DV Global tie-up targets expat market

International distribution company DV Global has partnered up with platform provider Novia Global and DFM TAM Asset Management as part of a formal launch of its panel of products and services aimed at expat-focused financial advisers.

DV Global tie-up targets expat market

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The Switzerland-headquartered business, with offices in Cyprus, the Isle of Man, Dubai and an Asia-based director, will use the panel to guide advisers through the transition from upfront commissions to a recurring income model, and to help avoid potential pitfalls around portfolio construction.

Mike Starvis, chief executive of DV Global, said the suite of products and services is designed to enable financial advisers to change their business models, which it supports through its back office and marketing teams spread across various time zones.

He and chief marketing/strategy officer Simon Bottle are UK-based and operate on a fly-in basis to key markets, while the other founder, chief operating officer James Young, works out of Thailand.

Torrent of change

Starvis said: “There is a torrent of regulatory and technological change bearing down on our industry in Europe, the UAE, Asia and beyond.

“DV Global had assembled a group of providers that in isolation add significant value to an adviser’s business but which in aggregate have the potential to future proof the revenue model.”

Bottle added that the distribution agreements with Novia Global and TAM Asset Management “facilitate a sustainable and scalable revenue model for advisory businesses, while providing tools and assistance to mitigate the escalating regulatory risks advisers face”.

Starvis said he expected other products and services to come on stream in 2016 and that he was in talks with people in Latin America and Europe about extending their distribution reach.

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