Novia Global signs raft of distribution agreements

International platform provider Novia Global has signed distribution contracts with a raft of businesses including FCA-authorised Global Wealth Management Solutions.

Novia Global signs raft of distribution agreements

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Agreements have also been made with UFC Fund Management, which is Marlborough Fund Managers’ parent company, offshore trust business specialist Emerald and Novia’s UK platform arm Novia Financial.

International Adviser reported in January that international distribution company DV Global had partnered up with Novia Global.

Established in 2003, UK based Global Wealth Management Solutions has developed passport arrangements across Europe, and has to-date raised in excess of $750m (€668m, £517m) through marketing of selected financial products to professional intermediaries globally.

Chris Skelhorn, Novia global head of distribution, said these businesses partners had developed “phenomenal relationships with advisers” over the years.

“Global Wealth Management Solutions is to-date our largest introducer and have an extensive experience in dealing and operating across a wide range of international jurisdictions.  We have known the sales team there for some time and they have exemplary market knowledge with a strong professional ethos. We have already received a number of signed terms of business from adviser firms they have introduced.”

David Parker, managing director at Global Wealth Management Solutions said Novia Global provided “the perfect fit” for its array of product offerings to intermediaries and that they had been “courting Novia to provide this solution for many years”.

Novia Financial will also now be licenced to distribute access to Novia Global by UK advisers dealing in the international market.

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