Maitland acquires Talaria and launches family office
October 17, 2018

Maitland, the global advisory and administration firm, has announced the formation of Maitland Family Office, a multi-family office to service high net worth families, individuals and entrepreneurs in South Africa. It says the new entity will be one of the largest full-service independent multi-family offices in South Africa.

Maitland says it has combined its existing advisory, fiduciary and investment teams in South Africa under the Maitland Family Office banner. To gain further scale and strengthen its offering, it has also acquired 100 per cent of Johannesburg-based Talaria for an undisclosed sum. Talaria is a fiduciary business owned by tax, accounting and fiduciary specialist Cheryl Howard. Talaria will be fully integrated into the newly rebranded Maitland Family Office. 

Maitland Family Office will be led by an executive committee comprising Cheryl Howard, Herman Troskie, Rupert Worsdale, Paula Bagraim, Hanna Marais and James Newell. Howard will lead the fiduciary team, Worsdale the legal team, and Newell the investment team. Maitland was founded in Luxembourg 42 years ago and counts some of the world's wealthiest families among its clients.

Herman Troskie, MD of Private Clients at Maitland, said that the wealthy are rapidly becoming "global citizens" and require a truly international service, delivered seamlessly across borders.

Troskie said: "The geopolitical environment in South Africa, coupled with the macro-economy, is forcing many families to get serious about the way they manage their wealth and preserve a legacy for future generations. We are also noting an increased need for philanthropy services with more and more South Africans wanting to give back to society."





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Maitland, the global advisory and administration firm, has announced the formation of Maitland Family Office, a multi-family office to service high net worth families, individuals and entrepreneurs in South Africa. It says the new entity will be one of the largest full-service independent multi-family offices in South Africa.

Maitland says it has combined its existing advisory, fiduciary and investment teams in South Africa under the Maitland Family Office banner. To gain further scale and strengthen its offering, it has also acquired 100 per cent of Johannesburg-based Talaria for an undisclosed sum. Talaria is a fiduciary business owned by tax, accounting and fiduciary specialist Cheryl Howard. Talaria will be fully integrated into the newly rebranded Maitland Family Office. 

Maitland Family Office will be led by an executive committee comprising Cheryl Howard, Herman Troskie, Rupert Worsdale, Paula Bagraim, Hanna Marais and James Newell. Howard will lead the fiduciary team, Worsdale the legal team, and Newell the investment team. Maitland was founded in Luxembourg 42 years ago and counts some of the world's wealthiest families among its clients.

Herman Troskie, MD of Private Clients at Maitland, said that the wealthy are rapidly becoming "global citizens" and require a truly international service, delivered seamlessly across borders.

Troskie said: "The geopolitical environment in South Africa, coupled with the macro-economy, is forcing many families to get serious about the way they manage their wealth and preserve a legacy for future generations. We are also noting an increased need for philanthropy services with more and more South Africans wanting to give back to society."



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