Titan Wealth Acquires Blacktower Group
Titan Wealth Holdings has acquired the Blacktower Group for an undisclosed sum, adding £2.2bn in assets under management to the Titan Wealth Management Group.
“Titan Wealth’s acquisition of the Blacktower Group represents a defining moment for international wealth management. 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
The deal will merge Blacktower into Titan Wealth International, creating a combined entity that provides a broad licensing footprint, enhanced discretionary and investment management services, and expanded client support infrastructure.
Author's summary: Titan Wealth buys Blacktower Group.