Fideuram Intesa Sanpaolo Private Banking (FISPB), part of the Intesa Sanpaolo Group, has announced a major partnership with BlackRock, the world’s largest asset manager, to enhance its digital wealth management services. The collaboration marks a significant step in FISPB’s strategy to expand its presence in Europe, offering advanced investment solutions to a growing customer base.
Carlo Messina, CEO of Intesa Sanpaolo, described the partnership as a “perfect fit” with the bank’s commitment to innovation and growth. He said,
“This agreement aligns with our focus on the expansion of wealth management and the development of new digital solutions. With BlackRock’s expertise, we can enhance our European customer offering with cutting-edge services.”
The initiative aims to strengthen FISPB’s capabilities in brokerage, hybrid advisory, and discretionary portfolio management services, with all solutions accessible through digital platforms. By leveraging BlackRock’s extensive knowledge of global markets, advanced technology, and investment expertise, FISPB hopes to offer its clients a seamless and comprehensive investment experience.
The expansion will initially target Belgium and Luxembourg, where Intesa Sanpaolo Wealth Management already operates and has identified strong growth potential. Plans are underway to establish a foothold in these markets, with further European expansion expected in the future.
Tommaso Corcos, Head of Intesa Sanpaolo Wealth Management Divisions, expressed enthusiasm for the collaboration, noting its potential to drive growth in Europe. He commented,
“This partnership with BlackRock enables us to strengthen our digital wealth management plans while expanding into new markets. Europe offers significant opportunities for growth, and we are well-positioned to deliver innovative solutions.”
Rachel Lord, Head of BlackRock International, echoed the sentiment, highlighting the benefits of the collaboration for clients.
“We are thrilled to bring our global investment expertise and leading technology to support FISPB in the next phase of its growth. Together, we aim to deliver outstanding outcomes for investors in both established and emerging markets.”
This partnership reflects FISPB’s strategic focus on digital innovation, a move designed to appeal to the evolving needs of modern investors. With the rise of digital wealth management platforms, financial institutions are increasingly turning to technology to provide personalised, efficient, and accessible services.
The collaboration with BlackRock is expected to position FISPB as a leading player in digital wealth management, enhancing its ability to compete in an increasingly competitive market. As financial technology continues to transform the sector, the partnership highlights the importance of leveraging expertise and innovation to meet client demands and secure long-term growth.
FISPB’s efforts to integrate digital solutions into its wealth management offerings underscore its commitment to providing clients with an enhanced investment experience, tailored to the complexities of today’s financial landscape.
