The international adviser group was also named Company of the Year at the Algarve Business Awards in  recognition of its 24-year commitment to providing personalised wealth management services in Portugal.

Westwood’s (pictured) journey in the Algarve began with a profound appreciation for the region’s vibrant community and stunning landscapes.

Recognising Portugal as an ideal location to extend Blacktower’s wealth management services, Westwood personally spearheaded the expansion 24 years ago, laying the foundation for the company’s success in the region.

Reflecting on the awards, John Westwood shared, “Receiving these awards is an incredible honour, both professionally and personally. The Algarve is more than just a region for us—it’s a place that I hold dear. To be acknowledged by this community, which has become
like a second home to me, is humbling. I am incredibly proud of our team’s dedication to this beautiful area, and I look forward to continuing our commitment to providing exceptional financial guidance to its residents.”

Since its establishment in Portugal, Blacktower said it has been at the forefront of wealth management, offering a comprehensive suite of services tailored to expatriates and locals alike. From retirement planning to international investments and tax efficiency strategies, Blacktower’s personalised approach ensures clients receive advice that reflects their unique needs and long-term goals.

With Portugal—and the Algarve in particular—now recognised globally as an ideal destination for high-net-worth individuals, Blacktower is well-positioned to support clients drawn to the region’s exceptional quality of life.

Portugal’s warm climate, picturesque landscapes, and vibrant culture make it a haven for those seeking a relaxed yet enriching lifestyle. In addition to its lifestyle appeal, Portugal offers a favourable tax environment, high standards of safety, and a welcoming community, making it one of Europe’s most attractive options for expatriates and retirees alike.

Blacktower further said its deep roots and expertise in the Portuguese market uniquely position it to help clients fully realise the benefits of living in this
remarkable region.

Since its establishment in Portugal, Blacktower has been a partner for expatriates and locals alike, offering a comprehensive suite of services, from retirement planning and wealth management to tax efficiency and investment advice.

As the Algarve’s reputation as a premier destination for expatriates has grown, Blacktower has remained at the forefront, adapting its services to meet the evolving needs of a diverse international clientele.

Manuela Robinson, country manager, said: “Portugal has been and continues to be an important region for Blacktower. With more people recognising the Algarve’s incredible lifestyle, it’s essential that they have the financial guidance and support to make the most of their time here. Being awarded Company of the Year is an affirmation of our team’s commitment to providing reliable, personalised advice to those who have chosen to make Portugal their home.”

As part of its strategic goals, the international financial services group said it was enhancing its operational framework in Spain through Blacktower Insurance Agents & Advisors, by focusing its resources on two pivotal regional offices in Costa del Sol and Costa Blanca.

Additionally, Christina Brady and Tim Govaerts have been appointed as co-country managers for Spain, whose “proven leadership and dedication are expected to drive significant growth and elevate the company’s service delivery in the region”.

John Westwood, group chairman of Blacktower Financial Management said: “Through these strategic enhancements, we are not only reaffirming our commitment to the Spanish market but also positioning ourselves to better meet the evolving needs of our clients.

“Our streamlined structure and strengthened leadership team will enable us to deliver superior value and service, as we continue to expand our footprint and capabilities.”

Blacktower further said it was is confident that this reinvigorated approach will enhance the effectiveness of its operations and customer service in Spain, supporting its mission to deliver unmatched service excellence and innovative financial solutions globally.

Since its founding in 1986, Blacktower Financial Management has grown from a single office into a comprehensive network operating across multiple countries, providing customised wealth management, retirement planning, and specialised financial services to a diverse global clientele.