Independent wealth management firm Crossbridge Capital, has announced plans to launch Singapore’s first digital advisory platform for accredited investors.
Established in 2008, Crossbridge Capital is an independent wealth advisor with approximately $3 billion from entrepreneurs and families under management. The company is regulated in multiple markets and has offices in London, Monaco and Malta as well as Singapore.
The new digital platform, which is being developed in collaboration with Bambu and Pershing, a BNY Mellon company, will enable users to take control of their investments and seamlessly access and manage tailored products chosen to match their investment profile and objectives.
Management Without High Fees
In a statement the firm claims their new new digital platform will empower clients to utilise the latest technology to manage their investments in their own time and without the high fees of traditional operators.
Clients’ assets and funds will be cleared and held with Pershing, part of BNY Mellon. Being a U.S.-regulated entity, Pershing offers U.S. tax reporting as part of its suite of services; this will mean that under-served U.S. expatriate investors living in Singapore will also be able to invest on the platform, in addition to other accredited expatriates and Singaporean investors.
Bespoke Investment Solutions
«We are confident that our digital solution, will be very attractive for accredited Singaporean investors and U.S. expatriates in Singapore who are finding it increasingly difficult to access investment and savings products while living overseas,» said Charlie O’Flaherty, Partner and Head of Digital Strategy & Distribution at Crossbridge Capital.
«Our collaboration with Pershing will enable us to offer the same bespoke investment solutions to U.S. expatriates that our other high net worth clients enjoy,» he added.
