Mercer appoints Steven Seow as head of Wealth Management

Mercer appoints Steven Seow as head of Wealth Management

Mercer appoints Steven Seow as head of Wealth Management in Asia

  • 30 October 2014
  • Singapore, Singapore

Mercer has appointed Steven Seow as head of Wealth Management in Asia, it was announced today by Cara Williams, Senior Partner and Global Head of Mercer Investment’s Global Wealth Management business. Mr. Seow will be based in Singapore.

Mr. Seow’s appointment comes at a time of significant expansion of Mercer’s wealth management services globally. For example, Mercer recently introduced the Mercer Advisor Portal (MAP). Wealth managers, private client asset managers, private banks and financial advisors are able to access, through the portal, institutional-quality research and analytical tools to help improve the performance of their clients’ assets. The system was developed as an alternative to strictly quantitative approaches to asset allocation and manager selection. Other Mercer investment services that are well recognized in the wealth management industry include Mercer’s High Volume Research (HVR) and High Volume Monitoring (HVM) service.

“Steven’s credentials are very relevant to the expansion of services Mercer is bringing to the wealth market,” said Ms. Williams. “He brings an impressive depth and breadth of experience serving the institutions in Asia that cater to wealth management clients, and we are delighted to have the benefit of his leadership as we continue to invest in Mercer’s wealth management capabilities globally and in the region.”

Mr. Seow has more than 12 years of experience in Asia, leading to increasing responsibility in wealth management in the region. Prior to joining Mercer, Mr. Seow was Director of Banking and Wealth Management at Ernst & Young Advisory Pte. Ltd., which he joined in 2008. In this role, he led the Singapore wealth management team to provide private banks and retail banks in Asia with business advisory services in investment suitability, product development, front-to-back office enabling technology and business operations controls. Mr. Seow’s previous experience in the field of private banking includes Citi Private Bank, IBM Business Consulting, PwC Consulting and Odyssey Financial Technologies.

Notes for Editors

Mercer’s Investment business is built on the company’s global approach to research in which it has invested heavily. Mercer currently has four investment research boutiques with each focused on a category of strategies equities, bonds, alternatives and real estate. Mercer employs over 100 full-time manager research professionals, many with actual fund management experience. Boutique members are experts in their own markets and asset class characteristics, giving each boutique a depth of research which complements Mercer’s renowned breadth of research. Members are located around the world and share information and research with their colleagues on a global basis. They are responsible for research, advice across all aspects of asset class investment and implementations, including due diligence on managers, strategies and funds, structure of asset class allocations, research on specific asset class investment trends and opportunities, advice on portfolio structuring, due diligence and assistance with fee and mandate negotiation, ongoing monitoring of investment managers and client portfolios, including regular updates on performance.

About Mercer

Mercer is a global leader in talent, health, retirement, and investments. Mercer helps clients around the world advance the health, wealth, and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 42 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy, and human capital. With over 53,000 employees worldwide and annual revenue exceeding $11 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit Follow Mercer on Twitter @MercerInsights.