US-based financial technology platform Halo Investing has announced a strategic investment in Piton Management, the general partner of Piton Investment Management (Piton).
Established in 2015, Piton offers customised fixed-income and structured product portfolios for ultra-high-net-worth individuals, financial advisors, and institutional investors.
It is named after the climbing anchor and believes a strategic fixed income position acts as an asset allocation anchor, and stabilising clients steadily over time.
With nearly one trillion in assets under management, Piton’s institutional strength fixed income capabilities would complement Halo’s platform for protective investments.
Through the investment, Halo and Piton aim to capitalise on the increasing demand for income-based investment solutions.
Founded in 2015, Halo Investing is a financial technology platform that provides wealth technology solutions for protective investments worldwide.
Halo’s platform for protective investments, together with Piton’s fixed-income expertise, will help financial professionals tap into client demand for better financial solutions.
Halo CEO Matt Radgowski said: “We’re excited to tap into Piton’s expertise in fixed-income and structured products. By engaging Piton’s capabilities on a deeper level, we can improve the investment experience in new and innovative ways.”
Piton COO and CFO president Jim Slattery said: “We’re excited to strengthen our partnership with Halo. This partnership expands our capabilities in providing personalised investment solutions to investors, regardless of portfolio size or assets under management.”
