IPBS Secures IT Contract With Colorado Wealth Management Firm

Colorado based Geronimo Partners Holdings LLC replaced its IT infrastructure with a system by International Private Banking Systems, which makes wealth management software for the private banking sector. Geronimo through its subsidiary Tuus Financial LLC (Tuus) is a licensed Foreign

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Colorado-based Geronimo Partners Holdings LLC replaced its IT infrastructure with a system by International Private Banking Systems, which makes wealth management software for the private banking sector.

Geronimo through its subsidiary Tuus Financial LLC (Tuus) is a licensed Foreign Capital Depository in the State of Colorado, which offers offshore-like private and trust banking and asset management to clients from their onshore base in Colorado.

In 2001 the Colorado state legislature enacted a statute to allow “Foreign Capital Depository” private banking entities to offer private trust banking services to non US-residents, and non-US citizens in the state of Colorado. This new law in effect allows foreign investors to benefit from US political and market stability, stringent banking secrecy, and well established legal system. This new legislation protects the privacy of client assets to a level previously associated with Swiss banking.

Geronimo through its subsidiary companies Geronimo Partners Asset Management (Geronimo Asset Management) and Tuus, an International Private Bank and Trust offer investment services to high net worth private and institutional clients with individual portfolios.

“From an operational perspective, we need user friendly systems designed to support our multi-strategy investment approach” said Roland Hurni-Gosman, president and CEO of Tuus Financial IPBS. “They have built a technology platform and suite of applications which is highly regarded in the offshore private wealth management sector.

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