Following recent changes to Switzerland’s investment advisory regulations, Geneva based Blackden Financial has been authorised for independent portfolio management by the Swiss Financial Market Supervisory Authority (FINMA).
This licence approval, formally confirmed by FINMA in September, places Blackden at the forefront of Switzerland’s expatriate investment advice market.
As a partner company of The Spectrum IFA Group, which also operates locally as a FINMA licensed insurance intermediary, Blackden has further strengthened the advisory capabilities of both firms.
Blackden’s CEO Christopher Marriott (pictured) said: “By securing this status, we have demonstrated our unwavering commitment to operating with transparency, integrity, and responsibility in the financial sector. This achievement marks a pivotal moment in our journey, reflecting our efforts to ensure the highest levels of accountability and trust for our clients and stakeholders.
“Our commitment to regulatory excellence sets a strong example for others in the industry and, after 20 years advising expatriates in Switzerland, solidifies Blackden’s position as a market leader. We look forward to seeing the continued success and growth that this achievement will bring.”
Spectrum’s CEO Christopher Tagg said: “ This licence approval, a significant accomplishment for Chris Marriott, Blackden Financial and the wider Spectrum group, comes after many months of diligent preparation, hard work, and adherence to the highest standards of regulatory compliance. It also represents an extension of Blackden’s existing disciplined advice process and commitment to long term client service. ”
Within the EU, The Spectrum IFA Group, with operations in six other Countries, are both Mifid and IDD licensed.
