Global Prime Partners (“GPP”), the wealth solutions, clearing and custody provider, is pleased to have been appointed by Ludlow Trust as its client assets administration platform. As part of Titan Wealth, a discretionary fund management business offering flexible and independent services to the asset management sector, GPP will provide Ludlow Trust with a powerful platform for growth both domestically and in new overseas markets.
GPP’s Wealth Solutions business is now approaching £2.5bn in assets under administration in three years since its launch. The platform is on course for strong growth in the remainder of 2021 as wealth managers, discretionary investment managers and IFAs benefit from its efficient outsourcing solution, combining cutting edge digital technology and the established strengths of GPP’s global execution services and proprietary back office. Operating as a single, integrated platform for the full investment lifecycle, the platform provides GPP’s clients with a comprehensive yet nimble, white-labelled solution which can be modified for a bespoke service.
Tom Wooders, head of clearing and wealth solutions, GPP, said: “Our Wealth Solutions platform offers a compelling alternative to traditional administration models and its core tenets – scalability, efficiency and innovation – are clearly resonating with our expanding client base. This partnership will enable investment and trust companies to reduce costs and keep pace with regulatory change; so they can focus on their competitive advantage. We look forward to working with Ludlow Trust to deliver these benefits and support future business growth.”