UHNW | Jotup

Masttro Secures $43 Million Growth Equity Investment Led By FTV Capital

Retrieved on:

Thursday, March 9, 2023

Finance, Payments, Professional Services, Technology, Asset Management, History, Workflow, Growth, Face, UHNW, FTV, Software as a service, Citibank, Partnership, Artificial intelligence, Investment, Knowledge, Financial services, Cryptocurrency

Masttro , a leading wealth tech company serving family offices, financial advisors and large institutions managing the wealth of ultra-high-net worth (UHNW) families, today announced a $43 million growth equity investment.

Key Points:

Masttro , a leading wealth tech company serving family offices, financial advisors and large institutions managing the wealth of ultra-high-net worth (UHNW) families, today announced a $43 million growth equity investment.
The funding was led by FTV Capital, a sector-focused growth equity investor with 25 years of experience in financial services and enterprise technology.
“We are excited to partner with FTV Capital as we continue to accelerate our growth strategy,” said Padman Perumal, CEO at Masttro.
With this growth investment, Fierro and Giovanni Bacarella, vice president at FTV Capital, will join Masttro’s board of directors, and Kyle Griswold, partner at FTV Capital, will join as a board observer.

Altrata Reveals Evolving Residential Footprint of the Ultra Wealthy

Retrieved on:

Tuesday, March 7, 2023

City, Intelligence, Telephone numbers in Hungary, Aspen, Wealth, Real, Organization, UHNW, Financial services, Tourism

NEW YORK, March 7, 2023 /PRNewswire/ -- Altrata, the leading provider of intelligence on the wealthy and influential, today released Residential Real Estate 2023: Spotlight on the World's Leading Markets for the Wealthy. This is second edition of this report, powered by Wealth-X data and sponsored by REALM, focusing on the residential footprint of ultra high net worth (UHNW) individuals – those with a net worth of at least $30 million.

Key Points:

NEW YORK, March 7, 2023 /PRNewswire/ -- Altrata, the leading provider of intelligence on the wealthy and influential, today released Residential Real Estate 2023: Spotlight on the World's Leading Markets for the Wealthy .
This is second edition of this report, powered by Wealth-X data and sponsored by REALM , focusing on the residential footprint of ultra high net worth (UHNW) individuals – those with a net worth of at least $30 million.
This footprint is significant because, even if only for days or weeks in a given year, any type of residential presence represents an opportunity for organizations that seek to connect and engage with the world's wealthy.
In Europe, London leads by total residential footprint with the number two spot and Paris comes in at 13th position.

Riskalyze Partners with Opto Investments to Expand Access to Private Market Investment Solutions

Retrieved on:

Tuesday, February 28, 2023

Professional Services, Technology, Software, Finance, Asset Management, Consulting, Personal Finance, UHNW, HNW, Partnership, RIAS, Entrepreneurship, Operation (mathematics), Financial services, Riskalyze

Riskalyze , the industry-leading growth platform for wealth management firms, today announced a strategic partnership with technology-enabled private markets solution Opto Investments (“Opto”).

Key Points:

Riskalyze , the industry-leading growth platform for wealth management firms, today announced a strategic partnership with technology-enabled private markets solution Opto Investments (“Opto”).
This partnership will enable registered investment advisors (RIAs) using the Riskalyze growth platform to access exclusive private market investment opportunities, empowering them to achieve better outcomes for their high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients.
As a featured partner on Riskalyze’s model marketplace, Opto will offer access to private market investments spanning private credit, private equity, real estate, venture capital, and infrastructure.
In addition, Opto provides an array of relevant educational resources and strives to alleviate the compliance and operations burden typically associated with private market investments.

Chenery Compliance Group Announces the Hire of Three Additional Senior Professionals

Retrieved on:

Wednesday, February 22, 2023

PHILADELPHIA, Feb. 22, 2023 /PRNewswire/ -- Chenery Compliance Group (CCG), a leading and independent institutional quality boutique provider of Chief Compliance Officer solutions to wealth managers, institutional managers, private funds, registered funds and series trusts, today announced the addition of three senior compliance professionals to the firm's team.

