Warning For a better experience on CFAL,  update your browser.
CFAL info@cfal.com +1 (242) 502-7010 Website related description
The Bahamas P.O.Box CB-12407 Nassau New Providence The Bahamas The Bahamas

News & Resources

Latest News


Colina Financial Advisors Ltd. (CFAL) donated $25,000 to five local charities and organizations today to commemorate 25 years as a leading Bahamian investment management and pension administration firm. Each beneficiary organization, which included the R.E.A.C.H. Bahamas Foundation, Bahamas Children’s Emergency Hostel, Bahamas Harvest Church Angel Foundation, Bahamas Feeding Network, and the Bahamas Youth Climate Conference, will receive $5,000 toward its community commitments. The distribution of these financial gifts is one in a year-long series of events celebrating the 25th corporate anniversary of the company under the theme “Celebrating our Past, Embracing our Future.” Anthony Ferguson, President of CFAL, recalled the origins of the firm, which he started along with co-founding principals, Kenwood Kerr, and Larry Gibson. “When we started twenty-five years ago, the investment world was fairly new. Most people were catering to the international offshore community. We saw an opportunity to provide the same investment advice that was being shared with the international clients with the local market. At that time, insurance companies were dominating the investment scene, but doing so very poorly and at an extremely high price.” “We wanted to help people prepare for their futures without being dependent on their families, the government, and NIB,” he continued. “We wanted to provide good investment services and timely reports at a reasonable price. We also wanted CFAL to be a research-driven shop – one of the overriding themes that governs how we work and how we invest our clients’ assets, which continues to this day.” In 1997, Ferguson, Kerr, and Gibson launched CFAL with a team of five employees. Today, CFAL has a staff of forty team members, manages over $2 billion in assets, and is firmly established as the local leader in institutional and personal investment and pension administration services. Its service portfolio also includes corporate advisory, stock brokerage, savings and investing solutions, mutual funds, and private wealth services. Regarding the growth of the investment sector since the inception of the firm, Ferguson notes that, “The investment landscape in The Bahamas is certainly much broader now. We’ve seen the investment class increase with investment vehicles like Arawak Port development (with over 12,000 investors) and other companies going public, so we’ve seen the capital markets deepen. I think there’s a lot of work to be done but we’re on the right path. With the regulation and implementation of enhanced pension and savings plan legislation, it will grow even more.” Pamela Ferguson, VP of Investments, explained why making these significant donations were important to the CFAL team on this occasion. “The financial world is built on trust and at CFAL, we take extraordinary pride in maintaining the highest standards of integrity and transparency while helping our fellow Bahamians. We’ve been extremely fortunate to have been able to do this for twenty-five years. We’ve had clients who took a chance on us at the very beginning and are still with us. We have a lot to be grateful for, and we believe in sharing our blessings.” CFAL has donated over $1 million to local charities and organizations to date. Mrs. Ferguson added that “We believe that the business community should support social progress, and the organizations that we’ve selected for these donations are among so many that are helping our society to move forward – through fostering innovative ideas, providing education, and providing much needed support services. We look forward to continuing to grow as an integral part of the investment and business communities while ensuring that the benefits of our work are passed on to our clients, shareholders, and others we can serve for generations to come.”   Photo: Lester Ferguson (second from left), Executive Director of the Bahamas Feeding Network, and Philip Smith, BFN Board Member, collect a $5,000 donation cheque from Pamela Ferguson, VP of Investments and Sophia Thurston, VP of Pension Administration and Operations at CFAL. CFAL donated five cheques valued at $5,000 each to local charities today in celebration of its twenty-fifth corporate anniversary.   ***

CFAL Promotes Savings Culture Through Third Annual Holiday Savings Challenge

Tired of struggling to find the money for holiday shopping? Don’t want to use a credit card with high interest rates to cover unforeseen end-of-year expenses? Savvy savers should sign up for the 2022 CFAL Holiday Savings Challenge to get control of their finances and make next Christmas much less stressful! “We received over 300 applications for the Holiday Savings Challenge last year – double the number of applicants who applied in 2020,” said Dionne Comery, Pension Manager. “From what we have observed, the financial difficulties that many people experienced due to the COVID-19 pandemic has greatly increased their interest in gaining control of their finances. We encourage people to sign up for this challenge because it can help them to reduce their stress and set them on a path for saving and investing toward greater wealth. There’s no time like the present to save and take advantage of compound interest.” Through the challenge, participants make weekly contributions of $25.00 or monthly contributions of $100 - $125 based on the Challenge contribution schedule. After making deposits throughout the year, participants will receive $1,200 with interest on December 9, 2022. “There is another great reason to sign up for the challenge,” said Claudia Thompson, Client Relationship Officer and Pension Administrator. “If you consistently deposit the amounts scheduled for each month, you will be automatically entered into a drawing for our $1,000 “Christmas bonus” giveaway! That’s a chance to win an extra $1,000 on top of the amount that you’ve saved all year.” Pamela Ferguson, Vice President of Investments, spoke about the positive response that CFAL has received from the public and about its growth. “We’ve hosted the Holiday Savings Challenge for three consecutive years, and it is rewarding to see more and more Bahamians participate in it each year. Financial education is important to us, so we love to see Bahamians exchanging information about the challenge and other ways to save and invest along with our team on our Facebook and Instagram accounts. Every December, those who sign up tell us how grateful they are that they participated. This exercise is another great reminder that financial success comes when you plan ahead.” Sign up for the challenge and learn more about saving, investing, retirement planning, and other ways to grow your wealth with CFAL at cfal.com.  


30 June, 2022

CFAL Global Economic & Market Review Q2 2022

During the second quarter, the global economy remained challenged by record high inflation and global supply chain issues which were exacerbated by the continuing conflict between Russia and Ukraine. As well, COVID-19 lingered and resulted in lockdow...
31 December, 2021

CFAL Global Economic & Market Review Q4 2021

The global economic recovery continued throughout the fourth quarter albeit at a relatively muted pace as numerous challenges pointed to a slowdown in growth during the final three months of the year. In many cases, the rapid rebound in economic acti...
30 June, 2021

CFAL Local Economic Review Q2 2021

These are no doubt unprecedented and uncertain times for the Bahamian economy and the citizenry. During these times it is critically important that the Government of the Bahamas improve the economic outlook by providing the necessary social support f...

About CFAL

CFAL is a leading provider of pension administration, retirement planning, corporate advisory, investment management, saving, and wealth management solutions. Since 1997, we have helped corporations, governments, institutions, and individuals worldwide to secure their financial futures through innovation, expertise, and integrity. Learn more about our client-centric approach at www.cfal.com.

For media inquiries, contact us at info@cfal.com.