Ralph Hamers, the former CEO of UBS, has taken on a new role as an angel investor and external advisor at Arta Finance, a US-based wealth management platform that uses artificial intelligence.
Hamers left UBS in April 2023 after the accelerated takeover of Credit Suisse. Arta Finance, founded by ex-Google employees, aims to democratize asset management by allowing private individuals to invest similarly to family offices, combining financial expertise with cutting-edge technology.
The platform seeks to lower barriers to entry for investors by integrating advanced technology into financial services and eliminating high minimum deposit requirements. Arta Finance tailors its offerings to accredited investors in the United States, while maintaining accessibility and innovation.
Hamers, a strong advocate for digitalization in the financial sector, sees Arta Finance as an opportunity to collaborate with technology and finance professionals. This venture marks his first significant engagement in the financial sector since leaving UBS. He has chosen to focus on projects that genuinely interest him and foster innovation and collaboration in the industry.
Arta Finance's partnership with Hamers reflects the trend of integrating artificial intelligence and digital solutions in wealth management. The platform aims to provide personalized investment strategies using AI to enhance the user experience.
Arta Finance's mission to democratize asset management aligns with the changing expectations of investors seeking more inclusive financial solutions. The platform's low-threshold offerings cater to the demands of a modern, tech-savvy clientele.
With Hamers on board, Arta Finance is well-positioned to navigate the financial landscape and contribute to the company's growth and success.