Founded by Chris Emmott and Daniel Busman, EBG International offers a choice of fee-based, commission based, or blended remuneration structures.
Emmott said the choice of remuneration structures “enables us to offer flexibility to our clients along with the right tools to achieve their financial objectives in the most suitable manner”.
“This, allied to our regulatory status and compliance procedures backed by NXG, should mean we are well prepared for potential changes to the industry.”
Nexus Global IFA Network was established by Gibraltar-based Blacktower Financial Management International (BMFI) in 2010.
Nexus was originally set up to offer its experience and expertise to European advisers in the areas of business strategy and compliance, and provide a regulatory umbrella.
EBG International is NXG’s first venture into Latin America. The compliance structure of all work conducted in the region will passed through Blacktower`s branch on the Cayman Islands and is regulated by the Cayman Island Monetary Authority.
Additional support provided from BFMI’s compliance staff in Gibraltar.
John Westwood, Blacktower`s group managing director, said: “With the continuous changes to industry practice, regulation and legislation, we saw the opportunity to take advantage and provide likeminded advisers a foundation and backbone to their business – giving them the time to build on client relationships and allowing us to help protect them with business management and the provision of robust advice.”