2015 12 Nov: Blevins Franks Sponsored Lunch
In the absence of the Chairman, David Wright hosted the monthly lunch at the Hotel Baia, Cascais for an eclectic mixture of members of the Royal British Club. The guest of honour this month was Matthew Krystman, who is a partner in the Blevins Franks Group, International Tax & Wealth Management Consultants.
Matthew, in his address to the Club, decided not to present products or to talk about specific tax issues, but focused on two very important aspects of his life which lead him to join Blevins Franks. He explained that, having left University with a Science degree, he was drawn to work in finance and tax management in London. However, this took him back to the academic desk, as he was required to gain specific qualifications in these areas. Primarily, these additional qualifications were to give him the ability to meet the increasing regulations being introduced in the Financial Management and Tax world in the UK. After gaining experience in London, he set up his own company, was drawn to travel in Europe and beyond. He decided to sell his company and travelled to South America to broaden his international knowledge and eventually he came to Lisbon in 2003. He quickly realised that the levels of legislation and control of aspects of financial management were woefully lacking, but that the government of the day was increasingly imposing disciplines that were common in all other major financial markets. Thus he threw himself back into the area he understood best. Matthew went on to explain that in the 12 years since he had been in Portugal the introduction of legislative controls had been continuous and relentless. This had worked to the benefit of all as the customer received a more informed and reliable service, the unregulated financial advisers were put out of business and Matthew’s skill and experience were now in demand. Following a brief series of questions David Wright thanked Matthew for a very informative talk.
Our thanks also go to the Hotel Baia for providing a very pleasant lunch.