The growing number of clients seeking optimal solutions for their investment portfolio requires continuous expansion of our research capabilities and expertise. Preferred Partners’ long-term development strategy includes a plan to launch a new AI focused product for brokers expanding the company’s offering with a new segment of services based on the in-house technology.
The constant development of Preferred Partners has led to a move to a larger office and new geographic region. The new Asian headquarters will be located in Taipei, Taiwan and has been specially designed to cater to the needs of dynamically growing IT department, client support, and the business advisory team.
Press Officer, Artemis Gladbach has revealed “As a global company, we work with clients around the world, and we believe that relocating our flagship office to Taiwan will help us establish ourselves as one of the leading brokerages In the Asia.
“In addition to relocating to Taipei, Preferred Partners plans to develop a network of Asian partners and local representatives to provide the best support for our clients in the Asia pacific region.”
The company cited a better regulatory and business environment and a deeper talent pool at its new headquarters as one of the main catalysts for the change in location.
Preferred Partners currently has 28 employees located in Luxembourg, including its chief data scientist, head of Institutional Trading and Chief Executive and Co-Founder David Clemence. The brokerage expects to double that number by the end of 2020 with new hires in technology, data science, marketing and sales.
“Taiwan is a place of outsized ambition and out-of-the-box thinking,” said Clemence in a statement. “It’s the perfect place for Preferred Partners to continue expanding its global business, and to fulfill its goal of becoming a world leader in Wealth Management.”
The investment analysts here uses artificial intelligence and data science to actively target undervalued companies who we believe have huge growth potential and can provide excellent returns for our diverse stable of investors.
The relocation comes on the heels of rapid growth for Preferred Partners this year. Since January, the firm has raised over $60 million in funding from a high-profile slate of investors.
Preferred Partners crafts unique and custom financial asset management products. Our blend of scientific and mathematical approaches combined with rigorous historical analysis help us to pair the most suitable investment strategies and tools with each of our clients’ portfolio. We deliver solutions and long-term returns.