Key Points:

PHILADELPHIA, Feb. 22, 2023 /PRNewswire/ -- Chenery Compliance Group (CCG), a leading and independent institutional quality boutique provider of Chief Compliance Officer solutions to wealth managers, institutional managers, private funds, registered funds and series trusts, today announced the addition of three senior compliance professionals to the firm's team.
Prior to joining Chenery Compliance Group, Ms. Dempsey served as a Senior Principal Consultant at ACA Compliance Group (formerly Foreside) where she provided strategic and regulatory guidance to investment advisers in accordance with the Investment Advisers Act of 1940 and state securities laws.
Ms. Golden began her career at Goldman Sachs in their Compliance Testing Group.
Stefanie Little, CCG's Co-Founding Partner, added "As our reputation and client base has grown, we've attracted and retained seasoned compliance professionals.

ETF Pioneer ASYMmetric Launches Smart Income and Smart Alpha Fund

Retrieved on:

Wednesday, February 1, 2023

Professional Services, Technology, Other Technology, Finance, Consulting, Banking, Accounting, UHNW, Sleep, NYSE, ETF, Philosophy, Risk, Smart Technologies, Asymmetric, Main Street, Security (finance), Financial adviser, Cryptocurrency

Today, ASYMmetric ETFs, a modern investment adviser committed to capital preservation, compounding returns and minimizing the risks of investing, announced the launch of two new funds, ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha S&P 500® ETF (NYSE: ZSPY).

Key Points:

Today, ASYMmetric ETFs, a modern investment adviser committed to capital preservation, compounding returns and minimizing the risks of investing, announced the launch of two new funds, ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha S&P 500® ETF (NYSE: ZSPY).
● ASYMmetric Smart Income ETF (NYSE: MORE) is a passive, rules-based fund developed to produce more income with less risk.
Without using derivatives or leverage, the ASYMmetric Smart Income ETF dynamically manages investment exposure in both bull and bear markets.
● ASYMmetric Smart Alpha S&P 500 ETF (NYSE: ZSPY) is a passive, rules-based fund engineered to provide better returns with the same risk.

Private Wealth Systems Recognized as Best Reporting Solution for Family Offices

Retrieved on:

Thursday, February 16, 2023

UHNW, Private Asset Management, Investment, IRR, PWS, Reconciliation, PAM, Financial services, Cryptocurrency

CHARLOTTE, N.C., Feb. 16, 2023 /PRNewswire/ -- Private Wealth Systems (PWS), a multi-asset class portfolio management and reporting platform uniquely designed for ultra-high net worth (UHNW) individuals, family offices, and foundations, today announced it has been named Best Reporting Solution by Private Asset Management (PAM) awards.

Key Points:

CHARLOTTE, N.C., Feb. 16, 2023 /PRNewswire/ -- Private Wealth Systems (PWS), a multi-asset class portfolio management and reporting platform uniquely designed for ultra-high net worth (UHNW) individuals, family offices, and foundations, today announced it has been named Best Reporting Solution by Private Asset Management (PAM) awards.
This award recognizes Private Wealth Systems as a leader in solving the complexities of managing and reporting on public and private asset classes for family offices.
In addition to being named a leader in consolidated reporting, PWS was shortlisted for Best Multi-Asset Class Portfolio Management System and Best Technology Platform for Family Offices.
Private Wealth Systems' consolidated investment reporting provides family offices, UHNWIs, and their advisors with summary to tax-lot/transaction level views regardless of complexity, investment type, ownership structure or global jurisdiction.

Mirador Completes Acquisition of Fusion Financial Partners, Expanding Institutional Consulting and RIA Services

Retrieved on:

Tuesday, February 7, 2023

UHNW, Insurance, Private Asset Management, UBS, Data science, Registered investment adviser, Mirador, Consultant, Acquisition, RIA, Partnership, Growth, Extended reach drilling, Tamaulipas, Financial adviser, Management, Financial services, Fusion

STAMFORD, Conn., Feb. 7, 2023 /PRNewswire/ -- Mirador, Inc., a leading managed services partner that combines powerful data science and deep financial expertise to provide best-of-breed financial reporting services, middle office services, and technology solutions and products to the U/HNW wealth management industry, today shares that it has completed the acquisition of Fusion Financial Partners, LLC (Fusion), a full-service agency dedicated to the Registered Investment Advisor (RIA) industry.

