Business Daily Media

Men's Weekly

.

Melbourne Capital Group Broadens Malaysian Wealth Management Offering with Strategic Acquisition of Licensed Local Company

  • Written by PR Newswire

KUALA LUMPUR, Malaysia, Aug. 29, 2024 /PRNewswire/ -- Melbourne Capital Group (MCG), a leading Private Wealth management firm in the Asia Pacific Region is acquiring a company providing corporate and personal wealth management solutions based in Kuala Lumpur, Malaysia. The acquisition of the company, formerly known as Blueprint Planning, and its Capital Markets Service Licence [CMSL], will see Melbourne Capital Group broaden its wealth management offering to Malaysian clients, enabling the Company to provide financial planning services to Malaysians[1], and advise on Malaysian Unit Trusts, Malaysian Private Retirement Schemes, and other Malaysian investments.

The deal sees all employees and clients transfer to Melbourne Capital Group, with operations moving to their offices in UOA Corporate Tower, Bangsar South, Kuala Lumpur. Meanwhile, Raju K. Ramasamy, founder of Blueprint Planning, joins Melbourne Capital Group as an incoming Partner.

Reuben van Djik, Director at Melbourne Capital Group, commented: "We are delighted to share this news of our strategic acquisition of a Malaysian CMSL, with a distinguished firm renowned for its deep understanding of the Malaysian market joining our group. This represents a significant milestone in our continued commitment to delivering exceptional wealth management solutions tailored to the unique needs of our clients. With the integration of their team and expertise, we are poised to enhance and broaden our service offering, particularly within Malaysia. The synergies between our international wealth management experience and local insights will allow us to offer a more comprehensive and nuanced approach to wealth preservation and growth."

Raju K. Ramasamy, incoming Partner at Melbourne Capital Group, commented: "Our clients will benefit from the ability to invest in Ringgit directly through investment platforms, resulting in significant savings on fees and currency exchange costs. For the past two decades, we have been dedicated to helping Malaysians grow and safeguard their wealth. Now, as we join forces with Melbourne Capital Group, renowned for its distinguished client offering and international wealth management expertise, we are excited to continue delivering the exceptional service our clients have trusted for years."

Melbourne Capital Group Broadens Malaysian Wealth Management Offering with Strategic Acquisition of Licensed Local Company From L-R: Raju K. Ramasamy (incoming Partner), Reuben Van Dijk (Director), Maria Omar (Compliance Director) of Melbourne Capital Group Ltd

Photos are available on request.

About Melbourne Capital Group

Melbourne Capital Group is an award-winning, independent financial services company providing bespoke personal and corporate wealth management solutions. We listen to your individual circumstances and financial goals. By doing so, we can offer personalised wealth management strategies to help you achieve them. For more information visit www.melbournecapitalgroup.com[2]  

References

  1. ^ financial planning services to Malaysians (www.melbournecapitalgroup.com)
  2. ^ www.melbournecapitalgroup.com (www.melbournecapitalgroup.com)

Read more https://www.prnasia.com/story/archive/4493220_AE93220_0

Carma appoints Owen Wilson as Chair of the Board

Carma’s next phase of growth to be guided by REA Group’s outgoing CEO who oversaw realestate.com.au rise to be Australia's #1 place for property ...

Digital Upgrade to Boost Efficiency Across Tasmanian Ports

TasPorts is undertaking a multimillion-dollar digital transformation that will improve efficiency, and enable smarter, more sustainable operations a...

Simplifying ecommerce integrations: How to streamline your setup without the stress

In today’s fast-moving retail world, having an ecommerce presence isn’t optional. Platforms like Shopify, WooCommerce, and Squarespace have lowered...

Shop Small Returns to Back the Small Businesses Supporting Local Communities

The annual Shop Small movement by American Express is returning for its 13th year in Australia to galvanise support for the country’s vibrant smal...

Introducing Commerce, the New Parent Brand of BigCommerce, Feedonomics and Makeswift, Powering an AI-Driven Future

Commerce’s open, intelligent ecosystem connects the tools and systems that drive growth and empower businesses to unlock data potential and deliver ...

How better billing can boost performance and profits in uncertain times

Optimising your revenue management function will help you put your business on stronger footing. The fact that economic conditions are tricky i...

Sell by LayBy