Wexford business acquired by SYS Financial

SYS Financial, one of Ireland’s leading financial advisory firms, has announced that it has reached the milestone of €1 billion in client assets under management (AUM)…

It comes following the acquisition of IRS Financial Services, a financial advisory firm based in Enniscorthy, Co. Wexford. This is SYS Financial’s fifth acquisition since January, with additional transactions currently under discussion.

In addition to acquisitions, SYS Financial has achieved substantial organic growth on its way to €1 billion AUM. The firm has added to its Nenagh headquarters in Tipperary by opening new offices in Dublin, Cork and Limerick.

Founded in 2012, IRS Financial Services manages approximately €115 million in client assets and provides a comprehensive range of financial services including pensions, investment management, life insurance, mortgages, retirement planning and wealth management. As part of the transaction, IRS Financial Services CEO Ciaran Donegan will join SYS Financial, and the Enniscorthy office will continue to operate.

Speaking to Wexford Weekly, Tony Delaney, CEO of SYS Financial, said:

“Reaching €1 billion in assets under management is a significant milestone for SYS Financial and reflects the trust our clients place in us to guide some of the most important financial decisions in their lives. We are delighted to welcome Ciaran Donegan and IRS to SYS Financial, bringing a strong regional presence in the South-East.”

“Ciaran has 30 years of experience, with a particular expertise in the corporate market, so he will be a strong addition to our team. Our growth has been built on a combination of strong client relationships, disciplined acquisitions and continued investment in the people and infrastructure needed to support clients over the long term,” he said.

Meanwhile, Ciaran Donegan, CEO of IRS Financial Services, said:

“Joining SYS Financial represents an exciting opportunity for our clients and our team. We share a strong client-first philosophy, and becoming part of a larger, growing organisation will allow us to enhance the breadth of services and support we provide, while maintaining the personal relationships our clients value.”

Alongside acquisitions, the company has also expanded its service offering through the creation of new specialist divisions including SYS Mortgages, employee benefits solutions, and corporate health insurance advisory, enabling the firm to provide a broad range of integrated financial services to both private and corporate clients.

Founded in 2015, SYS Financial is an award-winning financial advisory firm and one of Ireland’s leading providers of tailored financial solutions for employers, individuals, families, and private wealth clients. From tax-efficient retirement and inheritance planning to securing a mortgage or enhancing employee benefits, SYS Financial’s leading experts are here to help across offices in Nenagh, Dublin, Cork and Limerick. SYS Financial delivers expert guidance that helps create long-term security and peace of mind.