At the WealthBriefing European Awards on March 21st, leading wealth management industry participant, WELREX, was selected as a winner in the ‘Innovative Use of Artificial Intelligence’ and ‘Most Promising New Entrant’ categories.
The annual WealthBriefing European Awards program recognizes the most innovative and exceptional firms, teams, and individuals. The awards were designed to showcase outstanding organisations grouped by specialism and geography which the prestigious panel of independent judges deemed to have ‘demonstrated innovation and excellence during the last year’.
Following its commercial launch in October 2022, WELREX has made great progress: earned revenue and controlled costs; onboarded direct clients and expanded a pipeline of prospective clients and Independent Relationship Managers; strengthened its founding team by adding experts in the Wealth Management industry; initiated strategic partnership discussions with established Multi-Family Offices; and engaged professional media partners with Thought Leadership perspectives.
The WealthBriefing Awards judges’ citations read:
Innovative Use of Artificial Intelligence
“The judges felt this winner excelled in enabling professionals to achieve more together. Their instinctive tools bridge the gap between complex technologies and practical application.”
Most Promising New Entrant
“The judges’ winner is an intuitive digital Wealth Management platform with an investment focus across traditional, alternative, and digital asset classes, including crypto. Unlike many other traditional platforms, this firm provides fully transparent fee models ensuring clients only pay for services they need. Judges stated they were excited to watch this firm in the future.”
Commenting on the firm’s success, Yevgeni Agerd, Founder & CEO of WELREX, said: “We are delighted and humbled to receive these prestigious WealthBriefing awards. They recognise the effort we have invested in creating a differentiated offering of ‘wealth management as a platform’ – an offering currently available only through WELREX. This is a decisive milestone in delivering our big vision of becoming a wealth management marketplace of choice”.
Related
WELREX reflections on Cap Gemini’s World Wealth Report 2024
Cap Gemini recently published an important and comprehensive “state of the industry” report – World Wealth Report 2024. Read the WELREX team’s perspective on the most important conclusions
“Rapid ascent for WELREX – thoughts on business models, Consumer Duty, and more”
Updated WELREX profile published by WealthBriefing following WELREX® Founder and CEO Yevgeni Agerd and Chief Marketing Officer Joe Clift interview with Tom Burroughes, Group Editor.
Data, dashboards, and digital wealth
WELREX founder and CEO Yevgeni Agerd speaks to PWM’s editor-in-chief Yuri Bender about the increasing appetite of private investors in developing countries for a hybrid digital and human advice model
2024 Investment Outlook – Rocky road ahead may be paved by the Fed’s interest rate cuts
The WELREX investment team takes a view on what’s to come in 2024
Evolving the WELREX investment process – and a practical application in China
WELREX CIO Chris Brils shares an update on our investment process and how we recently applied it successfully in China
Why is the Stock Market ignoring the Fed?
WELREX® Director shares his view on the latest meeting of the Federal Reserve
The Fed hikes rates and suggests a pause, but is still fighting the last war
WELREX® Director John Longo shares his view on the last week’s meeting of the Federal Reserve
US equities and the dollar deliver a ringing endorsement of Trump. What now?
WELREX Chief Investment Officer, Kirill Pyshkin, offers our investment outlook for 2025 with a non-consensus preference for European vs US assets, including equities, fixed income, and EUR/USD. We like Gold and CHF as a USD inflation hedge but are cautious about commodities.
WELREX included in 2024 WealthTech100 listing
Sixth annual WealthTech100 list names WELREX in their list of companies transforming the world of wealth and asset management.
Customer Experience: the next differentiator in Wealth Management
WELREX Founder & CEO Yevgeni Agerd reflects on last month’s Finovate Europe 2024 event in London, at which he and Chief Digital Officer Lorenzo Caffarri demonstrated the WELREX platform. Additionally, Yevgeni articulates the next challenge that Wealth Management faces.