Global advice firm opens Canary Islands office
Former Blevins Franks private client manager will run the operation in Tenerife
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Former Blevins Franks private client manager will run the operation in Tenerife
It is expected to collect around €1.5bn across 2023 and 2024
International popstar previously refused to settle charges over alleged €14.5m fraud
‘Shrewd move’ will encourage more HNWs to flock to territory
Cost-of-living crisis has made over-50s more likely to spend their later years abroad
Prosecutor has asked for an eight-year prison sentence
‘We’re not your typical British wealth manager’
Ex-SJP and Blevins Franks wealth manager will run the operation
He will pay back the money he owes as well as a €1.8m fine
It will be available to customers with a net worth between €1m-€4m
Victim was trying to recoup £4m he had invested in a wealth management scam
Its European headquarters will be led by a former UBS executive director