Bybit, a leading cryptocurrency exchange, has announced the launch of its private wealth management program for brokers, opening new avenues for partners and attracting high-net-worth clients.
What the PWM Program Includes for Brokers
The Private Wealth Management (PWM) program is designed to incentivize partners and place client funds into Bybit's PWM offerings. It assists brokers in becoming agents for capital introduction into the company's private fund products.
Benefits for Brokers
Brokers participating in the program can earn commission of up to 3% on yield, depending on the assets under management (AUM). The program focuses on providing high-quality investment solutions for affluent clients and includes comprehensive support during the onboarding stage.
Broker Onboarding Process
Becoming a PWM broker involves several steps: submitting an application, introducing clients, setting up subscriptions, configuring products, and profit distribution. Brokers receive a transparent framework and support at every stage, allowing them to focus on client relationships.
The launch of Bybit's private wealth management program offers brokers a unique opportunity to enhance their services and provide affluent clients access to quality investment opportunities.