“Achieving an AUA of over RM1 billion in just three and a half years not only marks a milestone for iGM Malaysia, but also indicates that there are tremendous opportunities in the Malaysia wealth management space which are yet to be fully captured,” says Dennis Tan, managing director of iFast Malaysia.
“We believe having the right business model such as a well-balanced revenue sharing arrangement and good alignment of interest between clients and advisers, combined with our comprehensive suite of wealth management products and services, as well as innovative Fintech solutions, are the key factors that will continue to drive iGM’s growth,” he adds.
See: Despite sixth quarter of record AUA, iFast's Hong Kong pension project splits analysts
iGM Malaysia now has a team of over 80 in-house wealth advisers including professionals with banking and investment experiences who serve more than 6,000 investor accounts across Malaysia.
See also: Airwallex seeks UK and US banking licences: FT
iGM Malaysia looks to further expand its wealth advisory network and reach through growing its pool of wealth advisory talents and setting up more satellite offices across the nation.
