Following on from the recent announcement of Jigsaw Wealth Management’s merger with Globaleye, Jigsaw’s CEO Paul Jeffreys has confirmed the merger has been completed in just 6 weeks, a feat he attributes to Globaleye’s high-tech IT infrastructure.
Jigsaw, the largest HNW expat focused business in Singapore, merged with Globaleye prior to Christmas to enhance its future as the leading HNW client advisory proposition. Globaleye has traditionally focused on the wider market, but has always targeted HNW clients and this merger ensures a swifter introduction to this market segment.
The entire team, other than Jeffreys, are now situated at the Globaleye’s new offices in Singapore.
Jeffreys commented “Globaleye have a highly sophisticated IT infrastructure to rival the largest Wealth Management companies which has allowed for a seamless transfer of clients from one business to another as requested by the Monetary Authority of Singapore (MAS). At no point were our Clients left without a licensed representative to communicate with at either entity.”
He added “Once the final client has been transferred, the Jigsaw license will be surrendered which is anticipated before the end of March 2014”.
Globaleye’s CEO Tim Searle went on to say, “Fortunately with a business like Jigsaw where few but wealthy clients are being transferred, we were able to merge them quickly into Globaleye’s systems and framework. Our back office teams have worked tirelessly on this project to ensure we continue to offer high service standards to our Clients at all times.”