Creating a Frictionless Global Investment & Wealth Management Ecosystem
Part II of our Strategy Series with Ethos Chief Global Strategist, Stephen Corliss
In case it isn’t clear yet, Ethos is about much more than building a next generation Universal Wallet for cryptocurrencies. While our wallet technology is the centrepiece of our platform — combined with Fiat Gateway, it actually serves as the heart for something much greater. Today we’re excited to make several important announcements to help framework our unique approach, as part of our continuous effort to deliver on our mission to democratize wealth and make the cryptocurrency and traditional markets safe and accessible for all.
Ethos believes that the best way to achieve our mission is to deliver a unified and global multi-asset wealth solution, that seamlessly connects consumers with investment advisors, wealth managers, broker dealers, custodians, digital asset exchanges, merchants and developers via the Ethos Platform.
As part of this effort, Ethos felt it was essential to form an Investment Committee, whose primary objective would be to oversee the creation of a frictionless Global Investment and Wealth Management Ecosystem. The committee’s mandate is a multifaceted program focused on locating the best partners for the Ethos Platform, including all essential aspects of the investment process.
To this end, one of the first actions taken by the “Ethos Investment Committee” was to launch a Global Strategic Partner Program in our search for additional strategic partners offering Investment Manager and Advisory Services & Technology — to provide essential investment services to our global user community as part of Ethos’ mission to unlock the New Economy on a global scale.
Partners through this program will also be expected to enhance, support or advance Ethos’ own development of a transformative next-generation robo-advisor or “Cognitive Advisor” offering, which will also be offered through a dynamic partnership.
We’re excited to continue to progress these efforts forward on all fronts as we move closer to delivering a powerful new financial ecosystem.
What is the Ethos Investment Committee?
The Investment Committee (IC) is an essential element of Ethos’ overall vision, as it will provide ongoing governance over every aspect of the Ethos Platform to ensure we maximize benefits to the entire Ethos Community. The IC will initially focus its attention on securing strategic partnerships covering specialist financial service partners including, Investment Management & Investment Advisory, Custody and Clearing, Merchant Services, KYC, Liquidity, and AI & Investment Data Vendors. Although much of this work has been ongoing for months now, we felt it was important to add a proper governance structure over all of these efforts to ensure full optimization of all the products and services to be offered on the Ethos Platform.
Why is this important to the Ethos Platform?
As a financial ecosystem, Ethos must build an infrastructure that supports the critical aspects of a capital market system. Rather than build this structure with a top-down approach, we have chosen a bottom-up approach that begins at the foundation, with you, the retail consumer. From an investment perspective, the next layer in the stack involves the portfolio construction and management layer, which are processes performed by Investment Managers or Investment Advisors.
What is an Investment Manager?
An investment manager is a person or organization that makes investments in portfolios of securities on behalf of clients, in accordance with the investment objectives and parameters defined by these clients.
What is an Investment Advisor?
An investment advisor is defined by the Investment Advisers Act of 1940, as any person or group that makes investment recommendations or conducts securities analysis in return for a fee, whether through direct management of client assets or via written publications.
Chief Global Strategist
Ethos is a people-powered blockchain platform harnessing the power of design, technology and social intelligence to create breakthrough solutions that enable everyone to participate in the New Economy — putting the power back in the hands of the people, where it belongs.