Tidal ETF Services’ assets under administration surpass USD700m
Assets under administration (AuA) in Tidal ETF Services' Tidal ETF Trust have jumped to USD700 million.
In 2020 alone, Tidal’s AuA has increased over 30 per cent.
Tidal has facilitated the development and launch of eight unique ETFs to-date. Among its current clients are Aware Asset Management, SoFi, Advanced Research Investment Solutions (ARIS) and SP Funds. The company is looking to file additional ETFs with the US Securities and Exchange Commission (SEC) shortly.
Eric Falkeis, Chief Executive Officer of Tidal, says: “Launching and growing ETFs that will be successful involves mixing tried and true tactics with a large dose of customisation. Finding the right formula is essential, and we have the years of experience and large reputable network to help companies turn their innovative ideas into great products.”
Tidal offers a comprehensive suite of services designed to bring lasting ideas to market and help grow their AUM. These services include: strategic guidance and product planning, trust and fund services, legal and compliance support, operations support, marketing and research, and distribution support services. Clients have the option to select one or multiple service packages offered by Tidal, or to advance through the program sequentially.