Wealthica continues to bolster its digital suite of financial services.
The Montreal-based fintech this week announced the release of a Financial Advisor product, a new solution tailored for independent advisors, family wealth consultants, and Registered Investment Advisors seeking to offer more transparency and efficiency to clients.
This new offering builds on Wealthica’s existing platform, which today aggregates over $35 billion in investment assets, and gives advisors a unified dashboard to view and manage client portfolios across multiple institutions.
“Advisors have long struggled with fragmented data across banks, brokerages, and custodians,” explains Billy Kawasaki, who serves Wealthica as chief of operations.
The Wealthica Financial Advisor version “eliminates this problem by bringing it all together in one place,” he says: “It’s designed to save advisors time, enhance client relationships, and deliver a modern wealth management experience.”
Key Features of the Financial Advisor Portal include all client holdings in a single real-time dashboard; secure data sharing with “bank-grade encryption”; and visualized reporting with actionable insights.
The new Financial Advisor portal is ideal for wealth managers, financial planners, and independent investment advisors looking to modernize their client experience, according to Wealthica, helping them to streamline portfolio reviews, improve financial planning accuracy, and build client relationships through better data visibility.
Last month, Wealthica unveiled the launch of its Family Office software, which was designed to provide financial oversight for high-net-worth families, multi-generational wealth management, and financial advisors.
“Managing family wealth across multiple generations comes with unique challenges,” Kawasaki commented in March, “and our new Family Office version is designed to simplify and streamline this process.”
Prior to that, Wealthica revealed its Application Programming Interface, inviting other fintechs and banking institutions to integrate with the company’s tech. The API includes access to a network of 150 financial institutions in Canada, with the fintech claiming “robust security measures” and regulatory compliance across its offerings, among other features.
Wealthica believes the financial API launch “marks a pivotal moment for the Canadian fintech ecosystem.”
The Canadian fintech currently serves more than 65,000 users.
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