Bringing you live news and features since 2006 

MASECO Private Wealth selects Third Financial to drive business expansion

RELATED TOPICS​

MASECO Private Wealth (MASECO) has selected Third Financial’s tercero Wealth Workstation wealth management platform as it looks to enhance its client relationship management (CRM) system.

 

terecero Wealth Workstation is designed to ensure accurate, transparent investment management and high quality web reporting and is expected to offer MASECO a return on investment in 18 months.

MASECO develops and implements tax efficient global wealth and asset management strategies for US families and trusts. It specialises in cross-border US wealth management services and employs global investment solutions that are US tax efficient and compliant.

“Our clients – being US nationals, often married to non-US nationals – have very specialist requirements in order to comply with US taxes and regulation together with multi-jurisdiction custody requirements," says Josh Matthews, managing partner and co-founder of MAESCO PrivateWealth. "We needed an integrated front and middle office application to provide them with the highest quality objective recommendations and consolidated on-line reporting. With tercero, we have comprehensive portfolio management tools to offer our clients exceptional, personalised services with transparent pricing.”

Prior to selecting Third Financial, MASECO relied on manual processes and its custody providers, which involved accessing and working with up to seven separate systems. MASECO required a solution that would offer users better management and control to support increasing client volumes.

Following extensive evaluation of more than 10 vendors, MASECO selected Third Financial due to its integrated platform and the company’s ability to deploy the system around its specific requirements for US families and trusts. tercero Wealth Workstation is now live and operational at the firm’s offices in London, Zurich and Geneva. The system is currently used by all 21 staff.

tercero Wealth Workstation provides MASECO with an integrated front and middle office wealth management platform, which includes CRM, document and portfolio management and online access for clients. It additionally offers specific portfolio accounting options for its US clients.

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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