#financialmobility

[investcloudinc-blog]

Wealth and millennials: how they think, spend and save, the need for a client portal.

The millennial generation – those born between the early 1980s and mid 1990s – are now either just joining the workforce, or well into their careers. As millennials gather the responsibilities of adulthood, financial and wealth management products come with the territory – this is the essence of financial mobility. Not surprisingly the wealth industry is paying close attention to this coming generation.  Millennials are looking for a financial institution that will provide a first class client portal, client communication, client reporting, advisor portal, financial mobility, and digital platform

Possibly the most studied segment in history, millennials have been variously labelled as narcissistic, entitled, tech-savvy and ethically conscious. Their relationship with financial institutions is well documented. The financial crisis and subsequent scandals created a general feeling of distrust toward the industry, but millennials have started to emerge as the largest client opportunity in the coming years. In order to capitalize on the opportunity, wealth and asset managers must adapt to successfully serve this complicated and fiscally important generation. This generation specifically wants to the following tools: client portal, client communication, client reporting, financial mobility, advisor portal, and digital platform.


The growing millennial impact

Last year 40 percent of the global adult population were under 35 years old. Today they account for US $1.3 trillion in direct consumer spending in the US. This figure will balloon over the next decade as the millennial generation is projected to account for 75 percent of the workforce by 2025  (source: Bank of America Merrill Lynch).  


Three trends will dictate how this population will acquire and use their wealth. 


First, as the current 18-34-year-old cohort enter prime earning years, their liquid assets will increase substantially.

Second, these younger generations are seen to be more entrepreneurial than their parents, which should accelerate the increase of their available assets: Deloitte found that 54 percent of millennials have started, or plan to start, their own business – 27 percent are already self-employed.

And thirdly, millennials should benefit from a transfer of wealth from their parents, the baby-boomers, driving a future wave of inheritance that wealth managers need to prepare for.

Behavioral characteristics

So how should wealth managers adapt to serve this group successfully? Critically, you need to get a good understanding of their behaviors.

Millennials are drawn to authenticity and want this reflected in how they live, work and invest. Long-established wealth managers steeped in the traditions of stability and continuity may need to rethink their own culture and recruitment policies to connect and engage this coming generation, using a more empathetic client communication approach.

They are socially and environmentally aware, not only concerned with the state of the world, but vocal about the need for change. Which means they don’t consider profit as the sole success factor of an investment. Millennials seek out organizations and investments that prove their value with acts of social responsibility. They also seek out organizations that listen to their need for  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

Nor has the impact of the global financial crisis been forgotten. This generation was greatly affected and as a result is more cautious and conservative than baby boomers. Their caution highlights the importance of client communication and financial mobility, as well as an advisor portal that provides top tier insight.

This was also the first generation to grow up in a digital platform world, acknowledging technological innovation as a constant. They adopt early. They try out new services. They value utility. They resent friction.  And they expect a client portal, client communication, client reporting, financial mobility, digital platform, and advisor portal.

Their financial habits are like everything for them, always online first – it is their default setting.

For millennials, technology is the key differentiator that wealth managers must be aware of. Deloitte found that 57 percent would change banks for a better technology platform solution. There is no reason to think wealth managers are not under the same scrutiny to offer client portal and client reporting advancements as well as financial mobility.

Financial advisory adaptations

Based on these different behaviors, it is fair to assume millennials are not being satisfied. But the opportunity to do so clearly exists, and for wealth managers who react it will be greatly rewarding. To combat distrust, financial advisors need to focus on pricing transparency and become more communicative and open, ideally with new choices of alternative investments, markets and products. New products such as client portal, client communication, client reporting, advisor portal, digital platform, and financial mobility.

Most importantly, wealth managers need to better engage millennials digitally. The InvestCloud Digital Experience involves clients, provides an intuitive experience and is highly personalized, supporting many varied personas in order to work for each individual. Opportunities abound for wealth managers to advance the millennial client experience – not to mention to make advisor portal and other internal tools better for the management of this crucial client demographic. Now is the time to act.

