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December 11, 2014updated 04 Apr 2017 1:50pm

International Wealth Platform Acordias rebrands as Ardan International

Acordias, the Isle of Man-based global wealth platform, has rebranded as Ardan International right after UK wealth management firm Rowan Dartington announced the platform's acquisition.

By Valentina Romeo

Acordias, the Isle of Man-based global wealth platform, has rebranded as Ardan International right after UK wealth management firm Rowan Dartington announced the platform’s acquisition.

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The rebranded name, which means ‘platform’ in Manx, will be effective immediately as the firm also launches its new services and website.

"Since the acquisition of the platform by Rowan Dartington there has been a significant investment into the business," said Trevor Cheal, Ardan International’s chairman.

Due to the new deal, the platform has increased the range of funds available to over 30,000, with 70,000 lines of stock across all the major global markets, the firm said.

Ardan International’s open architecture wealth platform also provides factsheets, research and market commentaries that aim to allow financial advisers to fulfil their clients’ requirements

John Garland, head of Corporate Financial Services with the Department of Economic Development in the Isle of Man, added: "Ardan International is a key business in the financial services sector here in the Isle of Man. We always welcome successful organisations like Rowan Dartington when they invest in our home-grown businesses and provide them with the means to expand both nationally and internationally."

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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