services offering will be Peter Walford. A solicitor of the Senior Courts of England and Wales, he has been operating in Monaco for some time.
Commenting on the reason for the deal, Herman Troskie, MD of Private Clients at Maitland, said: "The wealthy are rapidly becoming 'global citizens' and require a truly international service, delivered seamlessly across borders. Maitland is one of the few that can offer a seamless multi-disciplinary service through a worldwide network. We are delighted to strengthen our network with this acquisition, which is an ideal bolt-on to our multi-family office offering. We look forward to continuing to bolster and enlarge our private client platform, while retaining our focus on client service excellence."