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”.
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