Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Neil Stiefel joins Etops as head of business development

Wednesday, June 08, 2016
Opalesque Industry Update - Etops, a provider of next generation wealth and asset management, has announced that Neil Stiefel joins as Partner and Head of Business Development and Member of the Executive Board.

Etops was founded in 2010. Over the last six years the company has successfully empowered wealth and asset managers to focus on their core competence: Client relationships and investments. Today Etops provides its clients with an open-architecture digital platform covering the entire life-cycle of wealth management. Today Etops’ clients manage assets in excess of CHF 20 billion.

Etops, over the past years, has been transforming its offering radically through a combination of technology and sophisticated services. Based on a thorough understanding of the wealth management industry and deep insights of client needs, Etops is developing a state-of-the art integrated technology platform automating and elevating the key processes in the wealth management value chain. The goal is to enable the leading wealth managers, family offices, multi family offices and asset managers to exceed the expectations of their clients beyond 2020.

As Head of Business Development Neil Stiefel will position the technology platform in the market, identify and realize growth opportunities and ensure that the Etops solution creates exceptional value for clients and take them to the forefront of digital wealth and asset management.

Neil joins Etops from UBS, where he started in 1990 and built an outstanding career in senior roles across global asset and wealth management. Most recently he was a Managing Director and COO Global Financial Intermediaries. Prior to that he was Head IPS Investment Funds Sales & Distribution, Co-Head UBS Pactual Asset Management and Head UBS Global Asset Management Latin America, Chief Executive Officer and Head Fund Research & Advice of Fondvest, a subsidiary of UBS, where he was partner of, prior to being acquired by UBS.

Neil Stiefel has a higher degree in business administration from the Higher School of Economics and Business Administration in Zurich.

Michael Appenzeller CEO and co-founder of Etops said: ”The fundamental transformation in wealth and asset management, driven by technological and generational change, creates a unique opportunity for Etops and our clients. For the last six years we have worked closely with very sophisticated and demanding clients in the world’s largest and most competitive wealth management market. We have gained exceptional international expertise combining state-of-the art technology and deep wealth management experience. On the back of this we have built a unique, truly digital wealth and asset management platform. We are thrilled that Neil joins our company to help us capitalize on our technology and market presence and to help to scale our business and seize emerging growth opportunities.”

Etops is the leading independent partner of choice for some of the leading family offices, multi family offices, wealth managers and sophisticated asset managers for business critical investment, middle office, reporting, system solution outsourcing, data management and business projects. As of end 2015 Etops’ clients managed assets in excess of CHF 20 billion. Etops is headquartered in Pfaeffikon SZ/Switzerland with offices in New York/USA and Bratislava/Slovakia. F

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1