Wednesday, 19th December 2018
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Financial News

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Meyado Private Wealth Management Singapore Agrees to Takeover International Financial Services Singapore Clientele

Meyado Private Wealth Management Singapore (Meyado) has struck a deal with Singapore-based International Financial Services (IFS) to take over IFS’ Singapore client book and continues its acquisition roll-up strategy.

Mark Paine, CEO of Meyado said, “This agreement is a win-win; IFS clients will become part of a growing, dynamic organization and will receive top-notch service for years to come, and IFS will be able to exit the Singapore market in an orderly fashion, with a seamless transition of clients. This carries on our acquisition strategy post the purchase of the Portfolio Builders client book in 2016.  We’re excited to become the largest independent Financial Advisor in SE Asia and work together with our clients to ensure everyone’s prosperity.”

“Meyado and IFS share a similar ethos and client servicing mantra,” said IFS CEO Chris Ivinson.  “We think Meyado is the best advisor in Singapore to provide our clients with the level of service they’ve come to expect.”

For the sake of clarity, Meyado has agreed to purchase only the client book of IFS and will continue to trade and service the clients under the name ‘Meyado Private Wealth Management Singapore’.

For further comment, please contact Mark Paine, CEO of Meyado at markpaine@meyado.com.sg.

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Meyado’s Night at the Races

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Meyado’s inaugural Night At The Races.

And what a night it was. For guests and advisers, an unqualified success. The view from the corporate box on level 3 of the main grandstand was spectacular, uninterrupted views of the track and finishing line, the quality of fare exceeded expectations and all credit to the staff at The Singapore Turf Club for their attention to detail and willingness to leave no glass empty.

Our sponsors on the night, Michael Gill from Rudolf Wolff and Gideon Ng from Aviva, saw their funds being put to good use and were able to speak to our clients directly to find out what their concerns and requirements are.

Our racing pundit Craig Geehman* introduced Stephen Gray, one of the trainers at Kranji, who informed and amused with anecdotes and facts about the racing. Stephen had a couple of runners during the evening and hopefully it was not our presence that conspired against him.

Thanks to them, the group had access to the parade ring, where we could see how our informed knowledge would perform, first hand.

Number of legs; check, blind as a bat; check, jockey less than 40 kgs (about the weight of my right leg), check. All boxes ticked; choose the one with the nice coloured silks.

Having a small flutter adds to the excitement of seeing a ton of horse flesh in full flow, the shouting jockeys, thunder (and even 100ms away, it is thunder) of hooves and cracking of whips. It sets the pulse racing and then you realise that the infallible system of choosing the one in blue, may not be as perfect as initially anticipated.

Back to box, another ale and repeat.

Everyone had a winner, some more and all certainly close enough to the promise of untold riches to come again.

*Craig has a business of syndicating horses for racing, to be trained by Stephen Gray. If you have any interest in finding our more on how to own a racehorse (or a small piece for most of us), please contact Craig on craiggee@outlook.sg.

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Meyado Sponsor Pimp My Tuk Tuk Charity

Meyado’s John Fairs a Senior Adviser in our Singapore office has recently completed an incredible journey with the Charity Pimp My Tuk Tuk, here’s Johns story:

“I am pleased to have just returned from a truly life changing experience. Meyado kindly donated dry bags to the riders and film crew for our journey .

In brief myself and 53 other expat professionals from around the globe  have just returned from a self funded, third charity tuk tuk ride . On this occasion around the island of Sri Lanka . The ride was organized by my friends and associates the Pimp My Tuk Tuk (PMTT) team in Singapore in partnership with the Foundation of Goodness Sri Lanka.

Our goal is to empower local communities along our 1200km journey conducting humanitarian and community development projects.

These have included  building Reverse Osmosis water purification plants, providing solar panels, gifting to  special needs schools, orphanages and the Foundation of Goodness centre of excellence.

The photo is of myself and Nick Sutcliffe Managing Director of the Conference Board Asia, as well as being the founder and inspiration for PMTT back in 2013 on the completion of our journey in Colombo. This is our third charity ride . There is also a great 5 minute video on you tube and face book along with a multitude of other photos that can be viewed here:

https://www.facebook.com/PimpMyTukTuk/videos/1375231892603276/

me and nick