We find ourselves switching between online and offline, now mostly able to combine the two as we please. Navigating clients’ financial matters requires both, too, so having the right tools is leveling up your positions in the market.
Below, we offer our picks from the array of platforms and instruments for financial advising and wealth management. See what Fintech has on offer, find an app for yourself, or decide how to gauge your product to serve your clients best.
Platforms for financial advisors and wealth managers
Badge earned: AdvisorEngine received Best On-Boarding in Wealth Management Technology at the 2017 Family Wealth Report Awards.
A pioneer of the digital wealth management frontier, AdvisorEngine created a full-package platform for financial advisors and wealth managers. A suite serves to elevate the experience at all levels (advisor, business operation, and client) and throughout the user’s professional journey (brand building, expanding the client base, and scaling processes while retaining accuracy and personalization).
Badge earned: Mirador’s advisor-client portal Gateway is the winner of the FinTech Breakthrough’s Wealth Management Innovation Award 2022.
Mirador provides technology expert services, financial reporting, middle office services, and offers a highly functional communication portal for financial advisors and their clients.
From design to operation, the platform orchestrates your client system with the highest-standard security. An intuitive interface and an array of tools will help you guide your clients through financial matters in a smart and personalized way.
While backing wealth managers and financial advisors with technology and teams, the company also serves endowments and foundations, families and family offices of substantial wealth.
Badge earned: Best Outsourcing Solution (winner) and Best Global Custodian To Private Client Businesses (highly commended) according to WealthBriefing European Awards 2020.
Multrees, an Edinburgh-based company, simplifies business operations for wealth managers and advisory businesses among others. The firm’s service list boasts digital platform technology, global custody and execution and investment administration solutions.
From multi-channel market coverage to world-class cost analysis reporting, Multrees execution services uphold your flexibility and control. Global Custody platform covers multiple asset types, jurisdictions and currencies, securely and full-service. Finally, Multrees ensures investment administration is adjusted to your business model so that your clients get seamless experience.
Financial research & communication tools
While online platforms often provide options to manage time and tasks, follow the markets and communicate with clients, you might want an additional solution. Below, we list a few apps that you can adopt for your professional and personal needs.
Schwab Mobile from The Charles Schwab Corporation
No login or subscription is required.
Use Schwab Mobile to get market updates from the Schwab Center for Financial Research, delivered several times a trading day. A multi-source compilation of articles from popular and reputable media forms an insightful and informative news feed for financial services experts.
Although the app was created for Schwab’s retail clients, it’s a fitting pick for advisors and wealth managers who want to keep up with the markets daily.
This app has a Schwab “sibling” — Schwab Advisor Center Mobile. This one will be useful if you’re an independent advisor who wants to monitor and manage client accounts wherever you are.