Since the beginning of the year, FinecoBank's net funding has reached 1,012 billion (+41%). The February figure reached 609 million (+33%), of which 145 million in assets under management, 235 million in assets under administration and 229 million in direct deposits. This was reported in a note, specifying that for the year "the collection mix is confirmed to be consistent with the greater volatility recorded on the markets".
In addition, “year-to-date funding through the network of personal financial advisors amounted to €962 million, up 42% on the same period of 2017”.
CEO and managing director Alessandro Foti said that “February once again records solid inflows, confirming customer satisfaction with the offer model based on quality services at correct pricing. The figure is part of two trends that see Fineco effectively riding the phase of change in the demand for financial services by customers. On the one hand, the demand for professional and qualified management of one's assets, on the other the growing digitization of Italian families".