To find out more about how we can help you digitally engage millennials, request a demo through our website at www.investcloud.com/Demo or call us at +1 (888) 800-0188.

#clientportal #advisorportal #clientcommunication #clientreporting #digitalplatform #financialmobility

www.investcloud.com

[clouddyinvestments-blog]

Wealth and millennials: how they think, spend and save, the need for a client portal.

The millennial generation – those born between the early 1980s and mid 1990s – are now either just joining the workforce, or well into their careers. As millennials gather the responsibilities of adulthood, financial and wealth management products come with the territory – this is the essence of financial mobility. Not surprisingly the wealth industry is paying close attention to this coming generation.  Millennials are looking for a financial institution that will provide a first class client portal, client communication, client reporting, advisor portal, financial mobility, and digital platform

Possibly the most studied segment in history, millennials have been variously labelled as narcissistic, entitled, tech-savvy and ethically conscious. Their relationship with financial institutions is well documented. The financial crisis and subsequent scandals created a general feeling of distrust toward the industry, but millennials have started to emerge as the largest client opportunity in the coming years. In order to capitalize on the opportunity, wealth and asset managers must adapt to successfully serve this complicated and fiscally important generation. This generation specifically wants to the following tools: client portal, client communication, client reporting, financial mobility, advisor portal, and digital platform.

The growing millennial impact

Last year 40 percent of the global adult population were under 35 years old. Today they account for US $1.3 trillion in direct consumer spending in the US. This figure will balloon over the next decade as the millennial generation is projected to account for 75 percent of the workforce by 2025  (source: Bank of America Merrill Lynch).  

Three trends will dictate how this population will acquire and use their wealth.

First, as the current 18-34-year-old cohort enter prime earning years, their liquid assets will increase substantially.

Second, these younger generations are seen to be more entrepreneurial than their parents, which should accelerate the increase of their available assets: Deloitte found that 54 percent of millennials have started, or plan to start, their own business – 27 percent are already self-employed.

And thirdly, millennials should benefit from a transfer of wealth from their parents, the baby-boomers, driving a future wave of inheritance that wealth managers need to prepare for.

Behavioral characteristics

So how should wealth managers adapt to serve this group successfully? Critically, you need to get a good understanding of their behaviors.

Millennials are drawn to authenticity and want this reflected in how they live, work and invest. Long-established wealth managers steeped in the traditions of stability and continuity may need to rethink their own culture and recruitment policies to connect and engage this coming generation, using a more empathetic client communication approach.

They are socially and environmentally aware, not only concerned with the state of the world, but vocal about the need for change. Which means they don’t consider profit as the sole success factor of an investment. Millennials seek out organizations and investments that prove their value with acts of social responsibility. They also seek out organizations that listen to their need for  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

Nor has the impact of the global financial crisis been forgotten. This generation was greatly affected and as a result is more cautious and conservative than baby boomers. Their caution highlights the importance of client communication and financial mobility, as well as an advisor portal that provides top tier insight.

This was also the first generation to grow up in a digital platform world, acknowledging technological innovation as a constant. They adopt early. They try out new services. They value utility. They resent friction.  And they expect a client portal, client communication, client reporting, financial mobility, digital platform, and advisor portal.

Their financial habits are like everything for them, always online first – it is their default setting.

For millennials, technology is the key differentiator that wealth managers must be aware of. Deloitte found that 57 percent would change banks for a better technology platform solution. There is no reason to think wealth managers are not under the same scrutiny to offer client portal and client reporting advancements as well as financial mobility.

Financial advisory adaptations

Based on these different behaviors, it is fair to assume millennials are not being satisfied. But the opportunity to do so clearly exists, and for wealth managers who react it will be greatly rewarding. To combat distrust, financial advisors need to focus on pricing transparency and become more communicative and open, ideally with new choices of alternative investments, markets and products. New products such as client portal, client communication, client reporting, advisor portal, digital platform, and financial mobility.

