News & Insights

Blacktower financial management Cayman welcomes new Head of Private Wealth and Chief Compliance Officer

International investment and financial planning firm Blacktower Financial Management’s Cayman entity has announced the appointment of Jim McLean as Head of Private Wealth and Chris Shaw as Chief Compliance Officer.

Cayman, September 2022

Blacktower Financial Management Cayman, provider of financial services and independent wealth management advice, has announced the addition of two new accomplished industry leaders to their team, continuing the entity’s expansion of their services, footprint, and licensing. Both will be working alongside Group Executive Director, Ally Kerr, who oversees the operations of Blacktower Cayman.

The first appointment is of Jim McLean as Head of Private Wealth, working in partnership with the existing team, Jim will provide expertise for clients with complex personal financial and business requirements. Commencing his career in financial services in 1974, McLean has worked within some of the leading and most reputable financial establishments across the globe, such as Barclays, AXA, Coutts, and Fidelity Cayman. His area of expertise lies in retail banking and lending, with much complementary experience in sales and marketing.

The second addition sees Chris Shaw appointed as Chief Compliance Officer. Shaw will be guiding the entity and its advisers on regulatory conduct, ensuring that Blacktower Cayman continues to uphold its conformity to the relevant regulations and processes that protect both financial advice firms and their clients. Before joining Blacktower, Shaw also spent time at Fidelity Cayman as their Group Head of Compliance, with additional experience at the FCA and MRLO/MLCO within a compliance capacity.

Group Managing Director, Gavin Pluck, comments that ‘we are fortunate to already have an extremely experienced and competent compliance team here at Blacktower, something which is intrinsic in upholding the standard of service we pride ourselves on; it gives our advisers confidence in their roles and in turn provides security for our clients. Having Chris join one of the fastest-growing divisions of the group will help to ensure that we continue our strict compliance to all necessary regulations upon which our heritage and prestige has been built’.

Group Chairman, John Westwood, comments that the addition of Jim McLean will ‘help to cement the direction of our Cayman entity, putting emphasis on growth and development in an area where demand is high. Jim’s appointment will allow us to personalise our services to our clients further, making our offering truly bespoke and enabling the provision of effective solutions to individuals who might be experiencing significant stress or uncertainty when it comes to securing their financial future.’

This team expansion follows the entity’s recent acquisition of a full Broker Dealer license, as granted by CIMA.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

FAQ: How will Brexit affect my pension and should I look at alternatives?

EU and UK FlagsAt the moment, no one can say with complete certainty what will happen in the near future regarding Brexit and pensions.

However, one thing is clear: uncertainty about the future should not be a pretext to doing nothing about your UK pension; it is not automatically the right idea to think to yourself “Will Brexit affect my pension? I’ll just leave it where it is and wait to see”.

Read More

Life Assurance – an Investment Tool for the Expat in Portugal

Life assurance is an important, although sometimes overlooked, wealth management tool for the expat retirement investor living in Portugal.

There are many potential advantages to life assurance products in Portugal, not least the fact that financial assents under contract do not attract capital gains or income taxes provided that no surrender occurs.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information:

You are currently viewing the Blacktower Financial Management EU website.

You may be looking for the Blacktower United States website.

Blacktower United States > X Stay on this site

Or choose your country.