Blacktower Financial Management Group has been providing advice and wealth management services to high-net worth individuals in Portugal and Spain for 15 years.
Founded in 1985 in the UK, they have gradually expanded their international operation, with offices in Portugal, Spain and Gibraltar.
They are licensed to operate across Europe and also look after clients in France, Italy and the Middle East.
Managing Director John Westwood said that the group has plans to open additional offices, beginning with Nice and followed by Rome and the Middle East during 2010 and 2011.
Tony Millan of Lombard Odier Private Bank in Gibraltar believes their success stems from them “being extremely knowledgeable about areas that are becoming increasingly important, such as taxation advice from multiple locations. The consultants explain things to people in plain English and when times are bad, as they have been lately, they do not run away and hide.”
John Westwood added: “We had a massive bull market in property prices and people followed that up, and now they are following it down. This has left a huge gap for a lot of the more elderly and less wealthy in the expatriate community. We are looking to get these clients, who cannot afford to take any more losses, into safe cash havens, capital protected products and anything that can really hold a value and hopefully gain some margin.”
For more information, please telephone 289 355 685 or email [email protected]. Alternatively, visit the website, available in English, at www.blacktowerfm.com.