Trending...
- UIFCA Revolutionizes Financial Education with Elite Team of Investment Experts
- Introducing LĪNA Universal Balm: A Luxury Multi-Use, Plant-Powered Solution for Skin & Hair
- PRIMER: An Avant-Garde Art & Music Experience Launches in Chicago's River North Design District
CHICAGO, July 12, 2024 ~ Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), has recently announced a significant expansion of its clearing and multi-custodial wealth management platform. This expansion is made possible through long-term clearing, custody, and technology agreements with BNY Pershing, a leading provider of global financial business solutions.
According to Ben Harrison, Head of Wealth Solutions at BNY Pershing, the firm is proud to deepen its relationship with Arete Wealth. He notes that their focus on providing advisors with the necessary resources to scale and serve clients aligns with BNY Pershing's mission to help advisors help more people. The decision by Arete Wealth to utilize BNY Pershing's Wove wealth management platform, along with the newly unveiled suite of Wove products, is a testament to the strong collaboration between the two firms over the years.
Through this agreement, advisors from Arete Wealth will now have access to BNY Pershing X's Wove wealth management platform. This platform is specifically designed to assist registered investment advisors, broker-dealers, and wealth management firms in connecting an investor's full financial picture in one place. The platform offers various offerings such as Wove Investor, Wove Data, and Wove Advisory's Portfolio Solutions.
More on illi News
Arete Wealth is known for supporting RIAs, wealth managers, and advisor teams seeking an elevated business experience in investing. In addition to traditional wealth management products, the firm also offers a bespoke alternative investment platform that currently features over 60 offerings from dozens of sponsors including artwork, hedge funds, private equity, venture capital, real estate, and more. With this new partnership with Pershing's suite of solutions, Arete Wealth aims to further support its growth across all these areas.
Joshua Rogers, CEO and Founder of Arete Wealth expressed his excitement about collaborating with one of the top providers of clearing and custody services in the industry. He believes that Pershing's commitment to high-growth, sophisticated wealth managers, along with its focus on innovative technology offerings, makes them the perfect provider for their elite financial advisors. As Arete Wealth continues to expand and enhance its wealth management platform, this partnership with BNY Pershing is expected to bring significant benefits to both firms and their clients.
According to Ben Harrison, Head of Wealth Solutions at BNY Pershing, the firm is proud to deepen its relationship with Arete Wealth. He notes that their focus on providing advisors with the necessary resources to scale and serve clients aligns with BNY Pershing's mission to help advisors help more people. The decision by Arete Wealth to utilize BNY Pershing's Wove wealth management platform, along with the newly unveiled suite of Wove products, is a testament to the strong collaboration between the two firms over the years.
Through this agreement, advisors from Arete Wealth will now have access to BNY Pershing X's Wove wealth management platform. This platform is specifically designed to assist registered investment advisors, broker-dealers, and wealth management firms in connecting an investor's full financial picture in one place. The platform offers various offerings such as Wove Investor, Wove Data, and Wove Advisory's Portfolio Solutions.
More on illi News
- Fairmint Introduces First Fully Onchain and Open Cap Table Infrastructure
- Vortex Brands Begins Gold Purchases Under New Joint Venture with Dubai-Based Partner
- Chicago: Mayor Brandon Johnson Statement on the Election of Pope Leo XIV
- City of Naperville Fleet Services Division Ranks No. 7 in the NAFA 100 Best Fleets Competition
- This Budget Didn't Break the System—It Exposed the Truth
Arete Wealth is known for supporting RIAs, wealth managers, and advisor teams seeking an elevated business experience in investing. In addition to traditional wealth management products, the firm also offers a bespoke alternative investment platform that currently features over 60 offerings from dozens of sponsors including artwork, hedge funds, private equity, venture capital, real estate, and more. With this new partnership with Pershing's suite of solutions, Arete Wealth aims to further support its growth across all these areas.
Joshua Rogers, CEO and Founder of Arete Wealth expressed his excitement about collaborating with one of the top providers of clearing and custody services in the industry. He believes that Pershing's commitment to high-growth, sophisticated wealth managers, along with its focus on innovative technology offerings, makes them the perfect provider for their elite financial advisors. As Arete Wealth continues to expand and enhance its wealth management platform, this partnership with BNY Pershing is expected to bring significant benefits to both firms and their clients.
Filed Under: Business
0 Comments
Latest on illi News
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Beyond Finance Wins Gold Stevie® Award for Customer Service Department of the Year in 23rd Annual American Business Awards
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
- Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
- Mai Coffee Unveils First - Ever Vietnamese Coffee Pouches, Bringing "Viet Super Coffee" To The World
- Chris The Wiz Releases RAIN EP – A Cyberpunk Dreamscape in 4 Tracks
- Penetrium™ Breaks Oncology Barriers: The Solution to Cold Tumors and Metastatic Cancer Unveiled at AACR 2025
- Robert Fabbio Inducted into the Austin Technology Council Hall of Fame
- Mayor Brandon Johnson Appoints Francisco Velez as Executive Director of the Chicago Office of Emergency Management and Communications
- Chicago City Council Passes Mayor Johnson's Landmark Green Social Housing Ordinance
- Cybersecurity is Protecting Your Personal Information and Your Portfolio
- Transfer Pricing Expert Andrew O'Brien-Penney Joins The Brattle Group as Principal
- Naperville Fire Department Invites Community Members to Fire Prevention Presentation on May 22
- L2 Aviation Celebrates Grand Opening of New Facility at Cincinnati/Northern Kentucky International Airport (CVG)
- Managing Summer Staffing Surges with Confidence: Why Name Badges Are a Must for Seasonal Success
- DR Instruments Inc Expands Lab Apparel Line with New 100% Cotton Lab Coats for Adults and Youth
- Visa Named Title Sponsor of Ascending Athletes' Business Owners Summits for NFL Entrepreneurs
- The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
- Powerhouse Dynamics to Showcase Groundbreaking OilSmart by Open Kitchen® Solution at National Restaurant Association Show
- $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD