Blacktower Financial Management Group has announced its intention to move ahead in establishing a full DIFC presence.

In a statement this afternoon (10 May), the international adviser group said: "We are in our final stages of obtaining regulatory approval, and the financial advisers are eager to begin a new chapter in Dubai, with this latest addition to the Group." 

Chairman John Westwood said: "As part of the Group's continuing growth plans, this is a market we've been monitoring closely for some time, and we know there is real opportunity and great potential for the group in Dubai.

"Our goal is to establish a Blacktower presence in Dubai as soon as possible, and we are working towards achieving the highest levels of regulatory approval. We're excited to get operations up and running to meet the growing need for our global expertise in this new landscape." 

Blacktower now has operations across Europe, as well as in the US, the UK, and the Caribbean.