A new online platform enables financial advisors to scale their business through greater operational efficiency
New York, NY (PRWEB) May 17, 2016
Digital wealth management technology provider Invessence has partnered with financial services firm Ladenburg Thalmann Financial Services Inc. (“Ladenburg”) to launch a self-service online investment platform called $ymbil℠. The new service enables financial advisors of Ladenburg’s affiliated broker-dealers the opportunity to reach a broader range of clients through the $ymbil℠ platform. $ymbil℠ matches clients to a diversified portfolio consistent with their personal risk tolerance, while improving advisor efficiency by automating client registration, account administration and reporting processes into a streamlined end-to-end solution.
“The next-generation investor expects their wealth management relationship to be conducted through digital channels” said Jigar Vyas, CEO of Invessence. “By pairing our technology with an industry leader like Ladenburg Thalmann, we can help advisors appeal to their current client’s children as well as tech savvy boomers with a service that better meets their individual needs.”
Philip Blancato, Chief Executive Officer and President of Ladenburg Thalmann Asset Management, said “we are partnering with Invessence because they provide us with a customized digital solution that isn’t available anywhere else.” Through the collaboration, Blancato sees the technology as a way “to empower our advisors with the tools they need to be effective and competitive in today’s environment.”
Invessence caters to large diversified financial firms with asset management, brokerage and advisory services that require the ability to customize the advisor and client experience. Their flexible technology enables firms to create their own investment portfolios, dynamic client portal and advisor dashboard.
For additional information, visit the Invessence website at http://www.invessence.com.
About Invessence, Inc.:
Invessence, Inc., provides digital wealth management technology that enables asset managers, broker-dealers and advisory firms to deliver their investment solutions at scale. It provides a dynamic user experience for both the advisor and investor by simplifying the investing process into a streamlined online solution. Invessence provides services globally.
Ladenburg Thalmann Asset Management is an SEC Registered Investment Advisory firm, established in 1982, and has over $2 billion in assets under management. Its dedicated staff of professionals has over 100 years of investment management experience, specializing in market analysis, due diligence, fund selection and asset allocation and diversification strategies. Whether for individuals, families, foundations, endowments, retirement plans or profit sharing plans, it delivers personalized strategies and a full range of investment solutions. For more information, please visit http://www.ltam.com.
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