SaSo Strategic Advisers enhances its regulatory permissions moving to a Full-service Financial Advisory, Dealing and Managing License.
9 March 2020
SaSo Strategic Advisers (SaSo) has been granted a full-service advisory, dealing and managing license – Investment Business ABC Class Registration from the Jersey Financial Services Commission (JFSC), building on the D Class Registration the company has been operating within for the past 3 years since inception.
To support the change in Registration, SaSo has hired Peter Smart as Head of Investments, to be responsible for a new dealing and managing investment function within SaSo.
Meeku Patidar, Founder and CEO, commented ‘We are really pleased and excited to have further developed the company and transformed ourselves into a full-service financial advisory-led proposition with investment management capability building on what we have created over the past 3 years. As we have grown our client base and assets under advice, strategically this change was a natural extension to include the investment dealing and managing capability all the while focused on our core financial advisory services. This makes real sense in an increasingly volatile environment, as we are experiencing now, but also provides for greater operational and administration efficiency, as well as clarity to clients of the responsibilities that SaSo would like to undertake for its’ clients.’
He adds, in regard to Peter Smart, ‘I have admired Peter’s work through the number of years we have known each other, and SaSo is very fortunate to have acquired his skills, knowledge and deep experience in the market. Once we had decided to apply for the ABC Registration with the JFSC, we were keen to support the application with a high-quality investment professional. I knew that Peter would be the ideal person to head this new function, with his knowledge and experience but also him fitting into the SaSo family and culture.’
Peter Smart, Head of Investments, commented ‘I have known Meeku for many years and despite the fact that we were always at separate Companies, we have successfully worked together in providing high quality and positive outcomes from introductions where we felt clients would benefit from each other’s particular area of expertise. It therefore made absolute sense to bring the dedicated Investment Service to the Company and I am proud to be joining SaSo at this time. Becoming part of a team that offers a truly integrated, full-service wealth management capability is an exciting proposition.”
SaSo Strategic Advisers proud sponsors of junior Chess
31 October 2019
SaSo Strategic Advisers (SaSo) are delighted to announce a co-sponsorship of Junior Chess in Jersey in conjunction with Grant Thornton Limited.
There will be a series of junior chess events held throughout the year, which aims to encourage all Jersey children under 18 to enjoy honing their chess skills in a competitive but fun environment.
Garry Forbes, Director at SaSo commented “I believe that chess is great at enhancing concentration and problem-solving skills but more importantly than that, chess is great fun. As a passionate chess player myself, SaSo are a proud to be a co-sponsor and are delighted to be developing junior chess opportunities for the children and youth of Jersey.’’
SaSo Strategic Advisers wins best Practice Adviser Firm (Europe) Award established under 3 years from International Adviser
7 October 2019
SaSo Strategic Advisers (SaSo) is proud and delighted to have won this Award.
International Adviser is the leading brand for the global intermediary market that uses cross-border insurance, investment, banking and pension products on behalf of their high net-worth clients.
The Directors of SaSo attended the presentation ceremony held in London on 26 September 2019.
Meeku Patidar, Founder and Managing Director, commented ‘We are really proud to have received this recognition from International Adviser. With the business coming up to 3 years, we were keen to test ourselves across a European-wide submission and these Awards offered an excellent platform to achieve this. We believe SaSo is the first Channel Island financial adviser firm to win an International Adviser Award which no doubt puts a positive spotlight on Jersey, and the Channel Islands, and our intention is to continue building on this excellent success.’
Garry Forbes, Director, commented ‘SaSo’s focus is on holistic financial planning in the Channel Islands and achieving the best outcome for our local clients through a combination of the personal service that our team provide and backed then by technology that we believe is second to none. The award-winning forward-forecasting tools that SaSo use are visual and bring to life the client’s situation, helping them to support their aims and objectives in an interactive way. We are delighted that this award validates our teams hard work and effort since 2017’.
Experienced Compliance Professional joins SaSo Strategic Advisers limited
14 January 2019
SaSo Strategic Advisers (SaSo) is delighted to welcome a seasoned compliance professional to the company, John Pallot, as Compliance Officer.
John Pallot has been working in the Jersey finance industry for over 30 years.
From 1989 to 2007, John worked at the Jersey Financial Services Commission. His time there included various directorships including director of the Financial Services Business Division which was responsible for the implementation and then the administration of the Financial Services (Jersey) Law 1998. Later John was director of the Compliance Division responsible for the on-going regulation of all authorised businesses under the various regulatory Laws.
John also represented Jersey on a number of international bodies including Sub Committees of IOSCO.
Since 2007 John has held a number of senior compliance posts in the private sector.
