London (PRWEB UK) 20 July 2012
Global financial services firm AES International has been restructured as a UK-headquartered PLC. AES International Global PLC becomes the parent company of a group of integrated financial services companies primarily serving international professionals with cross-border financial needs.
CEO Sam Instone explains the move: ‘The new structure further reflects the strength and dependability we offer our clients and advisers. Our clients in particular appreciate working with an adviser who is backed by a stable company with clear and transparent structures and processes. This is yet another step in our evolution towards positive change and our efforts to drive an industry into a profession.’
‘The new structure has received very positive responses from clients, advisers and our product and service providers alike. It’s part of our long-term growth plans and a clear signal to all that we’re committed to building adviser careers and client relationships for the future.’
CFO Pippa Miller added: ’AES recently won the SundayTimes/Virgin Fast Track accolade as the fastest growing financial services business over the last few years. This success has been based upon a clear mission and the very great efforts of all associated with the organization which now seeks to embark on its next stage of growth.’
The group now consists of several companies broadly split into financial advisory, wealth management, custody and insurance services.
About AES International:
AES International operates in several jurisdictions around the world, providing financial planning, wealth management and managed banking services to expatriates living and working in Europe and the Middle East.
Headquartered in London, AES International has become a recognised brand for dynamic wealth managers, offering three distinct propositions for employed advisers, advisers wishing to join a network and appointed representatives. AES is the only international financial services firm to hold such a broad range of local investment and insurance licenses throughout Europe and the Middle East via legitimate branch establishments.
AES International Global PLC consists of the following companies:
AES Financial Services Ltd, which is authorised and regulated by the UK Financial Services Authority (FRN 464494). AES Financial Services Ltd is authorised to provide both investment and insurance advice in all EEA member states via the provisions contained within the Insurance Mediation Directive (IMD) and the Market in Financial Instruments Directive (MiFID); AES Investment Services Ltd; AES International SA, a member of ARIF, a self regulatory body recognised by FINMA and the Swiss Federal State; and AES Middle East Insurance Broker LLC – licensed by the Ministry of Economy, United Arab Emirates.