Park Cities Asset Management Embraces Technology to Transform Asset-Based Lending for Wealth Managers

Park Cities Asset Management: A Leap Forward in Asset-Based Lending



Park Cities Asset Management, a frontrunner in innovative asset-based lending (ABL) solutions, has made a significant move by incorporating the cutting-edge platform SUBSCRIBE into its operations. This strategic decision highlights the firm’s commitment to leveraging state-of-the-art technology to enhance services for wealth managers and independent Registered Investment Advisors (RIAs). The integration of SUBSCRIBE is anticipated to radically streamline and digitize the investor onboarding process, cultivating a more efficient investment experience for both wealth managers and their clients.

The Growing Landscape of Asset-Based Lending



In the rapidly evolving private credit sector, asset-based lending is emerging as a compelling option, showcasing consistent potential for diverse returns. As the U.S. market for private credit is estimated to be around $20 trillion, ABL, secured by tangible assets, becomes increasingly vital for funding across various global economic facets, including residential mortgages, consumer credit, and commercial finance.

By adopting SUBSCRIBE, Park Cities Asset Management is now in a prime position to engage potential investors effectively, showcasing the benefits of its distinctive lower middle market ABL capabilities.

Enhancing the Client Experience with SUBSCRIBE



Renowned for its ability to simplify and speed up investor onboarding, SUBSCRIBE aims to eliminate the complexities and delays often experienced in traditional investor engagement practices. The introduction of this platform means that Park Cities’ clients will enjoy:

  • - Streamlined Onboarding: A more expeditious and efficient client engagement process.
  • - Enhanced Communication: Improved communication pathways foster stronger client relationships and boost transparency.
  • - Access to Unique Offerings: Investors gain simplified access to Park Cities' innovative lower middle market ABL capabilities.
  • - Improved Data Management: Enhanced data management ensures secure and efficient handling of sensitive client information.

A Message from Leadership



Alex Dunev, Managing Partner at Park Cities Asset Management, expressed enthusiasm about this integration, stating, “We are excited to integrate SUBSCRIBE into our fundraising process. This adoption signifies our commitment to delivering superior service and granting private credit investors access to pioneering financial solutions. It aligns seamlessly with our mission to provide exceptional value and performance through innovative technology.”

Strategic Advantages for Wealth Managers and RIAs



Park Cities’ adoption of SUBSCRIBE is particularly set to benefit wealth managers and independent RIAs by enabling:
  • - Faster Client Engagement: The onboarding process is designed to be quicker and less encumbered by paperwork.
  • - Stronger Relationships: Enhanced communication tools foster better relationships and greater client satisfaction.
  • - Access to Specialized ABL Opportunities: Direct access to Park Cities’ exceptional offerings in the lower middle market ABL landscape.
  • - Efficient Data Handling: An improved, secure platform for managing client information, which is critical in financial services.

Conclusion



As Park Cities Asset Management forges ahead with the adoption of SUBSCRIBE, it sets a new standard in the asset-based lending sector. This strategic move not only enhances operational efficiency but also focuses on enriching the overall client experience for wealth managers and RIAs. This forward-thinking approach positions Park Cities as a competitive leader in the evolving landscape of private credit and asset-based lending.

For more information about Park Cities Asset Management, visit their website or contact their team via email.

Topics Financial Services & Investing)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.