Innovayte and Advyzon Launch Integrated Technology Platform for Financial Advisors
TL;DR
Advyzon and Innovayte launch state-of-the-art platform and model marketplace, giving financial advisors a unique solution for growth.
Advyzon's cloud-based platform combines portfolio management, performance reporting, trading, rebalancing, and more to empower financial advisors.
The partnership between Advyzon and Innovayte aims to push the entire financial industry forward by providing advanced technology solutions for advisors.
Advyzon and Innovayte's groundbreaking platform offers a comprehensive technology solution that combines portfolio management, customizable reporting, and access to third-party asset managers.
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Innovayte, a custody and clearing firm, and Advyzon, a comprehensive technology platform for financial advisors, have announced the launch of a unified technology solution designed to meet the diverse needs of registered investment advisors (RIAs) and wealth managers. This partnership results in the creation of Innovayte's first custodial back-end platform, which integrates a separately managed account (SMA) and model marketplace with access to third-party asset managers through Advyzon Investment Management (AIM).
According to Cat Davies, CEO of Innovayte, the new platform aims to replace outdated legacy systems and provide advisors with the tools necessary to grow and scale their businesses. The platform's features include portfolio management, customizable performance reporting, trading and rebalancing, client web portals, CRM, client billing, and SEC-compliant document storage.
Lee Andreatta, CEO of Advyzon Investment Management, emphasized the importance of this collaboration in pushing the financial industry forward, particularly in custody, clearing, and investment management. The solution is designed to serve high- and ultra-high-net-worth clients effectively through its Unified Managed Account (UMA) framework.
Key features of the platform include:
- Nucleus Model Marketplace, offering access to third-party strategists, risk models, and advisor-created models.
- Quantum Rebalancer, providing multiple rebalance and tactical trade tools, including location optimization, cash management, and tax-loss harvesting.
- Robust Trading Capabilities, featuring tax overlay and direct indexing options.
- SMA/UMA Structure, with single and multi-sleeve reporting and trading capabilities.
This collaboration represents a significant step in modernizing technology for financial advisors, offering a comprehensive, cloud-based solution that integrates various aspects of portfolio and investment management. By addressing the industry's need for more advanced technological solutions, Innovayte and Advyzon aim to empower advisors to achieve their entrepreneurial goals and better serve their clients.
Curated from News Direct
