After expansive growth in both client base and product offerings, Addepar is pleased to announce “the continued growth of their European presence.”
The opening of their London office “follows last year’s expansion in Edinburgh.”
CEO Eric Poirier said:
“We’re excited to see this addition to our office locations as we grow and scale around the globe. We now have six offices across three different countries and a client presence in more than 30.”
Peter O’Brien, Global Head of Sales for Addepar, remarked:
“While the London office will initially support the commercial team, focusing primarily on sales and client service, there will be opportunities for others to join as we expand. There has been a lot of energy and interest in what we’re doing. This expansion allows us to address a growing local need and we believe we have the talent in place to jumpstart that growth.”
Additional global coverage will help the firm continue to serve their clients – “those in the wealth management, asset management and investment management industry – who are committed to offering superior service and data-enriched investment insights to their clients.”
This need is particularly key “during times of market uncertainty and challenging global macroeconomic trends.”
According to Addepar, they chose London because:
- Talent – Known for a savvy, sophisticated and client-centric talent pool, London offers rich opportunities for Addepar to attract top talent, as well as for exceptional talent to join a fast-growing global firm.
- Industries – London is a well-known global investment hub with a large number of corporate, enterprise and wealth management firms seeking to optimally serve their clients’ complex portfolios.
- Location – London’s long-standing commitment to innovation, finance and global commerce makes it an excellent locale for an international sales office.
Addepar’s new office is “located at 23 Bedford Square, in the heart of London and just steps away from iconic locations, such as the British Museum.”
O’Brien added:
“Bedford Square is a short walk to Mayfair, where many of our clients are based. This office allows us to be close to our existing client base while also accommodating the staff that we’re scaling and growing,”
As noted in the update, the team is pleased to take this important step “toward growing [their] presence in the European market and will continue to add to the great talent that already exists in our UK teams.”
They now look forward to continuing to enhance their service “to private client investment managers, wealth advisors, private banks, family offices and clients around the globe.”
As covered, Addepar is “a software and data platform that is purpose-built for professional wealth, investment and asset management firms to deliver outstanding results for their clients.”
More than 800 firms “trust” Addepar “to unlock more informed, data-driven investing and advice.”
With client presence in more than 30 countries, Addepar’s platform “aggregates portfolio, market and client data for over $4 trillion in assets.”
In addition to a range of products and features, Addepar’s open platform integrates “with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases.”
Addepar embraces “a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, England and Edinburgh, Scotand.”