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Rating:WisdomTree Triples Profit, and Pulls a Back-Office Switcheroo Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 28, 2013

WisdomTree Triples Profit, and Pulls a Back-Office Switcheroo

News summary by MFWire's editors

WisdomTree [profile] gained kudos last week after announcing a tripling in quarterly profits, but the most surprising bit of news, according to Barron's, may be the firm's decision to switch back-office providers: from BNY Mellon [profile] to State Street [profile.

WidsomTree executives said the move should save the company $1.5 million per quarter. 

Edited by: Tommy Fernandez


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