GFM is an approved money manager for accounts at Saxo Hong Kong.
Saxo accounts can now be opened paperlessly online: https://www.home.saxo/en-hk/accounts/openaccount?acccounttype=classic
We still need to send you a separate authorization form the trading permissions for GFM to act as your account’s money manager.
Clients generally choose Saxo over IBKR for one of two reasons:
- Preference to have their assets at a non-US firm, or
- Investment objectives focused more around bonds and likely to benefit from Saxo’s better bond trading platform, or
- For non-US trust accounts like HK ORSO or UK SIPP accounts
Saxo also has an office in the Landmark building in downtown Hong Kong, which many find convenient.