The move comes after the firm has been making a number of acquisitions recently.
Titan
Wealth Holdings, a discretionary fund management/wealth
and asset management business, has agreed to terms
for acquiring the Blacktower Group of Companies, an
established name in international financial advice.
After completion and subject to regulatory approval, the business
will be merged into Titan Wealth International, creating a
combined entity of significant global scale and capability.
This acquisition marks a transformative moment for the
international advisory sector by redefining the global landscape
for cross-border wealth management and setting a new benchmark
for standards, scale, and service.
The enlarged group will offer a broad licensing footprint,
enhanced discretionary and investment management services, and
expanded client support infrastructure. It will
bring together the strength of Titan’s institutional
expertise with Blacktower’s four decades of international
advisory experience.
“This significantly increases our ability to support and advise
our clients across multiple jurisdictions due to Blacktower’s
regulatory coverage, and adds £2.2 billion ($3 billion) in assets
under management to the Titan Wealth International group,” Dan
Dickinson, chief executive officer of Titan Wealth International,
said. “Furthermore, this agreement aligns with our vision to
deliver seamless, regulated financial advice across key global
markets and provides the scale, licensing and infrastructure to
deliver that ambition.”
“This announcement will create a global business with the reach,
strength and technical capability to deliver the highest possible
standards of cross-border financial advice. Together, we are
setting a new benchmark for the industry,” John Westwood, group
chairman of Blacktower Financial Management, added.
“This agreement reflects a shared vision one focused on
innovation, client outcomes and sustainable international
growth,” Gavin Pluck, group managing director of Blacktower
Financial Management, continued. “By aligning the strengths of
both organisations, we are poised to transform the way
cross-border financial advice is delivered, ensuring long-term
value for clients and stakeholders alike.”
The firm has been making
a number of acquisitions, most recently with the
purchase – subject to regulatory approval – of Independent Wealth
Planners, a provider of financial planning solutions across the
UK.
Titan Wealth was formed in 2020 to deliver industry solutions and
outcomes to both retail and institutional clients. It offers a
vertically integrated set of wealth management solutions spanning
financial planning, investment management, platform, and custody.
Headquartered in London, Titan Wealth serves clients domestically
as well as overseas through its operations in the Channel Islands
and the UAE.
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