Cyprus-headquartered Chase Buchanan Wealth Management has unveiled an office in Tenerife.
The operation will complement the existing offering in Spain, as the firm bids to ensure expats in the EU have “region-specific advice and support”.
The Canary Islands service in Tenerife is headed up by private wealth manager Adele Thomas.
Thomas joined the firm in July 2022 after several years at Blevins Franks, where she was a private client manager.
She said: ‘I am delighted to now be working with Chase Buchanan, opening a private wealth management service for those living locally in Tenerife and the Canary Islands. Many of the larger outfits have now left the area, supporting their existing clients from mainland Spain, but we know that local advice and a personal service is as important as ever.”
From the Tenerife office, Thomas and the Chase Buchanan Wealth Management team are available to work with expats looking to restructure assets, establish an estate management plan, review their investment portfolio or make plans for retirement and other major life events.
It will offer a range of advice services to expatriates from any country of origin now resident in Lanzarote, Gran Canaria, Fuerteventura, La Palma, Tenerife and the smaller islands within the archipelago.
Lee Eldridge, Chase Buchanan WM chief executive, added: ‘The Canary Islands represents a further step for Chase Buchanan to provide local knowledge across the globe. Trusted advice made simple isn’t just a motto, but more of a mantra, and one we intend to deliver to new locations with local demand. We are delighted to welcome Adele onboard, her passion, experience and local understanding is a great combination for the Islands.”
Chase Buchanan Wealth Management has offices across Europe and North America.