Chase Buchanan's Sector-Leading Wealth Management Teams Celebrate Latest Expansion Benchmarks With Further Appointments

Chase Buchanan Private Wealth Management, an international group of specialist wealth managers, financial advisers, and tax experts, has extended its capacity owing to steep increases in demand for cross-border tax advisory services and private wealth planning assistance.

The company, which has long been regarded as a leader in the wealth management sector, has offices across Europe and North America, supported by a UK Administration Centre. It cites major tax reforms, economic uncertainty, and greater awareness of the value of independent taxation advice as the reasons behind upticks in demand for its services.

The Global Economic and Tax Landscape and Its Impacts on Expatriates

Over recent months, there have been numerous domestic and international events that have affected the financial planning of expatriates living in diverse locations around the world, many of whom recognise that the ramifications in terms of tax exposure, living costs, and income stability may be significant.

Examples include the effects of sustained high interest rates and inflation in many economies, volatile real estate markets, and sharp fluctuations in stock markets, which can impact investment portfolios, savings, retirement planning, and the decisions expatriates make around structuring, retaining, and transferring their assets.

Another more recent and direct catalyst that has prompted large numbers of expats to search for regulated, reliable, and personalised advice is the sweeping array of tax reforms introduced by both the British and US governments, including measures that have specific impacts on foreign nationals resident in the UK and expatriates living as tax residents overseas.

Lee Eldridge, Group CEO and Head of Investment Advisory, says, 'Our role for many years has been to provide dedicated, professional, and current advisory support to an array of clients and ensure they have informed, confident decisions about the right tax strategies, investments, and succession plans based on their personal circumstances, aspirations, and wealth.

In a world where tax efficiency is paramount to maximising the security of funds and protecting wealth for future generations, it is little surprise that changes to the non-dom tax regime, reforms to inheritance taxation, and the abolishment of exemptions on certain cross border pension transfers have meant our advisers have received substantial numbers of new client enquiries that we have needed to expand our capacity to be able to accommodate.'

Trends in the Cross-Border Tax Consulting Markets

The global tax consultancy market was valued at $6.5 billion last year and is forecast to hit $11.2 billion within the next eight years, demonstrating the scale and pace of growth, with a compound annual growth rate of 7.5% between now and 2033.

This has been driven by numerous factors, including increasing regulation necessitating more dedicated tax compliance support, globalisation contributing to consistent increases in cross-border transactions, and the emergence of more multinational companies, all of which rely on specialist tax advice to manage their liabilities.

Coupled with expatriate population growth, which has increased 83% over the last 30 years, more and more individuals and families are taking advantage of low-tax environments, quality overseas education, and employment or remote working opportunities - and looking for support to manage their financial affairs.

Chase Buchanan Private Wealth Management's Investments in Specialist Advisory Services

The firm now has representatives working in multiple countries, including Belgium, Canada, Portugal, Spain, Cyprus, France, Malta, and the USA, and it has concentrated on appointing new team members and support staff to reinforce its scope to accept new clients or provide additional assistance to ongoing clients in need of customised advice.

Eldridge adds, 'We recognised the importance of underpinning our financial and tax advisory teams to accommodate the ever-increasing demand for higher-quality cross-border tax advice and used this opportunity to welcome specialists in specific tax regimes, categories and jurisdictions to join the Chase Buchanan teams around the world.

We now provide advisory support across a range of specialisms, including expatriate taxation, commercial law, global investment management, pension transfers, wealth taxation, and inheritance planning, bringing together a collective of talent that ensures every client can access the knowledge and expertise they need in one place.

Following this expansion initiative, Chase Buchanan now comprises two experienced Business Development Managers, three accomplished Tax Advisers and Consultants, 20 talented Private Wealth Managers and Regional Managers, and our multi-talented operations and administration teams.

Led by myself and Darren Fletcher, our Head of Global Sales, we have recruited high-calibre professionals with diverse experience working in varied areas of financial advice. We blend our respective expertise to ensure our services are comprehensive in every location.'

Read more about Chase Buchanan - Chase Buchanan Wealth Management Achieves Status as the Only Global Expat-Focused CII International Professional Partner

About Chase Buchanan Private Wealth Management

Chase Buchanan is a highly regulated wealth management company that specialises in providing global finance solutions for those with a global lifestyle. We are global financial advisers, supporting expatriates around the world from our regulated European headquarters, and local offices across Belgium, Canada, Canary Islands, Cyprus, France, Malta, Portugal, Spain, UK and the USA.

All investments carry risk, including the potential loss of capital. You should carefully consider whether investing is suitable for you, taking into account your personal circumstances, financial situation, and risk tolerance.

Chase Buchanan Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission with CIF Licence 287/15.

Media Contact:

Chase Buchanan Ltd+357 2501 0455

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