Mandaris

What Mandaris does

Mandaris is a privately held Swiss fiduciary and consultancy firm, founded in 1933 in Zurich and now headquartered in Basel, that provides integrated legal, tax, fiduciary, accounting, trust, company administration, and structured finance services to corporate clients and high-net-worth private clients. Following a management buyout in May 2010, the firm (formerly Experta) was repositioned as a full-fledged international consultancy under the Mandaris brand and has since expanded into Malta (2013), where it operates licensed entities under the Malta Financial Services Authority (Mandaris Trustees (Malta) Limited and MCD Malta Services Limited) and the Coprolin securitisation platform for asset-backed structuring through Securitisation Cell Companies.

The firm delivers services through four core lines — Legal and Tax Advice, Fiduciary and Accounting Services, Trusts and Companies, and Structured Finance — across offices in Basel, Zurich, and Zug (Switzerland), and Valletta Waterfront (Malta). Service delivery is specialist-led, drawing on credentials such as TEP designations, MLaw degrees, LL.M. in International Banking and Finance Law, and Swiss tax expert diplomas; the firm also offers Security Trustee services representing noteholder interests in Malta-based issuances.

Mandaris generates revenue exclusively through professional services fees tied to bespoke advisory, administration, and trustee mandates, and does not publicly disclose pricing. Distribution is direct: specialists engage clients in person from each office, supported by referral-based acquisition, regulatory newsletter publications (covering AMLA, FADP, and tax legislation), and industry-association visibility via membership in the Swiss Association of Trust Companies (SATC). Customer segments are split between Corporate Clients (compliance, structuring, administration) and Private Clients (trusts, estate planning, family office), with stated multi-generational retention providing a stable recurring revenue base.

Name

Mandaris

Legal name

Mandaris AG

Website

https://mandaris.com

Company type

Private

Founded year

1933

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Trust and Fiduciary Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920), Portfolio Management and Investment Advice (523940)

SIC

Services-Legal Services (8111), Investment Advice (6282)

akta.pro primary industry

Onshore Private Banking (Domestic HNW/UHNW) (FSAAABAA)

akta.pro secondary industries

Private Banking Custody, Depository & Safekeeping Services (FSABADAI), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

Keywords

• Trust and fiduciary services
• Tax advisory services
• Corporate administration
• Structured finance securitisation
• Wealth and estate planning

Headquarters

HQ city

Basel

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Revenue model

1. Professional Services Fees: Mandaris generates revenue through fees for specialized advisory and administrative services including legal and tax advice, fiduciary and accounting services, trust and company administration, and structured finance solutions. The firm serves corporate and private clients requiring ongoing compliance, structuring, and advisory engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Mandaris is a Swiss trust and consultancy firm that provides legal and tax advice, fiduciary and accounting services, trust and company administration, and structured finance solutions (including securitisation via its Malta-based Coprolin platform). It serves both corporate and private clients with ongoing compliance, structuring, and advisory engagements delivered directly by specialists across its Basel, Zurich, Zug, and Malta offices.

Product overview

Mandaris is a trust and consultancy company offering professional services rather than a software product. The company operates four core service divisions: Legal and Tax Advice, Fiduciary and Accounting Services, Trusts and Companies, and Structured Finance. These services are delivered through its Swiss offices (Basel, Zurich, Zug) and Malta operations. The company also operates the Coprolin platform for securitisation services in Malta and provides Security Trustee services. Services are customized to client needs and include compliance with Swiss and international regulatory frameworks.

Differentiator

Problem solved

Functional benefit

Products and services

• Legal and Tax Advice

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Swiss Association of Trust Companies (SATC)minorOthersMandaris is a member of the Swiss Association of Trust Companies (SATC), an industry association representing trust and fiduciary companies in Switzerland. The membership provides industry networking and representation but is not a commercial partnership.
• Malta Financial Services Authority (MFSA)coreOthersMandaris Group entities are subject to regulatory supervision by the Malta Financial Services Authority (MFSA). Mandaris Trustees (Malta) Limited is authorized under the Trusts and Trustees Act, and MCD Malta Services Limited is authorized as a Company Service Provider under the Company Service Providers Act.
• CoprolincoreOthersCoprolin is an affiliated securitisation platform through which Mandaris structures asset securitisation transactions. Mandaris was among the first to utilize the Maltese legal framework for securitisation through this platform, making various asset classes accessible, marketable, and bankable.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Maples Group: Maples Group is a global fiduciary, fund administration, and legal services firm with significant European operations. It provides corporate, trust, and fund services comparable to Mandaris, but at a much larger scale and with a broader, multi-jurisdiction legal-integrated platform.
• Vistra: Vistra is a global corporate services, fiduciary, and fund administration group with extensive Swiss and Maltese operations. It is a broader incumbent offering company formation, accounting, tax, and trust services similar to Mandaris but as part of a much larger international platform.
• TMF Group: TMF Group is a large global provider of compliance, accounting, tax, HR, and fund administration services, including fiduciary and corporate services in Switzerland and Malta. It competes with Mandaris across trust, corporate, and accounting lines but at significantly larger scale and broader geographic footprint.

Direct peers

• Trident Trust: Trident Trust is a global provider of independent fiduciary, trust, corporate, and fund administration services with strong Swiss and Maltese presence. It is closely comparable to Mandaris in service mix (trusts, companies, accounting, tax) and target HNW/owner-managed client base.
• Hawksford: Hawksford is a specialist provider of corporate, trust, and fiduciary services with operations in Switzerland (Zug and Geneva) and other key international centres. It is highly comparable to Mandaris in private client structuring, company administration, and tax advisory services.
• JTC Group: JTC Group is a publicly listed provider of fund, corporate, and private client services with offices in Switzerland and Malta. It directly competes with Mandaris in private client trust administration, corporate services, and structured finance, with a similar mid-size boutique-style model scaled across markets.
• IQ-EQ: IQ-EQ is a global investor services group providing fiduciary, corporate administration, fund administration, and AID/AIFM services. Its Swiss and Maltese operations overlap directly with Mandaris's trust, corporate, and accounting offerings for HNW clients and asset managers.
• Suntera Global: Suntera Global is a BVI-founded provider of fund administration, corporate, and trust services with offices in Switzerland and Malta. It directly competes with Mandaris in cross-border fiduciary, corporate administration, and accounting services for HNW and institutional clients.

Regional players

• Oak Group: Oak Group is a Malta-headquartered provider of fiduciary, corporate, accounting, and tax services. It is comparable to Mandaris's Malta operations (MCD Malta Services, Mandaris Trustees Malta) in trust, corporate services, and accounting, but is focused primarily on the Maltese market.
• Abacus Trust Company: Abacus Trust Company is a Swiss and Liechtenstein-based fiduciary offering trust, corporate, and accounting services to private and corporate clients. It is comparable to Mandaris's Swiss fiduciary practice, with a similar boutique HNW focus but a different geographic balance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mandaris