Dear MarketsFlow team and Shareholders,
I am simply over the moon to inform you that MarketsFlow is approved by SEC as a Registered Investment Advisor. Let us put this into perspective, we have been approved to serve 50 States a market worth $26 trillion plus and growing. Generally you would need plus $25M-$100M AUM to be eligible but we have been granted exemption as an Internet Only Advisor. That is a very big deal and you can say that again!
The value of our company just went a lot higher than what it was 6 months ago.
This would not have happened without the amazing drive of Ivan S, Megan C, Tim S and myself playing a tiny role in this momentous achievement by the US team.
I also want to thank our outstanding UK team in dealing with the most arduous of FCA applications. We have had a very positive technology demo session and the end is in sight as we have just delivered the final requests to them today.
We also have final queries from DFSA and expect them to be finalised very shortly.
Our focus now shifts towards the launch activities across the 3 regions post authorisation of FCA and DFSA. After gaining initial client traction and AUM, and in the next 3-4 months we will be running a much larger fundraise at a significantly higher valuation than our last round.
Finally I feel very fortunate and blessed to be able to share these game-changing news for a truly wonderful organisation – MarketsFlow. These are pivotal turning points for our ambitious firm.
I look forward to the next chapter of this mesmerising story.
Risk Warning: Any financial performance figures refer to the past and that past performance is not a reliable indicator of or forms a guarantee for future results. For detailed Risk Warning click here.
You must be logged in to post a comment.