We’re proud to partner with MASI to provide unbiased review of its internal products as well as support and training on third-party products. Our goal is to provide compliance-centric programs that help advisors minimize risk, create transparency and provide flexibility
MINNEAPOLIS (PRWEB) April 08, 2019
FactRight, LLC (FactRight), an expert diligence, support and training solutions service for firms and advisors looking for greater success with alternative investments, announced today that it is partnering with Mirae Asset Wealth Management (USA) Inc. (MAWM), and its sister entity Mirae Asset Securities and Investments, LLC (MASI), part of a prominent global financial institution, to expand their alternative investment platforms. This is FactRight’s fourth such institutional partnership in as many months.
MAWM is registered in both California and New York and offers clients both its own investment products as well as products sponsored by other firms, customizing each recommendation to client circumstances. “Every investor has a different situation and set of priorities. Combining traditional investment products with alternatives, such as real estate, private equity, and hedge funds, is a strategic technique that counterbalances the volatility in the public markets. We are dedicated to providing innovative financial management solutions that are relevant to each individual investor,” said Paul Lee, managing director at MAWM.
Despite the lack of correlation with the public markets, some advisors hold back from alternatives. Many feel overwhelmed with the broad spectrum of investment types and the accompanying regulatory and client scrutiny. Yet after the 2009 financial crisis, many investors are increasingly interested in the kind of diversification that well-managed alternatives can provide. These investors are looking for advisors carrying alternative products that show a strong risk management and compliance culture as a testament to their fiduciary principles.
“Alternative investments offer a wealth of opportunities for both investors and advisors when those products are coupled with a continuous commitment to diligence and training,” said FactRight CEO Scott Smith. “We’re proud to partner with MASI to provide unbiased review of its internal products as well as support and training on third-party products. Our goal is to provide compliance-centric programs that help advisors minimize risk, create transparency and provide flexibility.”
About MAWM and MASI:
Mirae Asset Wealth Management (USA), Inc.(MAWM), is an institutional investment manager based in Los Angeles, California. Mirae Asset Securities and Investments, LLC (MASI), is a diversified asset manager; both are integral entities of the global financial group Mirae Asset Daewoo, based in South Korea. MASI invests in commercial real estate in the United States, among other asset classes, and across all property types. MASI invests in both debt and equity and across the entire capital structure. The strong and diverse backgrounds of MASI investment professionals enable them to effectively source, execute and provide creative capital solutions to a wide range of transactions.
About FactRight, LLC:
Established in 2006, FactRight and its affiliated entities are leading providers of third-party due diligence, compliance, risk management, and specialized consulting services for financial firms looking to invest in alternative investments. Since its inception, FactRight has helped turn complex data into easily understandable and readily accessible information that companies can apply to grow and diversify through alternative investments. FactRight addresses the need for more risk management and due diligence support and training related to alternative investments while offering a safety net of protection and security for firms and advisors. The company is also committed to supporting reps and advisors in their quest for transferable, client-focused data. FactRight brings services like risk management and due diligence onto one cohesive platform to deliver real-time information and customized advice, along with training and support for reps and advisors to build confidence and fuel success with alternative investments.
Scott Smith, President & CEO
7500 Flying Cloud Drive
Eden Prairie MN, 55344