Meyado bucks tough economy to expand

Meyado Private Wealth Management has recently announced an expansion of operations as well as a relocation of offices.

Meyado has recently hired more staff in their Singapore branch. Future plans for growth include hiring as many as five additional employees in the next six months to a year, despite the global financial crisis.

Formerly housed in Singapore Land Tower, Meyado has taken over space in a shophouse in Far East Square.

"Yes, the economy is tough right now," said Mark Paine, CEO of Meyado Singapore. "But the reality is that some sectors of the financial community provide unique, valuable services to individuals that are now more important than ever. As an independent financial advisory, more and more people are coming to us for impartial advice, while simultaneously seeking out a company with very personal relationships. Hence, our growth."