Home Alts News Another Broker-Dealer Selects Altigo for Alternatives Platform

Another Broker-Dealer Selects Altigo for Alternatives Platform

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Newbridge Securities Corporation, a broker-dealer and investment banking firm, has selected Altigo as its “technology solution” that all its affiliated registered representatives and advisors will use when allocating to alternatives.

“We look forward to Altigo setting a new standard of service for our affiliated registered representatives and advisors as well as for their supervision,” said Newbridge chief technology officer Kurosh Golchubian. “The home office is prioritizing automation of our core capabilities to up our service game and to stay in sync with rising demand for digital-first solutions. Straight-through processing provides reduced regulatory risk and the satisfaction of knowing that submissions will be in good order the first time, giving our supervisors more time to supervise rather than micromanage paperwork.”

Newbridge joins Altigo’s community of more than 300 sponsors, broker-dealers and registered investment advisors that utilize the platform.

“We’re excited to know that Altigo’s transformative technology will provide an enterprise solution for Newbridge’s home office in addition to being a time-saving tool for their affiliated registered representatives and advisors,” said Altigo and WealthForge chief executive officer Bill Robbins. “Placing the firm’s Alts program under one roof while still routing transactions through the same supervision systems Newbridge normally uses will simplify, centralize, and de-risk suitability review and other key compliance requirements.”

Newbridge Securities Corporation and Newbridge Financial Services Group, Inc. provides full-service securities brokerage and investment advisory, and investment banking services. Newbridge Securities Corporation is an SEC-registered broker-dealer and a member of FINRA and SIPC. Newbridge Financial Services Group, Inc. is an SEC-registered registered investment adviser.

Altigo is an open network alternatives subscription technology used by a community of 300+ sponsors, broker-dealers, and RIA firms. The platform enables secure electronic alternative investment transactions between asset managers, wealth advisors, custodians, and transfer agents.

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