A leading Irish financial broker has expanded west, opening a new office on Merchants Road in Galway City. Derradda Financial Services, known for its client-focused approach and bespoke advice, is building on its established Dublin base to meet the rising demand for constructive financial planning in the region.

Strengthening its Galway presence, they welcome native Galwegian, Michael Kavanagh, former chairman of corporate law firm, LK Shields and currently a consultant with the Galway-headquartered corporate firm, Power Law. Michael joins the team as part of the firm’s strategic expansion into the Western region, while also continuing in his role with Power Law.

“Derradda Financial Services has established a strong presence in Dublin, delivering bespoke financial advice across the country. It has built a reputation for a practical approach in how it engages with clients. I look forward to working with this talented team to support clients across Dublin and the Western region,” Michael said

Established to provide transparent, bespoke retirement planning, the firm has earned a distinguished reputation in pensions, investments, succession planning, and wealth management – including strategies for passing wealth to younger generations – serving medium to high-net-worth individuals and businesses.

With its new Galway presence, the firm is offering clients a highly personalised service, from straightforward to complex portfolio management, supported by bespoke tailored reports benchmarked against market standards. As an impartial intermediary broker, it designs portfolios with carefully considered alternatives, optimising performance in line with each client’s financial aspirations and retirement goals.

Cathal McHugh, FCA, QFA, Managing Director, draws on extensive experience from his time as a Chartered Accountant specialising in tax before founding Derradda Financial Services LTD in 2017. He regularly applies his accounting and tax expertise in everyday conversations with clients on personal tax management, wealth planning, estate and succession planning, and corporate structuring. In addition, he often supports businesses as a mentor and advisor.

Speaking ahead of the launch, he said, “We are delighted to open our doors in Galway, a vibrant, cultured city with a strong sense of community and entrepreneurship. In recent months, we have been approached by various Galway individuals seeking pension advice. This move brings us closer to our clients, providing private tailored consultations with the utmost confidentiality.”

From September, Derradda Financial Services will be open to individuals and businesses seeking to review or enhance their financial strategies. For a no obligation consultation, with Cathal, Michael and the team, visit Derradda.ie or contact the office on 091 399256.

Pictured: Derradda Financial Services Galway: Leticia Bueno, Cathal McHugh, Sandra Neilan, Michael Kavanagh