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 firstname.lastname@example.org.