Woodbrook Group, with offices across Europe & Dubai, will be using Universal Access Bonds® (UAB®) to support their American/US connected clients living outside the U.S..
Financial planning and investing for Americans has become harder in recent years with the IRS and FATCA causing Americans to be unwelcome at many financial institutions. It’s caused difficulty opening bank accounts, closed US brokerage accounts, complicated tax codes, confused financial advisers; and offered few quality investment options.
UABs® wrap the underlying funds and allow expats, including Americans & U.S. connected persons, easy and compliant access to the benefits of investing in a diversified portfolio through underlying funds. UABs® are being launched with underlying funds managed by Union Bancaire Privée (UBP), one of Switzerland’s leading private banks specialized in the field of wealth and asset management.
Woodbrook Group CEO Michael Doherty said: “Universal Access Bonds are a game changer for American expats living across the globe. They are a remarkably simple solution for expats and US connected persons who are looking to invest in a diversified portfolio managed by top-tier investment managers.” Mr Doherty added: “Woodbrook operates under the highest level international regulatory framework, which means we are look after clients of all nationalities all over the world.”
Commenting on the launch, Robert Rigby-Hall, CEO Universal Access Bonds® said: "I am delighted that Woodbrook, with their global reach and regulatory strength, is using UAB as their product for U.S. expats, and others, who have been in need of an investment solution for many years. Woodbrook is perfectly positioned to meet their needs with a strong culture of quality advice, client focus, and service delivery."
Universal Access Bonds® – www.UniversalAccessBonds.com
Universal Access Bonds® (UABs®), are designed to provide expats, including Americans living outside of the U.S., with the ability to cost effectively, efficiently and compliantly expand the investment options for their overseas domiciled assets. UABs® provides individual investors with exposure to UCITS and/or Alternative Investment Funds, something that has not been possible before.
About Woodbrook Group - www.woodbrookgroup.com
Woodbrook Group is an international firm of financial advisors. Woodbrook is headquartered in Cyprus and has offices across Europe and in Dubai. The group is regulated by the Cyprus Securities and Exchange Commissioner (CySEC). It holds a MiFID II investment license passported through the EEA along with IMD insurance mediation licenses through ICCS and IHK.
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