PENSCO investors get access to FNEX.com
Alternative investment marketplace FNEX has teamed up with PENSCO Trust Company to enable PENSCO clients and their advisors to access FNEX.com through their PENSCO accounts.
Through this partnership, investors and financial advisors who custody with PENSCO will be able to source, review and invest in a variety of alternative investments.
Launched in September 2013, FNEX.com is a web-based platform that provides accredited investors, investment advisors, family offices and institutions access to private investment opportunities offered by investment banks and funds across the US. The distribution platform lists offerings and provides investors with the necessary tools to educate themselves on alternative investment opportunities.
“PENSCO has more than 20 years’ experience as an alternative asset custodian, thus we know that their clients have a deep understanding and interest in alternative investments,” says Todd Ryden, CEO of FNEX. “This partnership will allow their clients access to more resources to facilitate research, due diligence and investment, all through a single easy-to-use online destination.”
PENSCO has more than USD10bn in assets under custody and 50,000 client accounts. In addition to serving individual investors, PENSCO works with registered investment advisors (RIAs), financial planners, family offices, accountants, attorneys, and others seeking a self-directed IRA custodian for their clients. PENSCO provides investors and advisors with a suite of custody services for direct investments in real property, private equity, notes, precious metals and other assets not traded on public exchanges.
“FNEX.com is an outstanding and user-friendly resource that will help lead the way investors’ access and engage in the alternatives marketplace,” says Brad Walker, product manager at PENSCO. “We are thrilled to join forces with FNEX on this in order to offer our clients more ways to identify, review and invest in a full range of alternative assets.”
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