RBC Wealth Management bolsters alternative investment offering
As it partners with US-headquartered fintech firm
As it partners with US-headquartered fintech firm
Deal will add around €4bn in assets under management
It wants to hire over 330 relationship managers by 2025
It will provide advisory, discretionary, alternatives and ESG investment solutions
Workforce reduction is ‘next phase of journey’ as it gains operational independence from Lloyds
This includes its asset and wealth management businesses
It will help independent advice companies grow their revenue and assets under management
Customers with at least HK$8m will be able to access services
Deal will expand the combined company’s geographic footprint across Europe and the States
Company is looking to recruit advisers before end of 2020
It is now targeting Hong Kong investors with HK$5m
Platform will have at least 600 mutual funds from 15 asset management firms in Thailand