×

USA FINANCE NEWS

Thursday August 22 2019

Blacktower Group absorbs £280m and PWS Group




 Blacktower Group absorbs £280m and PWS Group

Blacktower Financial Management International today announces the official agreement to transition the assets and personnel of international financial manager, PWS Group, under the Blacktower Group.

The acquisition strengthens Blacktower’s vertically integrated growth plans, and bolsters its position as a leading driver in providing bespoke wealth management solutions to its global client base.

John Westwood, Group Managing Director of Blacktower commented:
"This is a significant transaction, involving the transfer of £280m of client funds moving over to our advisory platform. We are pleased to welcome both Craig McConnon and Afzaal Abass, along with their PWS colleagues, into the Blacktower Group. We greatly look forward to working with them and further expanding Blacktower's worldwide presence.”

Craig McConnon, PWS Chief Executive Officer stated:

‘The merger between our respective organisations made complete sense at Group level, but more so for our valued clients, both existing and future. International clients rightfully demand high standards of advice and positive outcomes in their financial planning arrangements. The Blacktower Group provides a market leading proposition that enables our Advisers to deliver a highly regulated and multi-jurisdictional offering.’

He continued:

 ‘We are delighted to be joining John Westwood and his experienced team, and look forward to building on their already unrivalled success, spanning over 30 years in the international market place.’

The sizeable arrangement is viewed by Blacktower Group as the first of many agreements under consideration, with further announcements to be expected in the coming months.



"This is a significant transaction, involving the transfer of 280m of client funds moving over to our advisory platform"
John Westwood, Group Managing Director, Blacktower








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.







Entirely Finance Jobs


RECOMMENDED FOR YOU ON ENTIRELY






Detecting the symptoms of various illnesses


Our health can be negatively affected by so many different illnesses and conditions. Luckily, many illnesses have symptoms which, if caught early enough, can help manage or even prevent the condition from causing too much longterm damage to our health. Join











Sports for all ages & longevity


There are so many sports available to you which can be enjoyed. Some of them you can even be one of the best no matter your age, as awardwinning stairlift supplier Stairlifts Akron has detailed in this handy guide























Jobs to consider when in retirement


There is certainly a lot of elderly people living across the USA today, especially if the population estimates from the new U.S. Census Bureau is anything to go by. According to their figures, the number of residents aged 65 and over throughout the nation increased from 35 million in 2000 to 49











How to Get Into Ketosis Fast


Getting into ketosis is a process that can take weeks of dieting or days of fasting. It requires dedication and strict adherence to the keto lifestyle. However, there are a few techniques that can get you into a state of ketosis faster















Discover the latest Industry News & Opinions on Entirely














We build powerful Financial Models for critical business decision makers.