Most importantly, wealth managers need to better engage millennials digitally. The InvestCloud Digital Experience involves clients, provides an intuitive experience and is highly personalized, supporting many varied personas in order to work for each individual. Opportunities abound for wealth managers to advance the millennial client experience – not to mention to make advisor portal and other internal tools better for the management of this crucial client demographic. Now is the time to act.

To find out more about how we can help you digitally engage millennials, request a demo through our website at www.investcloud.com/Demo or call us at +1 (888) 800-0188.

#clientportal #advisorportal #clientcommunication #clientreporting #digitalplatform #financialmobility

www.investcloud.com

[investmentdigitalplatform-blog]

Wealth and millennials: how they think, spend and save, the need for a client portal.

The millennial generation – those born between the early 1980s and mid 1990s – are now either just joining the workforce, or well into their careers. As millennials gather the responsibilities of adulthood, financial and wealth management products come with the territory – this is the essence of financial mobility. Not surprisingly the wealth industry is paying close attention to this coming generation.  Millennials are looking for a financial institution that will provide a first class client portal, client communication, client reporting, advisor portal, financial mobility, and digital platform

Possibly the most studied segment in history, millennials have been variously labelled as narcissistic, entitled, tech-savvy and ethically conscious. Their relationship with financial institutions is well documented. The financial crisis and subsequent scandals created a general feeling of distrust toward the industry, but millennials have started to emerge as the largest client opportunity in the coming years. In order to capitalize on the opportunity, wealth and asset managers must adapt to successfully serve this complicated and fiscally important generation. This generation specifically wants to the following tools: client portal, client communication, client reporting, financial mobility, advisor portal, and digital platform.

The growing millennial impact

Last year 40 percent of the global adult population were under 35 years old. Today they account for US $1.3 trillion in direct consumer spending in the US. This figure will balloon over the next decade as the millennial generation is projected to account for 75 percent of the workforce by 2025  (source: Bank of America Merrill Lynch).  

Three trends will dictate how this population will acquire and use their wealth.

First, as the current 18-34-year-old cohort enter prime earning years, their liquid assets will increase substantially.

Second, these younger generations are seen to be more entrepreneurial than their parents, which should accelerate the increase of their available assets: Deloitte found that 54 percent of millennials have started, or plan to start, their own business – 27 percent are already self-employed.

And thirdly, millennials should benefit from a transfer of wealth from their parents, the baby-boomers, driving a future wave of inheritance that wealth managers need to prepare for.

Behavioral characteristics

So how should wealth managers adapt to serve this group successfully? Critically, you need to get a good understanding of their behaviors.

Millennials are drawn to authenticity and want this reflected in how they live, work and invest. Long-established wealth managers steeped in the traditions of stability and continuity may need to rethink their own culture and recruitment policies to connect and engage this coming generation, using a more empathetic client communication approach.

They are socially and environmentally aware, not only concerned with the state of the world, but vocal about the need for change. Which means they don’t consider profit as the sole success factor of an investment. Millennials seek out organizations and investments that prove their value with acts of social responsibility. They also seek out organizations that listen to their need for  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

Nor has the impact of the global financial crisis been forgotten. This generation was greatly affected and as a result is more cautious and conservative than baby boomers. Their caution highlights the importance of client communication and financial mobility, as well as an advisor portal that provides top tier insight.

This was also the first generation to grow up in a digital platform world, acknowledging technological innovation as a constant. They adopt early. They try out new services. They value utility. They resent friction.  And they expect a client portal, client communication, client reporting, financial mobility, digital platform, and advisor portal.

Their financial habits are like everything for them, always online first – it is their default setting.

