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.
According to John Westwood, group chairman of Blacktower Financial Management, the merger will create a global business with the reach, strength and technical capability to deliver high standards of cross-border financial advice.
The combined entity will be known as Titan Wealth International.
Author's summary: Titan Wealth buys Blacktower Group.