According to Mason Stevens, the partnership represents a “significant milestone” in the company’s strategic focus on UHNW clients. According to the company, this partnership is contributing towards “the strengthening [of] its reputation the platform of choice for Australia’s most sophisticated private wealth managers and their clients”.
Mason Stevens as a company provides integrated wealth platform technology that “uniquely focuses on investor portfolio outcomes”.
Founded in 2010, the company has circa $9 billion of assets on platform.
GloryHouse, which was founded earlier this year by Garth Hu and Cathy Ding, offers independent advice services to UHNW family offices and investors.
“The firm provides a wide range of bespoke wealth management solutions, including personalised investment strategies, tax and estate planning, second-generation advice, philanthropy, and private client advisory services,” Mason Stevens stated.
“We are thrilled to welcome Garth and Cathy to the Mason Stevens platform,” said Tim Yule, CEO at Mason Stevens.
“Their decision to partner with us reflects the growing demand for sophisticated, client- focused wealth management solutions within the ultra-high-net-worth advisory community.”
“This partnership underscores our commitment to providing premium tailored solutions, advanced technology and exceptional service to clients who expect nothing but the best.”
Mason Stevens’ integrated wealth technology platform, combined with its personalised Outsourced CIO (Chief Investment Office) service and range of investment solutions, offers a potential option for independent advisers working in the UNHW sector, according to the company.
Hu, founder and CEO at GloryHouse, said: “We wanted a platform that could handle the complexity of our clients’ portfolios while giving us flexibility.
“Our partnership with Mason Stevens allows us to deliver institutional-grade capabilities while maintaining the independence and personalised service that our clients value most.”
Ding, Founder and managing partner at GloryHouse concluded: “Mason Stevens’ architecture will allow us to curate best-in-class solutions for every client. It’s an exciting step forward in the evolution of our business.
“Their commitment to innovate and their understanding of the unique needs of our clients gives us confidence that we’ve found the right platform to partner with.”
Mason Stevens stated it would continue to invest in “cutting-edge solutions, seamless integration, and the unparalleled service provided to its clients”.
