EQS-News: Smartbroker Group successfully completes one of the largest securities accounts migrations in the German financial sector
The Group was able to successfully complete one of the largest retail investor migrations in the German financial sector in close coordination with their partners and with the active involvement of their customers.
- The Group was able to successfully complete one of the largest retail investor migrations in the German financial sector in close coordination with their partners and with the active involvement of their customers.
- Almost 90,000 customers and more than €5 billion in customers assets were transferred to the new partner Baader Bank AG.
- This corresponds to more than 75% of all Smartbroker 1.0 customer assets before the move, and just under 70% of active Smartbroker 1.0 clients.
- As part of the move, only around 3,000 customers gave up their client relationship with Smartbroker.