Blockchain
Newman Jiang Expands Its Retail Client Business in Chongqing
Chongqing, China–(Newsfile Corp. – November 7, 2022) – Newman Jiang has announced that it will expand its retail client operations in Chongqing. The global wealth management firm is expanding its offering to take on more retail clients, in addition to continuing to provide highly tailored services that address the needs of corporations and high-net-worth individuals and their families.
As a result, Newman Jiang now offers across-the-board corporate, institutional, and private retail client services for the first time.
The firm is using a focused marketing campaign to reach potential new clients and grow the number of private retail clients it currently has.
In its decade-long history, Newman Jiang has focused less on private retail clients and catered mainly to the needs of institutional investors and the very wealthy. As a result, multi-millionaires and funds, such as pensions, have enjoyed the rewards of outperformance in the markets and committed an ever-larger share of their assets to the firm.
CEO Martin Newman, who founded Newman Jiang in 2012, said: “Expanding our business further into the private retail market is another significant step in our ambitious growth strategy. Despite the general uncertainty in financial markets, retail investors have been clamoring for access to the same opportunities and the chance to benefit from the same above-average returns enjoyed by corporate and institutional investors over the past decade.”
To house the expansion of services, Newman Jiang has also announced a 10-year lease extension and increased its footprint in the HNA Poly Plaza offices in Chongqing.
“This lease extension and expansion for Newman Jiang was a strategic choice for our business as we continue to grow in both the Asian and global markets,” said Martin Newman. “Our new office space is undergoing modernization upgrades and renovations that will continue to make the location a top choice for our business and will help us add to and improve how we serve the needs of our clients for many years to come.”
“This lease extension is a direct result of our current success and a strong demonstration of our commitment to Chongqing, and South East Asia, which is a perfect geographical location to serve clients in all parts of the world,” Mr. Newman added. “Chongqing is increasingly becoming a destination of choice for financial services companies, so we wanted to ensure our offices represent our culture and belief in the city.”
With a renewed focus on increasing private retail clients, Newman Jiang will be adding to its staff numbers under the experienced management of Richard Cross, Head of Private Clients.
“The hiring process will take place over an extended period,” said Mr. Cross, “due to the low number of personal clients we individually look after, we already have the capacity to take on new retail clients without affecting the quality of service we provide to our existing clients. Over time, we will bring new team members on board, but we prefer to assimilate them slowly rather than adding a large number at once, which could upset our company culture and the excellent working environment we have developed over many years.”
Newman Jiang prides itself on the diversity of its workforce, with staff originating from all continents, in addition to local Chinese employees. “This is an exciting time for Newman Jiang,” added Mr. Cross, “and we look forward to assisting many more private retail clients.”
Newman Jiang has operated out of Chongqing since the company was founded by Martin Newman and company president Ken Jiang in early 2012, believing that developing closer relationships with fewer clients should be the priority.
For more detailed information about Newman Jiang and the expanding range of services they offer to clients worldwide, please visit https://www.njinc.com/. Contact information can also be found at https://www.njinc.com/contact-us.
Media Contact:
Grace Song- Head of Marketing
[email protected]
https://www.njinc.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143273
Blockchain
Adapt or Die: The Urgent Shift from VASP to MiCA
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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