Skybound Wealth Management has announced the opening of a new office in Nicosia, Cyprus.
Mike Coady, pictured above, chief executive officer of Skybound Wealth Management, said that the new offices in Cyprus was “a strategic decision” aimed at expanding the company’s footprint in Europe.
“This location allows us to better serve our European clients with localized expertise and comprehensive financial solutions,” Coady said. “We are excited about the opportunities this brings and remain committed to providing top-tier financial advisory services.”
The Cyprus offices is operational and holds regulatory approval from the Cyprus Securities and Exchange Commission (CYSEC), and the Insurance Companies Control Service (ICCS), the company said.
Skybound Wealth Europe Ltd and Skybound Insurance Brokers Ltd offices are led by seven directors. For Skybound Wealth Europe these are Christos Christou, Petros Hadjipetrou, Andreas Themistokleous, Andreas Savva and for Skybound Insurance Brokers these are Alexandros Apostolatos, Pavlos Kaimakliotis, and Andreas Charalambides. Additionally, Evie Kyprianou heads its compliance operations.
Peter Gollogly, regional director for Europe, Skybound Wealth Management, said: “With these new offices, Skybound Wealth Management strengthens its ability to provide comprehensive, regulated financial advice to clients across Europe to the benefit of our expat-based clients in the likes of Spain, Portugal, France and Belgium etc.
“Our expansion into Cyprus allows us to navigate the post-Brexit landscape more effectively, ensuring seamless service continuity for our international clients.”
