Arete Wealth debuts direct-to-consumer digital wealth platform

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Arete Wealth, a full-service Broker-Dealer (BD), has announced the launch of a direct-to-consumer digital wealth platform.

This bold move aims to diversify the firm’s offerings and broaden accessibility to investment options for a wider audience.

The newly launched Arete Investments (AI) stems from a collaborative effort involving Arete Wealth, FusionIQ, and DriveWealth. This innovative cloud-based digital wealth platform extends beyond conventional investment avenues.

It provides consumers with access to a wide array of investment instruments encompassing stocks, bonds, mutual funds, ETFs, and personalised investment strategies in both brokerage and advisory environments.

Notably, Arete Investments introduces a bespoke alternative investment platform offering over 60 diverse options across various sectors like artwork, hedge funds, private equity, venture capital, and real estate.

The WeathTech firm has established itself as a prominent player within the financial services domain. With an extensive network comprising over 100 offices spread nationwide, the firm caters to diverse investment needs, traditionally focusing on high-net-worth individuals through its advisor-centric model.

Arete Wealth CEO and Founder Joshua Rogers, said, “Arete Wealth has always been at the forefront of investment innovation, and this digital transformation reflects the natural evolution of our firm. This exciting step into the digital consumer wealth space allows us to expand our reach in a modern way while retaining what makes us unique: our elevated approach to presenting both traditional and alternative investment products.”

Mark Healy, Chief Executive Officer of FusionIQ, said, “We’re excited to work with Arete as they extend their history of investment innovation into the digital domain. At FusionIQ, we’re delivering flexible technology solutions to power a diverse spectrum of investment opportunities. Empowering investors – be they high-net worth or direct retail – to navigate the digital investing landscape with unwavering confidence is key to success, and this transformation takes place at a critical juncture as more firms commit to becoming digital wealth leaders.”

Arete Wealth Chief Operating Officer David Levine, said, “Arete Investments will bring our curated list of special investment products to a whole new group of investors. For decades, large pools of smart money like institutions, pensions, and endowments have utilized alternative investments to construct portfolio strategies. Our AI offering democratises access to alternatives for retail investors.”

It is expected that this won’t be Arete’s last announcement regarding its direct-to-consumer expansion, with many more anticipated over the coming weeks.

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