Published by Hubbis – 13th July 2017
Credit Suisse has launched Credit Suisse Invest, a new human-led, digitally-enabled advisory solution which combines the bank’s digital private banking technology platform, a retrocession free offering and a contextualized advisory process.
The offering is available to ‘professional investors’ and ‘accredited investors’ maintaining accounts with the Hong Kong and Singapore booking centers, respectively.
The development is this product is in line with the financial services landscape moving towards increasing transparency and disclosure.
Depending on whether the clients’ requirement is for model-based strategies or tailoring a bespoke portfolio, they can choose between ‘Credit Suisse Invest Partner’, starting with minimum portfolio investment size of USD1 million and ‘Credit Suisse Invest Expert’ at USD10 million.
Clients get two transparent pricing models consisting of a flat fee, or a hybrid fee comprising a combination of flat fee and reduced brokerage fee, based on the investment value of the solution.
For the bank’s relationship managers, Credit Suisse Invest aims to provide better support in serving their clients, allowing them to have timely portfolio information, and manage their client interactions more professionally and efficiently.
Credit Suisse Invest had been introduced in the Switzerland booking centre in 2015 and has currently more than CHF45 billion of assets under contract in these advisory solutions across the globe.
