Dubai financial planner Globaleye is poised to finalise merger with Singapore wealth management firm after the MAS gives its go-ahead.

Jigsaw Wealth Managemen, the Singapore-based firm that specialises in private wealth management and investment advisory, has agreed to merge with Dubai headquartered financial planner Globaleye, said the latter in a statement on its website.

The partnership, which has already obtained approval from the Monetary Authority of Singapore, will be located at Globaleye's Singapore office.

"This merger will be beneficial to our clients; whilst we have traditionally focussed on different market segments -- Jigsaw on accredited investors and Globaleye on the mainstream market -- both have worked with similar product providers with a primary focus on the expatriate population under the Financial Advisors Act in Singapore," said Paul Jeffreys, chief executive for Jigsaw.

The merger is expected to be completed by early 2014.