Contact

News & Insights

BLACKTOWER FINANCIAL MANAGEMENT GAINS ACCESS TO PANAMA MARKET

International investment and financial planning firm, Blacktower Financial Management Group, announces the launch of its offering in Panama.

Gibraltar, 10th October 2022

Blacktower Financial Management Group, providers of individual and corporate financial planning, has today announced that they are now licensed to offer their bespoke services in Panama. This follows the recent acquisition of a full broker dealer licence for their Cayman entity and the group’s expansion into Swiss and Australian markets this time last year.

Blacktower asserts that their full range of services, including overseas pensions advice, tax planning and wealth management, will be available to both residents and expats, after acquiring the regulatory and licensing requirements needed to operate in this region.

Blacktower have also delineated the opportunity this presents for their IFA network, Nexus Global, which was established back in 2010. Group Managing Director, Gavin Pluck, states that ‘it can be incredibly challenging for advisers and smaller wealth management firms to gain access to smaller markets such as Panama; this expansion is not only significant in Blacktower’s development, but it also represents a pivotal moment in the evolution of our IFA network and offers a real opportunity to those operating under our regulatory umbrella’.

Chairman and founder of both Blacktower and Nexus, John Westwood,  adds that ‘Panama, whilst small, is a valuable addition to our regulatory footprint. It has proved itself to be one of the fastest growing economies in the last decade,doubling its income per capita. With our Cayman entity just across the Caribbean sea, it is incredibly encouraging to see Blacktower cementing its presence in this part of the world and illustrates our ongoing expansion outside of Europe in to regions such as LATAM.

Other News

Chinese Investment Could Hold Key to Future of Grand Cayman Wealth Management

Maneki NekoThe Cayman Islands has signalled its intention to invite greater Chinese investment opportunities following recent corporate events in Asia in which Cayman Finance CEO Jude Scott spoke about the potential for increasing collaboration.

While attending events in Shanghai, Beijing and Hong Kong, Scott, whose organisation is charged with protecting, promoting and developing the Cayman Islands’ financial services industry “through cooperation and engagement with domestic and international political leaders, regulators, organisations and media”, spoke of how The Cayman Islands could use their status in the wealth management industry to benefit Chinese investment.

Read More

Alternatives for Savers?

Blacktower Alternative SavingsYour cash is earning nothing in the bank, in fact it’s actually losing its worth in all probability because of the corrosive effect of inflation.  Even ostriches have to raise their heads at some point, if only to breathe.

Quite frankly it’s time for people to start taking control of their money instead of letting the banks bleed them.  In the days we are in now with increased life expectancy, a longer wait for retirement and the pension freedoms that there are around, there could not be a better time for savers to act and improve their lot.  So you go to see a financial adviser, what is he going to say?

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.