John Pallot commented, ‘I am delighted to be joining SaSo at this time. Their innovative service offering combined with the experience and professionalism of the team make this an exciting time to be joining. I look forward to being able to contribute to the continued growth and development of SaSo’.
Meeku Patidar, Founder and Managing Director, commented ‘It is with great satisfaction to welcome John to the SaSo team. We very much look forward to working with John to build and shape our company as a modern, technology-led financial advisory practice for local Channel Island private clients and families. His vast compliance and governance experience, within the JFSC and in the private sector, will be extremely valuable to SaSo as we grow and develop further. Compliance and governance form a very important part of our everyday operation and John will help us continue to integrate this into our business as we grow. We are fortunate to have John’s experience, quality and calibre join as part of our team at such an exciting time.’
Non-Executive Director to join SaSo Strategic Advisers Limited
25 July 2018
SaSo Strategic Advisers (SaSo) is pleased to welcome George Baird as Non-Executive Director to the board.
As a previous Treasurer of the States of Jersey, along with multiple Chairman and Non-Executive Director roles, George brings tremendous experience to SaSo at this exciting time in its’ development. In addition to his corporate governance experience, George will support SaSo in the increasing compliance and risk management environment that SaSo operates within.
George Baird commented, ‘It is an absolute privilege and pleasure to join the board of SaSo Strategic Advisers. They have an experienced dynamic team who are driven by a combination of high tech systems and personal service. Our combined skills will provide a platform for the continued development of this modern day financial services company.’
Meeku Patidar, Founder and Managing Director, commented ‘It is with great pleasure to welcome George to the board. I very much look forward to working with George and the team to build and shape our company as a modern, technology-led financial advisory practice for local Channel Island private clients and families. His vast experience in supporting large and small organisations, including not least being the Treasurer of the States of Jersey, will be valuable to SaSo as we grow and develop further. We are fortunate to have such quality and calibre supporting our team at such an exciting time.’
New Equity Partners join SaSo Strategic Advisers limited
18 September 2017
SaSo Strategic Advisers (SaSo) is delighted to welcome two new equity partners to the company, John Leonard and Garry Forbes, both as Directors, Private Clients. The introduction of John Leonard and Garry Forbes will support the development, growth and direction of SaSo locally.
They will both provide financial advice and relationship management support to Private Clients, and Trustees, predominantly based in Jersey, although Garry Forbes will also continue to serve his long-standing relationships developed in Guernsey.
John has spent the past 7 years with an international financial advisory business where he was responsible for providing advice to both private and corporate clients in all areas of financial planning. John specialises in pensions and investments and over the last 20 years John has travelled extensively throughout the Middle East, Africa and Europe visiting clients from his background as Private Banker with EFG Private Bank, Standard Chartered and SG Hambros Bank. John is also a member of the management board of the States of Jersey Teachers Superannuation Fund.
John Leonard commented, ‘that it’s a truly exciting opportunity to define a modern day financial services company through relationship building and the use of technology that SaSo can develop and therefore enhancing our clients’ outcomes and experiences’.
Garry has 18 years’ experience as a financial advisor and overall 23 years’ experience in financial services working as a financial advisor in Jersey (7 years), Guernsey (8 years) and Edinburgh (3 years).
Garry holds the Diploma in Financial Planning from the Chartered Insurance Institute along with The Certificate in Advanced Mortgage Advice. He has also recently completed modules of the Institute of Directors (IOD) exams with distinction, namely ‘The Role of the Director & the Board’, ‘Director's Role in Strategy & Marketing’ and ‘Leadership for Directors’.
Garry Forbes commented, ‘'I am excited to be joining a dynamic company like SaSo and believe that we have a great team that can really make a difference in the Jersey marketplace. Corporate governance and good practice are now imperative in an ever-increasing regulatory environment and I am confident that with the robust infrastructure and great team that SaSo has in place, SaSo are in an enviable position to thrive in this tough environment and meet the future challenges that lie ahead.’
Meeku Patidar, Managing Director, commented ‘It is with great pleasure to welcome John and Garry to SaSo as equity partners. I very much look forward to working with them both to build and shape our company as a modern, technology-led financial advisory practice for local resident private clients and trustees. I believe the combined skill set of the team will be complimentary to delivering a clear and high level of service to clients. Given recent unfortunate events that has affected local individuals, it is important that SaSo makes the financial advice process understandable, transparent and trustworthy and with John and Garry on board I am confident that SaSo can execute this plan.’
In addition, in relation to the technology involved, Meeku Patidar commented, ‘They way individuals want to interact with firms like us is changing. SaSo is excited about some new developments that we have been working on which hopefully we can roll out soon. It is our belief this will help individuals living in Jersey to access financial advice at a time when this support is shrinking and costs are rising.’