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Financial services provider unites US operations

By Robbie Lawther, 20 Apr 22

Firm has ‘significant market ambition’ across the country

Global investor services group IQ-EQ has rebranded its US-based companies to combine the businesses together.

Blue River Partners, Constellation Advisers, Concord Trust Company, and Greyline Partners have all rebranded as IQ-EQ.

In the US, IQ-EQ now offers the following range of services:

  • Fund administration services;
  • Middle office and trade support;
  • Outsourced chief financial officer, accounting and chief operating officer services;
  • Regulatory compliance solutions;
  • Cybersecurity;
  • IT solutions;
  • Open architecture independent trustee services; and
  • Tax consulting and compliance.

IQ-EQ’s total US headcount now surpasses 550 and the firm plans to increase its staff across the states in 2022.

The firm’s current footprint spans 10 offices across seven states — New York, Massachusetts, New Hampshire, Illinois, Texas, South Dakota and California.

‘Significant market ambition’

Mark Fordyce, IQ-EQ’s regional chief executive of The Americas, said: “For our US business, this rebrand especially highlights the incredible progress we have made since setting off on this journey back in 2020.

“We are a significant force in the industry and stronger now as one business than we have ever been before, better able to serve the US market, as well as global clients, with our signature, high-touch service. We have significant market ambition in the US and look forward to exciting times ahead for our 550 plus team.”

Mark Pesco, group chief executive at IQ-EQ, added: “Our focus on the US market sits at the very core of our future growth strategy. This rebrand, which brings together four market-leading providers under the IQ-EQ umbrella, represents a key milestone on our journey.

“Together as IQ-EQ, we are perfectly positioned to grow our US client base and help our Emea and Apac clients enter and operate seamlessly in this significant growth market.”

Tags: IQ-EQ

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.