Alpha PB, a division of SecureVest Financial Group, will use J.P. Morgan Clearing as custodian and clearing agent beginning 1 June 2010.
Alpha PB provides front-end execution, portfolio management and a risk management platform supporting a wide range of assets including equities, options, fixed income and futures products.
Alpha PB delivers services to small and mid-size private investment funds, family offices and separately managed accounts that need to become more proactive in managing market, execution and counterparty risk.
"There is a need for our clients to have access to the best risk and portfolio management tools," says August Cellitti, chief executive of SecureVest. "This enhances our broker-dealer services to include technology to provide key intra-day risk and operational management tools that complement and elevate our expert client service."
"We have developed a unique way to integrate self directed trading activities with the disciplined investment practices of wealth managers and private bankers," adds John T. Vaughan, president of Aim-To, a technology partner for SecureVest. "By leveraging an enhanced technology platform with SecureVest’s broker-dealer expertise, Alpha PB provides clients a premium service at competitive costs."
