Paul Jeffreys, founder and managing director of the firm, said the arrangement with deVere Recruitment, the training division of deVere & Partners, the world’s largest international IFA by adviser numbers, was beneficial to all parties.
“It means we bring on staff who have passed through one of the most respected recruitment and training programmes in the industry, which also means our clients and prospective clients can be reassured they will receive the best quality financial planning advice.”
Sales director Tariq Mirza, whose appointment remains subject to regulatory licence approval, was the first adviser to join Jigsaw having come through the deVere training programme. Jeffreys said one more adviser was due to join shortly.
He added the arrangement with deVere was not exclusive, meaning the latter could pursue similar deals with other firms in Singapore and he was free to recruit from other sources.
Jigsaw, which was set up by Jeffreys in 2004 after he left Coutts private bank, will have four advisers once the new recruit joins. The other is senior vice-president Jamie Lee, who joined the business in 2006.