Bringing you live news and features since 2006 

First Citizens launches trust services platform via FundQuest

RELATED TOPICS​

First Citizens Capital Management has launched a platform for their wealth management business.

First Citizens Capital Management has launched a platform for their wealth management business.

The platform is designed to expand First Citizens’ existing investment offerings while gaining cost efficiencies through FundQuest’s back office and technology support services. FundQuest is a provider of turnkey managed account solutions.

The programme, called Capital Manager, combines the benefits of fee-based managed accounts with the latest web-based client services technology allowing wealth advisers to concentrate their efforts on relationship management and new client business development.

The platform features a detailed picture of a client’s financial position, the ability to outsource most administrative functions, and delivers access to sales collateral, investment research, and educational tools 24/7.

‘FundQuest has worked closely with us to integrate their services with our existing operations,’ says Britt Borders, director of the wealth advisory group at First Citizens. ‘The enhanced capabilities in the Capital Manager programme will enable us to operate more efficiently and will expand our ability to meet the needs of each individual wealth management client.’

The platform incorporates FundQuest’s investment models and a multi-manager solution which aims to provide wealth advisers with more flexibility for client portfolio management. The product breadth includes mutual funds, exchange-traded funds, separately managed accounts, and general securities.

‘We are enthusiastic about this partnership with First Citizens Capital Management says Maryanne Morrow, relationship manager at FundQuest. ‘The platform will increase the competitiveness of the managed account component of First Citizens’ investment management business while providing technology-based tools to increase the productivity of their wealth advisers.’

Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by