Italian banking group Intesa Sanpaolo has expanded its European wealth management arm following the launch of its financial advisor network in Central and Eastern Europe.
The new model is already operating in Hungary and Slovakia and will be extended across the region as well as Egypt.
According to Intesa Sanpaolo, it plans to recruit around 1,200 advisers to the platform within the next four years, in keeping with its 2026-2029 business plan.
The new model will feature “technological platforms, such as BlackRock’s Aladdin Wealth, and sophisticated risk analysis models, with the aim of supporting clients across different market conditions”, according to a statement.
“Our goal is to further enhance the level of service and personalisation in Central and Eastern European markets and in Egypt, leveraging the expertise of our local distribution networks and supporting clients in their financial decisions,” said Paola Papanicolaou, chief of Intesa Sanpaolo’s international banks division.
