LarrainVial and inCadense Partner on Wealth Management Infrastructure in Latin America
LarrainVial and inCadense have partnered to enhance wealth management infrastructure across Latin America. The collaboration aims to support the industry's shift towards fee-based wealth solutions.
SANTIAGO, Chile – LarrainVial and inCadense have announced a collaboration aimed at advancing the next generation of wealth management infrastructure throughout Latin America. The partnership will integrate LarrainVial's regional distribution leadership with inCadense's international platform for Separately Managed Accounts (SMA), Unified Managed Accounts (UMA), and multi-currency managed accounts.
This strategic alliance is designed to support the ongoing transition within the financial industry towards fee-based wealth management models. This shift represents a move away from traditional commission-based structures towards services where fees are tied to assets under management, potentially increasing transparency and client alignment.
LarrainVial, a significant player in the Latin American financial sector, brings its extensive regional expertise and market access. inCadense contributes its technological capabilities and experience with global managed account solutions.
The initiative seeks to establish a more robust and scalable framework for delivering wealth management services. The objective is to cater to the growing demand for sophisticated and streamlined investment offerings in the region.