FEIFA chief executive Paul Stanfield said BlackRock’s partnership marks the “soft-close” of its partnership programme to investment houses.
“This completes our affiliations with all of the asset management heavyweights,” he said. “The investment-related affiliations agreed in the last few months, allied to those already in force, now cover all of the major bases for our members.”
He added that the body will only consider further affiliations in that area where there is a “clear and demonstrable” supplementary benefit to its members.
BlackRock’s relationship with the Federation of European Independent Financial Advisers will be led by head of regional sales team Dorian Hughes.
Tony Stenning, head of UK retail at BlackRock, said: “We are pleased to partner with FEIFA and highlight the importance of financial advice in a world where people are burdened with financial uncertainty.”
As of March, BlackRock had over $4.4trn in assets under management and 11,500 employees in 30 countries worldwide.
Last week, FEIFA announced a partnership with Bermuda based global solutions provider P2international. Stanfield said he hoped to create a “smooth” investment experience with the partnership.
Launched in 2009, FEIFA is a non-profit trade association for English-speaking IFAs based or operating on the European mainland. It has member companies operating in more than 25 European countries and alliances with over 40 companies.
