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Friday, December 13, 2024

London Fintech 1fs Wealth and Apex Group Announce Strategic Partnership

Global wealth intelligence provider, 1fs Wealth, has announced a strategic partnership with Apex Group, a leading financial services company, that will see the group’s clients benefiting from the latest in innovative, digital wealth management solutions. 

Headquartered in London, 1fs Wealth’s AI-driven platform enables wealth owners to consolidate their assets, control risk, manage ownership and derive insights around their portfolio through the efficient use of data. The company’s growing global client base includes wealth owners and family offices, who particularly value the platform’s ability to support succession planning. 

Apex Group is a global provider of financial services with over 13,000 employees. Its clients include family offices, business owners, entrepreneurs, c-suite executives, asset managers and next generation heirs.

Through the partnership, Apex Group clients will have access to 1fs Wealth’s digital infrastructure, which has the potential to help cut operating costs, enhance general governance and provide comprehensive business insights. One core area of focus being the platform’s ability to support the management and transfer of assets.

Peter Hughes, founder and CEO at Apex Group, said: “We are extremely pleased to announce this partnership with 1fs Wealth, which complements our existing single­-source solution and builds on our commitment to provide innovative, best in class solutions for our customers. The collaboration will allow our clients to use technology that enables cost reduction, improved risk management and value creation through operational improvement and business performance.”

Bobby Console-Verma, CEO, 1fs Wealth, added: “Our partnership with Apex Group, a highly respected leader in the field of financial services, represents a significant step forward in bringing our AI-driven wealth intelligence capabilities to wealth owners across the world. 

“Today’s wealth owners have businesses and assets that are increasingly global and complex. We are delighted to be able to provide Apex Group’s clients with wealth intelligence that provides them with complete visibility of even the most complex and diverse of asset portfolios, while supporting the succession planning process, which we know is another key concern for many families.”

1fs Wealth was named Innovation of the Year at the Wealth & Asset Management Awards 2024 and WealthTech of the Year at the UK FinTech Awards 2023. Existing investors and clients include global family offices, US venture capital firms and individuals.

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