Skybound Wealth Management can now provide advice across all 50 US states after its investment adviser application registration was approved by the Securities and Exchange Commission (SEC).
It follows a 12-month period which saw the expansion of existing offices in Miami and the opening of a west coast office in Henderson, Nevada.
Skybound now has a physical presence in Abu Dhabi, Dubai, Geneva and London; with plans to open in New York and Dallas in the next 18 months.
Revving up recruitment
Chief executive Lyon Botha said: “Investor protection and peace of mind are central to everything we do as a company. And following four years of continuous growth, becoming registered in our right was a natural step to take.
“As we continue with our mission to be the adviser of choice for international investors, we feel it’s important to facilitate a strong working synergy between operations and compliance and bringing them under the same roof allows us to do just that.”
He added: “we have a number of advisers waiting in the wings to move over to the US once visa applications reopen, and we are keen to hear from advisers already in or looking to move to the US that are SEC registered.”
The firm’s parent company, Skybound Capital, is licensed in the UK, Australia, Hong Kong, South Africa and Mauririus.
