Signia Wealth registers with SEC

Financial boutique Signia Wealth has registered as an investment adviser with the US Securities and Exchange Commission (SEC) to comply with new regulations.

The move was made in response to recent changes in US rules under which investment advisers must register with the SEC if they want to provide advice to US residents.  Non-US clients are not affected by the legislation.

Under the new rules companies face increased reporting and compliance requirements. This has deterred some of the larger institutions from registering, the company said in a statement.

Registered status means that the company can provide US residents with the same investment services offered to other clients and build its US client base and assets under management.

Signia Wealth was established in March 2010 and has over £1.9bn in assets under supervision.

“The fact that we are a new and streamlined boutique wealth manager allows us to take any regulatory changes in our stride. We are prepared to do what it takes to continue to offer our boutique services to US residents,”said Nathalie Dauriac-Stoebe, CEO of Signia Wealth.


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