Aspen is an Investment Analytics and Asset Management business, driving innovation in the field of Wealth Management.
Our mission is to:
- Truly innovate and disrupt the wealth management sector;
- By using AI to help build custom portfolios for clients;
- Within a disciplined investment process;
- Which will improve client outcomes on service, cost, performance and suitability;
- Enriching IFA relationships with clients.
Aspen Analytics is creating a platform focused on serving the IFA market, that will enable investment advisers to deliver custom investment solutions to their clients in a simple, intuitive and regulatory compliant way. The system moves away from model portfolios, to deliver more outcome focused solutions for clients, retaining the associated risk profile and achieving optimal diversification benefits. Aspen Analytics is bringing tailored portfolio solutions for clients into the digital age.
Aspen Asset Management
Harnessing the analytical data above, our Asset Management offering combines academic theory and data science to create a more balanced blend of investments for clients.
Our approach has sound academic weight, validated by long-term data, seeking to: Create portfolios that are more balanced in terms of risk than traditional equity-focused portfolios, in order to produce returns that are more reliable. From a clear, core, philosophy and following a rigorous investment process framework, we will initially have one flagship solution: All Weather.
Like many other industries, Wealth Management is changing – driven by innovation (technological and product), regulation and customer needs. It is far behind other financial service sectors in the adoption of new technology. We see tremendous opportunity, in the massive wealth management space, for major disruption in the provision of bespoke portfolio management solutions.
The technology (AI) and products (ETFs and Funds) are now there for creating custom portfolios for clients – moving away from model portfolios that dominate the market.
Aspen was formed because the industry is simply not using the technology available to provide a better solution for clients. We believe that a better solution is:
- Delivering an investment portfolio that is specific to the needs and circumstances of each individual client.
- In a way that is lower in cost than much of the Discretionary (DFM) sector is currently charging;
- Using people where they are great and AI where it is most useful;
- Enriching the experience, service and transparency for advisers and their clients.
We have a vision for the future of wealth management – please get in touch if you would like to come on the journey.
Aspen will have a highly experienced management and investment team. This will be alongside a distinguished advisory board – to challenge our views and offer guidance; to ensure we remain true to our philosophy, trusted by our clients and progressive in our outlook.
Andrew Spence – Founder
Andrew founded Aspen in 2019 – after 13 years in wealth management – in order to create an investment business that is truly innovative and provides solutions that resonate with the clients we serve. Prior to starting Aspen, Andrew was COO at Charlotte Square Investment Managers, in Edinburgh. Before that he was CIO at Optimus Capital, in London. Andrew graduated from Newcastle University in 2006 with a first class honours degree in Marine Engineering. He has unique experience in building a wealth management business, from scratch.