The California-headquartered fintech firm will look to capitalize on growing Asia demand for wealth management solutions with the appointment of a regional distribution head.
Executive vice president Taryn Balthazar joins in the new Singapore-based role after the delivery of the firm’s largest «robo-advice and digital self-select investing project» Balthazar will also be joined by Investcloud specialists from California to build the office.
«In addition to the team joining her from our California office, Taryn will be joined by local talent consisting of staff from my former company, Netik.» said John Wise, co-founder and CEO at InvestCloud, in a statement welcoming the hire.
Southeast Asia Expansion
The appointment in Singapore is expected to be part of a broader plan for the firm to build local teams across key markets in throughout Southeast Asia. In part, the city-state’s operations is designed to «support product delivery and development of closer relationships with key clients and partners across the region».
According to Investcloud, it currently supports over $2 trillion of assets from more than 700 clients through cloud-based digital solutions. Its clients include major banks, wealth managers, institutional investors, asset managers, family offices, asset services providers and financial platforms.
