UK investment manager Henderson Rowe has appointed wealth solutions, clearing and custody provider GPP to provide investment management, trading and back-office support services. Henderson Rowe is committed to disrupting the UK market by providing institutional-grade investment solutions directly to private clients and sees the GPP platform as the best partner to deliver long-term value to clients.
GPP’s wealth solutions business has grown to nearly £2.5 billion in assets under management three years after its launch.
The platform is poised to see strong growth in the remainder of 2021 as wealth managers, discretionary investment managers and independent financial advisers (IFAs) respond well to its highly effective outsourcing solution, which combines cutting-edge digital technology with the established strengths of GPP’s global execution services and proprietary back office. As a single integrated platform covering the entire investment lifecycle, the platform offers GPP clients a comprehensive and flexible white label solution that can be easily modified to provide customized services.
Tom Wooders, head of clearing and wealth solutions at GPP, said: “Our Wealth Solutions platform offers a compelling alternative to the traditional administration model and its core principles – scalability, efficiency and innovation – clearly resonate with investment managers such as Henderson Rowe.
Our outsourcing solutions provide flexibility that enables managers to reduce costs, keep pace with regulatory changes, and focus on their competitive advantages. We look forward to working with Henderson Rowe to realize these advantages and support future business growth.
Art Baluszynski, Managing Director of Henderson Rowe, added: “We look forward to working with GPP and are poised to significantly accelerate growth beginning in 2022. We believe our advanced research and investment solutions, combined with GPP’s operational capabilities, will provide a highly attractive offering to existing and prospective clients.”
