IslandFirst Private Bank

IslandFirst Private Bank is a boutique private banking firm based in Portsmouth, Dominica, specializing in personalized wealth management and financial services for affluent individuals, families, and corporate clients. Founded in 2020, the bank focuses on providing bespoke financial solutions that cater to the unique needs of high-net-worth clients, offering a combination of local expertise and international financial services. IslandFirst Private Bank is committed to helping clients preserve, manage, and grow their wealth through strategic investments, financial planning, and discreet banking services.

Founded by Richard Samuel, an experienced banker with a background in wealth management and offshore banking, IslandFirst Private Bank employs a team of 30 private bankers, portfolio managers, and tax advisors. The bank offers a full range of services, including investment management, offshore accounts, tax advisory, and luxury financing for high-value assets such as real estate, yachts, and private jets. The bank is known for its client-centric approach, delivering customized financial solutions that are aligned with clients’ long-term goals.

IslandFirst Private Bank is particularly recognized for its Luxury Asset Management Services, which help clients finance and manage high-value assets with tailored lending and investment strategies. The bank also offers Offshore Wealth Solutions, providing tax-efficient banking and investment options for international clients seeking to leverage Dominica’s favorable financial regulations.

The company’s core values are exclusivity, confidentiality, and innovation. IslandFirst Private Bank is dedicated to building long-term relationships with its clients by offering exclusive, personalized services that ensure financial success and security. In 2023, the bank reported assets under management (AUM) of approximately $400 million, reflecting its growing influence in Dominica’s private banking market.

Looking forward, IslandFirst Private Bank plans to expand its offshore banking services, targeting international clients from North America and Europe. The bank is also investing in technology to enhance its digital banking platform, providing clients with secure, online access to their portfolios and financial plans. Additionally, the firm is exploring sustainable investment options, particularly in green technology and eco-friendly projects, to meet the rising demand for socially responsible investment opportunities