KENDRIS Group Strengthens Its Luxembourg Presence with New Services Expansion

KENDRIS Group Expands Services in Luxembourg

The KENDRIS Group, a prominent Swiss-based firm specializing in advisory and fiduciary services, is taking a significant step forward by enhancing its service portfolio in Luxembourg. This strategic move comes after the firm successfully obtained the required license from the Ordre des Experts-Comptables (OEC), which allows KENDRIS to expand its local offerings, particularly in areas such as domiciliation, accountancy, and taxation.

Founded in Switzerland, KENDRIS has already established a solid presence in Luxembourg via its subsidiary, KENDRIS Luxembourg Sàrl, since 2024. With a team of over 200 seasoned professionals across various international financial hubs, the firm is well-equipped to provide a range of integrated services tailored to meet the needs of local and international clients.

With the new OEC license, KENDRIS Luxembourg is set to elevate its contribution to the financial landscape of the region. This development showcases the group’s ambition to deepen its local footprint while offering clients the necessary expertise for navigating financial regulations and compliance effectively.

In conjunction with the licensing, KENDRIS Luxembourg is also boosting its team by assimilating an experienced group well-versed in the intricacies of Luxembourg’s financial environment. The firm is actively recruiting additional talent to ensure that they can continue providing top-notch services and cater to an expanding client base who require reliable and comprehensive financial advice and management.

Murad Ikhtiar, an Advisor contributing to the Luxembourg team’s development, expressed his enthusiasm for the project, stating, "I am thrilled to leverage my knowledge of the local market to support KENDRIS in further solidifying its presence in Luxembourg. Our combined local expertise gives us a competitive edge that will be beneficial to our clients."

Adrian Escher, Partner and Chairman of the KENDRIS Group, emphasized the importance of this expansion, declaring, "The launch of our enhanced Luxembourg platform signifies a pivotal moment for KENDRIS. Our unwavering dedication to offering personalized solutions to our clients is clearer than ever. By merging local proficiency with our global network, we are uniquely positioned to provide seamless support to high-net-worth individuals, family offices, and institutional clients."

KENDRIS Group's growth strategy revolves around creating tailored services that encompass a wide array of needs. In the segment catering to private clients, for example, KENDRIS International Ltd. focuses on affluent families, offering solutions that streamline financial management, reporting, and regulatory compliance. Likewise, KENDRIS Switzerland Ltd. is committed to delivering comprehensive services for corporate clients ranging from start-ups to established businesses, handling everything from accounting to complex bookkeeping.

In addition, KENDRIS Capital Limited provides institutional clients such as banks, insurance firms, and asset managers with specialized services related to alternative investment funds across jurisdictions including Luxembourg, Cyprus, and Malta. The firm prides itself on its management structure, being solely owned by its employees and management, which fosters a culture of accountability and client focus.

As KENDRIS continues its journey of expansion and excellence in supported regions, its commitment remains clear – to assist clients through tailored approaches that bridge local know-how and international acumen. The recent developments in Luxembourg signify just the beginning of what KENDRIS aims to achieve within the realm of fiduciary services worldwide. With additional offices located in Zurich, Aarau, Geneva, as well as international presences in key locations such as London, Dubai, Singapore, and the USA, the group is on track to delivering robust financial solutions.

For more information on KENDRIS and its offerings, visit www.kendris.com.