Wednesday, 17 December 2014
Last updated 9 hours ago
Mar 2 2010 | 10:50am ET
There is a new player jumping into the already crowded mini-prime brokerage space.
Broker-dealer SecureVest Financial Group has teamed up with software firm AIM-TO to launch a mini-prime brokerage firm, which opened its doors on March 1.
According to the AIM-TO, the new venture, Alpha PB, will provide prime brokerage products and services to hedge funds and family offices.
“Private investment funds, high net worth individuals and separately managed accounts need a seamless way to integrate self directed trading activities with the disciplined investment practices of their wealth managers and private bankers,” said John Vaughan, president of AIM-TO. “By leveraging AIM-TO’s technology platform with SecureVest’s broker-dealer expertise, we are able to provide our clients with a premium service at a lower cost.”
New Jersey-based Alpha PB will target small- to mid-sized private investment funds, family offices and separately managed accounts.
“There is a need for our clients to have access to the best risk and portfolio management tools,” August Cellitti, CEO of SecureVest, said.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.