AMWatch

Wealth manager rakes in clients from large banks

Secure Spectrum seeks to multiply its bottom line ninefold by capturing private banking clients from the established major banks. The wealth manager uses external managers, meaning it always has replacements waiting in the wings, should one fail to perform.

Jan Grænge, CEO and Partner, Secure Spectrum | Photo: Niels Hougaard/ERH

Half a year has passed since Secure Spectrum was created through a merger, and now the Danish wealth manager is ready to utilize its new capacities on its home market. This involves direct competition with banks on the lucrative private banking market.

"People used to have extremely high faith in their banks. But I can only say that has changed," says CEO and Partner at Secure Spectrum Jan Grænge.

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