The new office will operate as part of JTC Group Americas, headed up by managing director of the North American region, Emilio Miguel. It will also serve as a hub for JTC’s network of intermediaries in the US and gateway to the Latin American market, the firm said.

Earlier this year the company appointed Paul Mower as director of the New York office. Prior to joining JTC, Mower was a director and head of wealth planning at Deutsche Bank in the Americas.

Nydia Deyne, who previously worked at Citi Bank, has also joined the New York office.

“Many Latin American and international clients have close ties with the city and it provides an outstanding platform from which to offer our suite of private client, corporate, fund and real estate services,” said Mower.

JTC Group is a multi-jurisdictional, independent provider of corporate, fund, private client and real estate services, with $39.5 billion of assets under administration.