Headquartered in Beijing, CreditEase provides wealth management, credit management, microfinance investment, and microcredit loan origination, it has a nationwide network covering over 100 cities and 20 rural locations.
Chinese High Net Worth Investors
Under the regulation on wealth management firms in the U.S., a qualified RIA must go through a rigorous review by the Securities and Exchange Commission (SEC), a factor the firm plays up.
«Becoming an registered investment advisor (RIA) is built on outstanding performance of CreditEase Wealth Management targeting especially high-net-worth Chinese investors in the past eleven years,» said Fan Gao, CreditEase's senior vice president and overseas compliance director.
International Expansion
The firm recently partnered with U.S. based Wellington Management to invest in pre-IPO stage companies and expanded its reach in Southeast Asia with an enhanced presence in Singapore which finews.asia reported.
With an eye on U.S. real estate CreditEase also penned an agreement with Tishman Speyer a leading global real estate developer and investment manager earlier this year. Noteworthy assets include Rockefeller Center and Chrysler Center in New York.
CreditEase Wealth Management runs offices in Hong Kong and Singapore, both holding investment advisory licenses. The firm also has offices in Israel and North America.
CreditEase Wealth Management has won approval from the Securities and Exchange Commission as a registered investment advisor. The firm can now start providing advice to investors in the U.S
http://www.finews.asia/finance/25050-chinese-fintech-gets-u-s-approval