Envysion Wealth Management expands into Malaysia with strategic partnership
Envysion Wealth Management has entered into a strategic partnership with Bill Morrisons to offer accredited Malaysian investors the opportunity to re-domicile funds in Singapore through recently launched VCC fund
Envysion Wealth Management, the independent, full-service wealth manager with a specialty in family office solutions, has today announced a strategic partnership with Bill Morrisons of Malaysia. The partnership will enable accredited Malaysian investors to gain access to an international wealth management solutions platform and the option to re-domicile their assets via a Variable Capital Company (VCC) or family office set up in Singapore.
Malaysian investors will be able to tap into the wider international market. With access to a Singapore-domiciled fund, family office structure and the wealth management facilities, investors will have access to an extensive range of benefits. Under this partnership, Envysion Wealth Management and Bill Morrisons will operate on a joint Discretionary Portfolio Management model, starting with a target of USD 100 million in Assets under Management (AUM).
“This partnership marks Envysion’s first venture overseas, and we see this partnership maximising our competitive advantage in Asia, leveraging a broader pool of resources to drive value for our clients in the region. This is an exciting phase for us as we propel the business to the next stage of growth, and we are happy to be partnering with Bill Morrisons, who brings over 120 years of combined experience in banking, investments and insurance sectors”, said Veronica Shim, Founder and CEO, Envysion Wealth Management.
“The landscape for a true multi-family office in Malaysia has never been more ready as many HNW Malaysians have been searching for such services locally. It took us 3 years and numerous trips down to Singapore seeking for the right strategic partner with the right dynamics that shares our vision in placing our clients’ interests at heart. This strategic partnership forged with Envysion Wealth Management will put us on the forefront to bring our ideation of Beyond Wealth Management to investors. The combined expertise that could be gained from this partnership will benefit our clients in Malaysia, Thailand and Indonesia. This will elevate us significantly and bring us to par with international multi-family offices serving in this region”, said Billy Hii, Founder and Director, Bill Morrisons Group
Bill Morrisons Group is an integrated financial services group founded to provide comprehensive wealth management services to mass affluent and high net worth Malaysians, expatriates, corporates and institutions. Bill Morrisons’ team of experienced advisers include former bankers and financial advisers that bring forth unparalleled financial solutions to their clients.
Founded in January 2020, Envysion Wealth Management is an innovative yet traditional independent, full-service wealth manager with a specialty in Family Office solutions for their financial and non-financial needs.