For millennials, technology is the key differentiator that wealth managers must be aware of. Deloitte found that 57 percent would change banks for a better technology platform solution. There is no reason to think wealth managers are not under the same scrutiny to offer client portal and client reporting advancements as well as financial mobility.

Financial advisory adaptations

Based on these different behaviors, it is fair to assume millennials are not being satisfied. But the opportunity to do so clearly exists, and for wealth managers who react it will be greatly rewarding. To combat distrust, financial advisors need to focus on pricing transparency and become more communicative and open, ideally with new choices of alternative investments, markets and products. New products such as client portal, client communication, client reporting, advisor portal, digital platform, and financial mobility.

Most importantly, wealth managers need to better engage millennials digitally. The InvestCloud Digital Experience involves clients, provides an intuitive experience and is highly personalized, supporting many varied personas in order to work for each individual. Opportunities abound for wealth managers to advance the millennial client experience – not to mention to make advisor portal and other internal tools better for the management of this crucial client demographic. Now is the time to act.

To find out more about how we can help you digitally engage millennials, request a demo through our website at www.investcloud.com/Demo or call us at +1 (888) 800-0188.

#clientportal #advisorportal #clientcommunication #clientreporting #digitalplatform #financialmobility

www.investcloud.com

[hedgefundlearner-blog]

Wealth and millennials: how they think, spend and save, the need for a client portal.

The millennial generation – those born between the early 1980s and mid 1990s – are now either just joining the workforce, or well into their careers. As millennials gather the responsibilities of adulthood, financial and wealth management products come with the territory – this is the essence of financial mobility. Not surprisingly the wealth industry is paying close attention to this coming generation.  Millennials are looking for a financial institution that will provide a first class client portal, client communication, client reporting, advisor portal, financial mobility, and digital platform

Possibly the most studied segment in history, millennials have been variously labelled as narcissistic, entitled, tech-savvy and ethically conscious. Their relationship with financial institutions is well documented. The financial crisis and subsequent scandals created a general feeling of distrust toward the industry, but millennials have started to emerge as the largest client opportunity in the coming years. In order to capitalize on the opportunity, wealth and asset managers must adapt to successfully serve this complicated and fiscally important generation. This generation specifically wants to the following tools: client portal, client communication, client reporting, financial mobility, advisor portal, and digital platform.

The growing millennial impact

Last year 40 percent of the global adult population were under 35 years old. Today they account for US $1.3 trillion in direct consumer spending in the US. This figure will balloon over the next decade as the millennial generation is projected to account for 75 percent of the workforce by 2025  (source: Bank of America Merrill Lynch).  

Three trends will dictate how this population will acquire and use their wealth.

First, as the current 18-34-year-old cohort enter prime earning years, their liquid assets will increase substantially.

Second, these younger generations are seen to be more entrepreneurial than their parents, which should accelerate the increase of their available assets: Deloitte found that 54 percent of millennials have started, or plan to start, their own business – 27 percent are already self-employed.

And thirdly, millennials should benefit from a transfer of wealth from their parents, the baby-boomers, driving a future wave of inheritance that wealth managers need to prepare for.

Behavioral characteristics

So how should wealth managers adapt to serve this group successfully? Critically, you need to get a good understanding of their behaviors.

Millennials are drawn to authenticity and want this reflected in how they live, work and invest. Long-established wealth managers steeped in the traditions of stability and continuity may need to rethink their own culture and recruitment policies to connect and engage this coming generation, using a more empathetic client communication approach.

They are socially and environmentally aware, not only concerned with the state of the world, but vocal about the need for change. Which means they don’t consider profit as the sole success factor of an investment. Millennials seek out organizations and investments that prove their value with acts of social responsibility. They also seek out organizations that listen to their need for  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

Nor has the impact of the global financial crisis been forgotten. This generation was greatly affected and as a result is more cautious and conservative than baby boomers. Their caution highlights the importance of client communication and financial mobility, as well as an advisor portal that provides top tier insight.

