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FRAUD NOTICE:

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Group.

This type of fraud tends to occur through online services including bogus websites, social media accounts, or through unsolicited emails or text messages. The aim of the fraud is to trick you into believing you are communicating with a Blacktower representative in order to enter into a business relationship with the goal of obtaining your personal information or money. Blacktower’s name, logo, and other Company information is used without permission to try to convey authenticity.

Fraudulent websites with no association to Blacktower:

blacktowerfm.cfd.com

blacktowerfm.live

blacktowerfm.online

If you believe you are the victim of any fraudulent activity, we advise you to contact local law enforcement or financial regulator.

If you have any concerns, or receive suspicious communications that reference Blacktower, please submit an enquiry, through our contact us page : https://www.blacktowerus.com/contact-us/

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Investment advice and investment advisory services offered and provided through Blacktower Financial Management US, LLC. This communication is for informational purposes only based on our understanding of current legislation and practices which are subject to change and are not intended to constitute, and should not be construed as, investment advice, tax advice, tax recommendations, investment recommendations or investment research. You should seek advice from a professional before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

NEWS WRAP – Third Federal Reserve Interest Rate Cut of 2019 – The Outlook for Retirement Savers.

The Federal Reserve has made its third interest rate cut of 2019, leaving the Federal Funds rate at between 1.5% and 1.75%. What, if anything, might this mean for your wealth and retirement plans.

Federal Reserve Chair Jerome Powell told FOX4 that the move is designed “to help keep the U.S. economy strong in the face of global developments, and to provide some insurance against on-going risks”.*

Read More

The Fuss About FATCA and Financial Data Sharing

We recently reported on why it is likely that the Foreign Account Tax Compliance Act (FATCA) is likely to remain in place in the US in favour of the Common Reporting Standard, but pressure is mounting in a number of foreign jurisdictions for governments to act.

In France, a group of so-called ‘accidental Americans’, who are being asked by the IRS to pay tax on global income based on their citizenship alone, have already lobbied US Democrats and have now taken a discrimination lawsuit to the French court because they have been denied access to loans and banking services as a result of FATCA.

Read More

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