Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA) with more than 100 offices across the country, has announced its expansion into direct-to-consumer digital wealth services.
Arete recently signed a technology licensing agreement with FusionIQ, an award-winning leader in the delivery of cloud-based digital wealth management technology solutions. FusionIQ’s technology solution coupled with DriveWealth’s custody and clearing services will launch Arete Investments (AI), a direct-to-consumer digital wealth platform.
In addition to stocks, bonds, mutual funds, ETFs, money managers, and customized investment strategies in both brokerage and advisory environments, Arete Investments also enables consumers access to Arete’s bespoke alternative investment platform, which currently features more than 60 offerings from dozens of sponsors including artwork, hedge funds, private equity, venture capital, real estate, and more.
This marks Arete’s first-ever expansion into the direct-to-consumer market. With the inclusion of its alternative investment platform, Arete Investments clearly distinguishes itself from other self-directed offerings available today.
“Arete Wealth has always been at the forefront of investment innovation, and this digital transformation reflects the natural evolution of our firm,” said Arete Wealth CEO and Founder Joshua Rogers. “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.”
“We’re excited to work with Arete as they extend their history of investment innovation into the digital domain,” said Mark Healy, Chief Executive Officer of FusionIQ. “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.”
To date, Arete Wealth has primarily serviced the needs of high-net worth investors through advisors. Now, Arete Investments brings financial services directly to a global audience while connecting both advisors and clients with these investments on a self-directed basis.
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