The Asset and Resource Management Holding Company (ARM) is a financial services provider headquartered in Lagos, with branches across Nigeria. The institution specializes in the delivery of various financial products, including pensions, trusteeship, life insurance, private equity, and mutual funds. It’s also involved in real estate, infrastructure and agriculture.
The company serves a broad array of clients, ranging from individuals to organizations, private and public workers, self-employed persons, High Net-Worth Individuals (HNWI) and corporates. It designs its offerings to meet the needs of each of these client groups.
ARM started out in 1994 as an asset management firm. Over the years, it has expanded its roster of services and has received patronage from a diverse and growing customer base. It continues to run with a vision to be “the preferred financial partner in Africa”, and enable access to “global wealth creation opportunities” for people on the continent.
As a Holding Company, ARM delivers its various services under distinct sub-entities. One of them, ARM Stocktrade, provides individuals with a digital platform on which they can buy and sell stocks. The platform avails them of market research tools and other resources with which they can effectively manage their trading accounts.
ARM also has a Trust service. This allows its users to keep and grow funds with the company on behalf of a beneficiary (or beneficiaries). The Trust categories it offers are the Living Trust, Education Trust (which allows people to guarantee funds for their wards’ education), and Group Life Settlement Trust (which may benefit multiple recipients).
High Net Worth persons can work with ARM’s Private Wealth Management team to build and manage their wealth. This segment of the company’s operations analyzes their clients’ needs and the options available for growing the wealth. Next, they come up with an investment strategy that’s in line with their client’s desires. They also review portfolios on an ongoing basis and rebalance them as conditions change.
The pension segment of ARM’s operations has gained some traction in recent times. It’s now one of the better-known names in the pension space, thanks in part to the sustained promotion that it’s gotten. Its products in this category include contributory pensions, micro pension schemes, and voluntary contributions. The teams at ARM Pension say that they’ve designed their offerings for a diverse clientele, including artisans and traders, professionals, self-employed persons, and private and public sector workers.
In 2015, ARM acquired Mixta Africa, a real estate company with a presence in Nigeria, Morocco, Cote d’Ivoire, Tunisia, and Senegal. Through this vehicle, it has forayed into Africa’s growing real estate market. It continues to consolidate its position in this sphere by investing in new property projects on the continent.
As one of the largest non-bank financial institutions in Nigeria, ARM seems on course to accomplish its vision. It could gain a place at the global table for financial institutions if it continues to accelerate its movement on its current growth trajectory.
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