Gibraltar-based IIG Financial Services has awarded a mandate to RBC Investor Services to provide the private wealth manager with custody and foreign exchange services.
RBC Investor Services will accompany Gibraltar-based IIG Financial Services as it moves from a private banking custody model to a global custody model in support of their planned growth and as an integral part of their client acquisition strategy. The account will be serviced in the United Kingdom.
Gerald Rodriguez, COO, IIG Financial Services, said: From the outset, we have appreciated RBC Investor Services consultative approach and advice on aspects such as operational and risk management. When considering adopting a global custody model we were further convinced by their demonstrable expertise and understanding of the wealth management sector.