Aim Technology Holdings, the US affiliate of AI-based asset management platform Aim, announced on the 29th that it has expanded its headquarters from Long Island City, New York, to Midtown Manhattan. This move is a strategic move to strengthen the platform's capabilities and lay the foundation for expanding into the global asset management market.
Aim Technology Holdings, founded in 2015, is an intellectual property (IP) specialist company that oversees the development of AI asset management algorithms, software, and related IP applied to the Aim platform. Founded a year before Aim, the company currently oversees Aim's core technology foundation.
With this office relocation, Aim plans to strengthen its ties with the Wall Street financial network in New York and expand its recruitment of local development talent in the US to fully advance its AI asset management algorithm, "ESTHER." This move will pave the way for Aim to expand its global reach, including the US asset management market.
This move is part of Aim's mid- to long-term strategy to "create 10 million global wealthy individuals," which includes the goal of expanding the number of users from the current 1 million to 10 million by 2030. Aim is expanding its direct-to-customer (D2C) model, leveraging its in-house investment advisory capabilities and global investment data.
Aim CEO Lee Ji-hye said, “New York is the center of the global financial industry, and this office relocation is the starting point for us to fully attack the overseas market by combining Aim’s technological prowess and global capabilities,” adding, “We plan to use this as a bridgehead to effectively respond to domestic and international asset management demands.”
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