Pinefields Investment Services Limited is a Private Limited Liability Company incorporated on August 29, 1995 to carry on business mainly as Stockbrokers, Investment Advisors, Portfolio Managers, Trustees, Issuing houses, Registrars Financiers for any person, Firm or Company.
The Promoters of the company were motivated by the need to fill in the demand gap in Stockbroking business within our environs and the capacity to create and deliver superior customers value. Hence, the need for our mission statement that reads “At Pinefields we are continuously striving to assist and guide investors towards achieving their optimal Investment Objective. Through prompt and excellent service delivery system that ensures our constant relevance in our market, thereby assisting to build an efficient capital market. We emphasize qualitative management of our resources through creative and motivated workforce that focuses on high ethical standards and integrity, thereby creating abundant wealth to the stakeholders”.
In line with our vision, the company has over the years consistently been increasing its authorized/paid up capital from N100,000.00 (One Hundred Thousand Naira) divided into ordinary shares of N1.00 each at incorporation to its current level of N430,000,000.00 (Four Hundred and Fifty Million Naira) paid up Capital, thereby meeting the new statutory paid up Capital.
The organizational structure is subdivided into 10 major units- viz Research, Marketing & Business Development Dept, Information Technology & Operations Dept, Finance/Accounts Dept, Internal Control/Audit Dept, Sales Traders/Client Services Dept, Human Resource and Administration Dept, Risk Management Dept, and Legal Adviser/Company Secretariat and Compliance Dept.
To this end, Pinefields has commenced the opening of branches to other strategically located major commercial centers in Nigeria. We have also continued to innovate flexible Investment Instruments tailored to the needs of our clients. We have product lines like PINESEED ACCOUNT, PINEGOLD, PINEVALUE and PINETIME VALUE.
The strength of the company lies in our ever-growing Clientele base, culture of integrity and professionalism, effective business development strategy, excellent relationship management structure, professionally qualified, experienced and well trained manpower backed with ever focused Board of Directors.
Pinefields Investment Services Limited is one of the fastest growing stockbroking firms, with all key financial indices on the positive side while we house our clients’ portfolio worth billions of Naira. Our key investment strategy is to grow our total asset base with over 25% annually.
Our subsidiaries include in the main Pinefields Limited: – An asset management company used in our securities dealing. The company manages a large pool of Equity/borrowed funds that runs into hundreds of millions used in securities trading.
Our future development looks bright, as we commenced arrangement with our Board to increase our paid up capital to about N1billion, as we get poised with the challenges ahead.