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  • January 11, 2023
  • Investment


Photo Caption: (L-R): Allan Shine, CFP® newly appointed Head of Business Development at RF, shakes hands with Michael Anderson, RF Group Chief Executive Officer.


RF Bank & Trust (Cayman) Limited (RF), as part of its commitment to Caribbean regional growth, recently announced the acquisition of local broker firm TSC Financial Services. The acquisition is a key step  in RF’s goal of building a financial advisory service in Cayman to provide a complete range of financial planning and investment services to Cayman residents.

“As a leading wealth manager in the region, RF services clients wealth management needs across the Caribbean”, noted RF Group CEO, Michael Anderson. “Our expansion to the Cayman Islands two years ago enables RF to offer a range of premier investment services to Cayman residents and this acquisition is a natural extension of these services.”

This new broker arm of the RF Group, which will be rebranded under RF Advisors, will have a team of experienced and qualified financial advisors offering complete financial planning solutions for every aspect of clients’ wealth journey, including insurance. While the majority of these advisory and management services are already available, the insurance products and services will be available once the appropriate licenses have been received.

Heading the Cayman-based RF Advisory team is the founder of TSC Financial Services, Allan Shine, CFP®. Mr. Shine is a seasoned financial planning and investment expert and Certified Financial Planner®. In his new role as RF’s Head of Business Development and Financial Planning, Mr. Shine will lead a team of advisors responsible for servicing the wealth management needs of local market.

 “We are happy to join the RF family where we can create superior client experiences,” Mr. Shine said. “This is achieved by taking into account our clients’ complete financial picture. Through RF, not only will clients be able to access a range of investment solutions but they can also take advantage of holistic financial planning and wealth management services where we can customize those solutions to their specific goals, timelines and lifestyles.”

 To learn more, visit




About RF

Since its inception in 1997, RF has been committed to helping our clients create and manage wealth. We are your regional private bank connecting clients in The Bahamas, Barbados and the Cayman Islands with the best in local and international investments. Collectively, we have helped clients raise in excess of USD $2.2 Billion in capital and we have $2 Billion+ assets under administration. Offering a wide range of investment products and services, our financial solutions are designed to help individuals and corporate clients meet and achieve their investment goals. These include Mutual Funds, Investment Management, Investment Banking, Group & Personal Pension Plans, Personal Retirement Accounts, Stock Brokerage, Trust & Estate Planning, and Educational Investment Accounts.

For more information, please visit and follow us on Facebook @rfbanktrust



Rachael Allahar

Group Head of Marketing

RF Bank & Trust


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