We interviewed Ms. Janet Nguyen – the founder of I.Investment Management Pte Ltd – to learn more about her experience with setting up a firm in Singapore:
Case Study - 01/01/2014
Company Name: I.Investment Management Pte Ltd
Client Since: 2009
Business Type: Private Limited Company
Hawksford's team provided the following services:
IIM is a boutique asset management company that provides a comprehensive suite of financial advice and services designed to meet the specific needs of high net worth individuals and families, professional investors and institutional investors. We have strategic partnerships with a range of global banks and a selective team of highly experienced bankers on hand to provide our clients with investment solutions and advice on their private banking, asset management, succession planning and corporate financing needs.
Having worked in the banking industry for over 20 years I saw where and how banking services could be improved and I wanted to do something about it. I got tired of working for large banking institutions driven by sales and pushing to increase profits for the banks and their shareholders rather than for their clients. I wanted to create a financial service company where the focus and core objective is preserving and growing our client’s wealth… a company that pledged its loyalty to the clients.
Setting up a financial services business in Singapore was the obvious choice for us as we believe Singapore is on its way to becoming the financial hub of not only Asia but possibly the globe. Singapore provides an efficient and transparent legal and judicial framework, a favorable regulatory and business environment with a high degree of banking confidentiality so it was the ideal place for our business. Furthermore, our current client base is spread around the region…Hong Kong, China, Indonesia and Australia… so Singapore is centrally located.
[Hawksford] was on hand right from the beginning to guide us through the maze of setting up a company in Singapore. They made it all possible and achievable right from the very beginning. From incorporating the company to assisting with MAS licensing issues, Employment Passes, setting up bank accounts, employee payroll, secretarial services and lodging our tax.
[Hawksford] has been fantastic. Right from the very first meeting they were so easy to talk to and extremely supportive. Everything they’ve done for us has been timely, efficient and professional but at the same time they are always friendly, caring and personable. Working with [Hawksford] is like having a silent supportive business partner and back office, which is why we are still working with them today. We cannot recommend them highly enough.
Things are very exciting for us right now with lots of opportunities to grow. We have a great team and we are working with some great clients developing and creating new and innovative investment solutions together. We plan to extend our services to European and Middle Eastern clients next year. We are extremely passionate about what we do and we believe we are changing the face of banking services.
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