Key Points:

Fusion provides strategic and execution services to the U.S. RIA marketplace, including vision and strategy development, revenue growth solutions, pricing and compensation, tuck-in roadmap and execution, succession planning, and breakaway advisor launch services.
These services, including Fusion Scorecard™, and Fusion oCGO™, will now be incorporated into Mirador's broader client offerings.
With this acquisition, Mirador's solutions offering will now have a new dedicated team targeting the growing RIA market, called the Institutional Clients Group.
This acquisition expands Mirador's client services to encompass institutional consulting services, M&A services, and additional RIA services.

Reflections from the Tutors International Team on the 2023 Prestel & Partner Family Office Forum in Dubai

Retrieved on:

Monday, February 6, 2023

UHNW, Family, Partner, Forum, Mentorship, Investment, Travel, Language, Acquisition, Teaching, Motivation, Friends, Research, Culture, Coffee, Bullying, Sport, Parent, Student, Knowledge, Flower, Education, Creativity, Humour, Learning, Tennis, Personality, Success, Management, Tutoring

OXFORD, England, Feb. 6, 2023 /PRNewswire/ -- The 2023 Dubai Prestel & Partner Family Office Forum took place at the Palace Downtown Hotel, Dubai, on 31st January and 1st February. Family Office Forums are tailored to local and regional interest points and are exclusively designed for family principals, family office executives, wealth owners, private investors and a select few partners. The aim is to share best practice in governance and investments as well as to provide an international outlook on the most crucial family office and private investor topics.

Key Points:

CEO, Adam Caller, and his colleagues recently returned from the 2023 Prestel & Partner Family Office Forum in Dubai and share their impressions of the conference.
OXFORD, England, Feb. 6, 2023 /PRNewswire/ -- The 2023 Dubai Prestel & Partner Family Office Forum took place at the Palace Downtown Hotel, Dubai, on 31st January and 1st February.
Family Office Forums are tailored to local and regional interest points and are exclusively designed for family principals, family office executives, wealth owners, private investors and a select few partners.
These family forums enable professionals at the top of their game to exchange ideas, knowledge and expertise across a wide range of topics.

Reflections from the Tutors International Team on the 2023 Prestel & Partner Family Office Forum in Dubai

Retrieved on:

Monday, February 6, 2023

OXFORD, England, Feb. 6, 2023 /PRNewswire/ -- The 2023 Dubai Prestel & Partner Family Office Forum took place at the Palace Downtown Hotel, Dubai, on 31st January and 1st February. Family Office Forums are tailored to local and regional interest points and are exclusively designed for family principals, family office executives, wealth owners, private investors and a select few partners. The aim is to share best practice in governance and investments as well as to provide an international outlook on the most crucial family office and private investor topics.

Key Points:

CEO, Adam Caller, and his colleagues recently returned from the 2023 Prestel & Partner Family Office Forum in Dubai and share their impressions of the conference.
OXFORD, England, Feb. 6, 2023 /PRNewswire/ -- The 2023 Dubai Prestel & Partner Family Office Forum took place at the Palace Downtown Hotel, Dubai, on 31st January and 1st February.
Family Office Forums are tailored to local and regional interest points and are exclusively designed for family principals, family office executives, wealth owners, private investors and a select few partners.
These family forums enable professionals at the top of their game to exchange ideas, knowledge and expertise across a wide range of topics.

2023 Single Family Offices in EMEA: A Gateway to the Single Family Office Community

Retrieved on:

Friday, January 27, 2023

DUBLIN, Jan. 27, 2023 /PRNewswire/ --The "Single Family Offices in EMEA" database has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, Jan. 27, 2023 /PRNewswire/ --The "Single Family Offices in EMEA" database has been added to ResearchAndMarkets.com's offering.
For those wishing to build relationships with single family offices, such as asset managers and private and investment bankers, the difficulty of access to SFOs is well-recognised.
This Single Family Offices Database offers powerful search filters which are simple and intuitive to use.
Investment banks seeking to advise family offices on M&A, divesting family businesses, or raising equity or debt capital
Among the over 1,000 companies (Single Family Offices) profiled in this Database are: