CreditEase Wealth Management announced on Thursday it has recently been approved by the U.S. Securities and Exchange Commission (SEC) to become a registered investment advisor (RIA). The firm may now provide advice to investors in the U.S. Speaking about the RIA process, Dr. Fan Gal, Senior Vice President and Overseas Compliance Director at CreditEase, stated:
“Becoming an RIA is built on outstanding performance of CreditEase Wealth Management targeting especially high-net-worth Chinese investors in the past eleven years. CreditEase Wealth Management provides optimal global asset allocation services to high-net-worth clients with controllable risk and expectable return.”
The news of CreditEase Wealth Management’s RIA approval comes just as the firm was named “Best Wealth Management Firm of the Year” by capital market and asset management magazine Asiamoney. CreditEase Wealth Management runs offices in Hong Kong and Singapore, both holding investment advisory licenses. The firm also has offices in Israel and North America.