A bumper year for SYS Group

SYS Group, the Nenagh headquartered financial services group, grew its annual revenue to the end of December 2022 by €710,000, to a total of €2.9 million. The company’s assets under management also increased to €300 million in total. The Nenagh company had 11 new hires last year, increasing its employee headcount to 40 people. It plans to further grow this number to 50 people in 2023.

2022 saw the establishment of SYS Tax, the company’s tax advisory service, broadening SYS Group’s service offering to customers. SYS Mortgages also experienced significant growth, increasing its revenue by 37%.

SYS Group established a number of partnerships last year. The company worked with leading Irish accountancy firm Quintas to become an official fundraising partner for the firm’s Employment and Investment Incentive Scheme (EIIS) innovation fund. This enabled the company to offer the EIIS fund as an investment option to its high-net-worth clients.

At the end of 2022, SYS Group announced it had entered into a strategic partnership with Dublin-based PGM Financial Services.

Tony Delaney, CEO, SYS Group said: “2022 was a landmark year in terms of the growth of the business. I believe 2023 will be a similarly positive year for SYS Group, as the financial services sector continues to grow and the company will likely benefit from continued consolidation. The steps we have made to broaden our service offering and deepen our talent pool, while at the same time maintaining best in class standards, will serve the business extremely well for years to come.”

As well as Nenagh, SYS Group has offices in Dublin, Cork and Waterford. It incorporates SYS Private, SYS Financial Planning , SYS Mortgages, SYS Tax & SYS Millennial Money Coach. The multi-award-winning company has circa 6,000 clients and 40 members of staff. Originally called SYS Wealth & Financial Planners Ltd, the company was founded by Tony Delaney in 2015 and became SYS Group in 2020. With expertise across a wide array of financial specialist areas, it provides an advisory offering across Retirement Planning, Investments & Savings, Inheritance & Succession Planning and in particular the whole area of Tax Efficient Structures.