Thursday, 21 August 2014
Last updated 5 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note