SYS hits €1bn assets under management milestone with IRS Financial Services deal

Acquisition marks SYS Financial’s fifth acquisition since January

SYS Financial CEO Tony Delaney with Ciaran Donegan, CEO of IRS Financial Services. SYS Financial has reached the milestone of €1bn in client assets under management, following the acquisition of IRS Financial Services.

Advisory firm SYS Financial has reached the milestone of €1bn in client assets under management following the acquisition of IRS Financial Services.

IRS Financial Services is a financial advisory company based in Enniscorthy, Co Wexford, and it marks SYS Financial’s fifth acquisition since January, with additional transactions under discussion.

The firm has added to its Nenagh HQ in Tipperary by opening offices in Cork, Dublin, and Limerick. Last month, SYS Financial announced the acquisition of Cork firm ODM Financial Advisers, based in Bandon.

“Reaching €1bn 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,” said SYS Financial chief executive Tony Delaney.

Founded in 2012, IRS Financial Services manages approximately €115m in client assets and provides services including pensions, investment management, life insurance, mortgages, retirement planning, and wealth management.

As part of the transaction, IRS Financial Services CEO Mr Donegan will join SYS Financial. The Enniscorthy office will still operate.

“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,” said Mr Donegan.