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The Bahamas P.O.Box CB-12407 Nassau New Providence The Bahamas The Bahamas

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CFAL Wins International Best Investment and Advisory Firm Award

The leading investment management firm in The Bahamas has done it again. Colina Financial Advisors Ltd. (CFAL) has received the 2020 Acquisition International (AI) Global Excellence Award for Best Investment and Advisory Firm Award (Caribbean). This is the second time that CFAL has received this prestigious award, which it also won in 2018. “This incredible achievement would not have been possible without the steadfast commitment of our team,” said Anthony Ferguson, President of CFAL. “Our staff worked diligently through the many transitions and adjustments that we had to make last year due to the COVID-19 pandemic. This flexibility and dedication to putting the needs of our clients first enabled us to provide them with the highest level of personalized service. We thank our team and our clients for their unwavering trust and support.” In a statement announcing the 2020 award winners, AI International noted that Our Global Excellence Awards are an annual programme which has been…launched to recognise and reward the firms and individuals whose sustained outstanding performance has seen them leading the way in their industry. Honouring these top performers is done through a rigorous and in-depth selection process from our in-house awards specialists. The team left no stone unturned to ensure that every one of our chosen firms was selected based on proven performance over the past 12 months, guaranteeing that all award recipients were chosen purely on merit and can take pride in the knowledge that they truly deserve their place among this year’s esteemed winners.” In December issue of Acquisition International Magazine, which is distributed to readers in 170 countries every month, CFAL was highlighted for bringing innovation and service excellence into the investment management industry. As the largest pension provider in The Bahamas, the company has invested heavily in proprietary technology that enables its team to address the needs of its clients quickly, building significant customer loyalty since the firm was first established in 1997. “The pandemic has done a lot of damage to our economy and our way of life, but in some ways, it has strengthened us,” Ferguson continued. “It has forced many businesses to modernize their business models, enhance their services, and anticipate the needs of clients to sustain the business. These may be challenging times, but they also present an opportunity for us to improve. At CFAL, we have embraced that opportunity wholeheartedly and that commitment is paying off.”   CFAL is entrusted with the management and administration of more than $1.9 billion in assets and advises individual and institutional clients both domestically and internationally on a range of services, including pension management, brokerage, and investment management accounts. CFAL Securities Ltd., a subsidiary of CFAL, provides domestic and international brokerage, market making, and other corporate advisory services. Photo Caption: (L to R) A winning team: Sophia Thurston, VP of Pension Administration and Operations; Anthony Ferguson, President; and Pamela Musgrove-Ferguson, VP of Investments, led the CFAL team to win the 2020 Acquisition International (AI) Global Excellence Award for Best Investment and Advisory Firm Award (Caribbean). CFAL also won this coveted award in 2018.

SAVE with the CFAL Holiday Savings Challenge 2021

Start saving for Christmas 2021 NOW with the CFAL Holiday Savings Challenge! Sign up from December 15, 2020 - January 15, 2021 and you could win $1,000 in next year's "Christmas bonus" drawing.   Review the Challenge details below, then complete the application form found on this page. Ready, set, SAVE!   HOLIDAY SAVINGS CHALLENGE FAQs   Q: Can I give more than the monthly contribution?    A: No. The challenge requires weekly contributions of $25.00, or monthly contributions of $100.00 for a 4-week month or $125.00 for a 5-week month period (see flyer for schedule). If you are interested in an option other than the challenge, a CFAL representative can discuss other investment options available to you such as the CFAL Savings Express Program or the CFAL Family of Funds.    Q: Do you accept cash?    A: Cash contributions are not allowed. Contributions can be paid via on-line transfer.    Q: What documents do I need to participate in the Holiday Savings Challenge?    A: Passport, NIB card, Driver's License and a current Proof of Address (recent utility bill or voters card).    A: When is the deadline to submit the application form? The program begins December 15, 2020, and the absolute deadline to submit the application form is January 15, 2021. All initial payments must be made by January 15, 2021 and thereafter on Fridays.    Q: What happens if I miss a month’s contribution?    A: If you miss one or more payments, you will only receive credit for the money that you have contributed to the program. You will not be eligible to enter the $1,000.00 Christmas bonus drawing on December 13, 2021.    Q: What happens if I decide I no longer wish to participate in the Holiday Savings Challenge?    A: If you no longer wish to participate in the Holiday Savings Challenge, the funds deposited will remain in the program until December 10, 2021. On this date, you will receive only the money that you have contributed, plus the interest earned.    Q: How often am I required to make contributions?    A: Contributions are made monthly ($100/$125) on the first Friday of each month or weekly ($25) every Friday.    Q: Is there an option for the savings to rollover into the next year rather than receiving the December 10, 2021 payout?    A: There is no rollover option. All funds will be paid out on December 10, 2021.    Q: Who do I contact if I have questions?    A: Please contact Claudia Thompson, Christina Sands, Sasha Bain, or Richard Pinder at 502-7010 or via email at savingschallenge@cfal.com.


17 November, 2020

CFAL Local Economic Review Q3 2020

The year 2020 will be one for the history books. Just when the Bahamas was beginning to come to grips with Hurricane Dorian, which ravaged Grand Bahama and Abaco, its second and third major islands in terms of economic output, the country was confron...
17 November, 2020

CFAL Global Economic & Market Review Q3 2020

In the third quarter, the global economy rebounded, but the pace of growth remained far below pre-pandemic levels. Early in the quarter, newly released second quarter GDP data confirmed that the global economy contracted at an exceptional rate due to...
30 June, 2020

CFAL Global Economic & Market Review Q2 2020

The second quarter of 2020 was slightly less brutal than the first as the initial shock of the coronavirus pandemic abated. However, evidence of a global economic slowdown continued even as global risk markets rebounded due to investor confidence abo...

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.