The international private client and wealth management company, First Names Group, has expanded its services from its Isle of Man office with the recent establishment of a dedicated yacht and aviation services team.
The new team initially comprises a four-strong unit, led by Grant Atchison, who have previously worked in similar roles with Equiom Group and Moore Stephens Yachting on the island.
In a First Names statement, it was said that forming the team “marked the addition of two new specialisms for the business and signify the group's continued drive towards diversifying our alternative assets credentials with areas of in-depth expertise.”
The new team is led by Atchison as an associate director. The team specialises exclusively in superyacht and aircraft asset ownership, operational administration and management. Having previously formed the majority of the Moore Stephens yachting and aviation team, they have now come to First Names Group from Equiom.
First Names says: “Under Grant’s leadership the team will continue to grow, with further hires due within the coming months.”
Craig Brown, managing director of the First Names Isle of Man office, commented: “It is with great pleasure that I welcome Grant, Chris, Sue and Sean to the business. Collectively they possess significant, focused expertise and over 50 years’ worth of experience in the aviation and yachting sectors – creating a centre of excellence within the organisation, not just in the Isle of Man but for our international group as a whole.
“The team has an exciting and busy year lined up ahead of them,” he added “with numerous industry events in plan and I look forward to seeing the progress they make as the ‘First Names’ in yachting and aviation services.”
In terms of yacht ownership structures, First Names provides bespoke corporate structuring solutions to suit individual circumstances, utilising a range of jurisdictions (including the Isle of Man, Cyprus, Malta, Ireland, BVI and Cayman Islands) to protect the yacht owner’s assets and ensure operational and tax efficiencies.