This was also the first generation to grow up in a digital platform world, acknowledging technological innovation as a constant. They adopt early. They try out new services. They value utility. They resent friction.  And they expect a client portal, client communication, client reporting, financial mobility, digital platform, and advisor portal.

Their financial habits are like everything for them, always online first – it is their default setting.

For millennials, technology is the key differentiator that wealth managers must be aware of. Deloitte found that 57 percent would change banks for a better technology platform solution. There is no reason to think wealth managers are not under the same scrutiny to offer client portal and client reporting advancements as well as financial mobility.

Financial advisory adaptations

Based on these different behaviors, it is fair to assume millennials are not being satisfied. But the opportunity to do so clearly exists, and for wealth managers who react it will be greatly rewarding. To combat distrust, financial advisors need to focus on pricing transparency and become more communicative and open, ideally with new choices of alternative investments, markets and products. New products such as client portal, client communication, client reporting, advisor portal, digital platform, and financial mobility.

Most importantly, wealth managers need to better engage millennials digitally. The InvestCloud Digital Experience involves clients, provides an intuitive experience and is highly personalized, supporting many varied personas in order to work for each individual. Opportunities abound for wealth managers to advance the millennial client experience – not to mention to make advisor portal and other internal tools better for the management of this crucial client demographic. Now is the time to act.

To find out more about how we can help you digitally engage millennials, request a demo through our website at www.investcloud.com/Demo or call us at +1 (888) 800-0188.

#clientportal #advisorportal #clientcommunication #clientreporting #digitalplatform #financialmobility

www.investcloud.com

[investmentportals-blog]

InvestCloud wins double at the WealthBriefing awards Global FinTech firm impresses judges with digital client portal and client reporting capabilities London – May 12, 2017 – InvestCloud Inc., a global FinTech firm, has won two awards at the prestigious WealthBriefing European Awards 2017 in London. The firm was awarded for best client communications (client portal) and came highly recommended for the client reporting features on its digital platform. Mark Trousdale, EVP and chief marketing officer at InvestCloud, said: “InvestCloud is building up a sizable trophy rack – a true testament to the uniqueness, quality and value of our digital platform. InvestCloud is dedicated to bringing innovation to wealth management functions including client portal, advisor portals, client communication and client reporting. We are also dedicated to making our clients successful in the age of fee compression.  With digital automation firms can increase their client to advisor ratio and in turn increase their productivity.  Digital automation also improves quality and creates systematic executions and processes saving firms time and money.  Our unique digital client communication and client reporting solutions are just two of the many cloud-based and flexible capabilities we deliver to help firms battle fees and fiduciary obligations.” InvestCloud’s latest win builds on a run of award success for the firm, including two award wins at the Family Wealth Report awards for its CRM and digital client communications including client portal, advisor portal, and client reporting. The FinTech firm was also highly commended as online technology provider of the year at the FSTech awards and was named as a finalist for Best Alternative Investment Digital Platform at the Benzinga awards. Its co-founder and CEO, John Wise, is also shortlisted for FinTech person of the year at the FTF Awards. The WealthBriefing European Awards showcase best of breed providers of advisor portals, client portal, client reporting, and client communication tools in the global private banking, wealth management and trusted advisor communities. The awards recognise companies, teams and individuals which the prestigious panel of judges deem to have demonstrated innovation and excellence during 2016. Stephen Harris, CEO of ClearView Financial Media, the publisher of WealthBriefing, said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.” ENDS About InvestCloud Inc. Headquartered in Los Angeles with a global presence, InvestCloud develops first-class, financial digital solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its unique digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an ever-expanding library of digital modular apps. Some of these apps include client portals, advisor portals, client communication tools, and client reporting tools. The result? Powerful products for individual investors and institutions alike, assembled on-demand to meet clients’ specific needs. Today the InvestCloud digital platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks. For more information, visit www.investcloud.com.   #clientportal #advisorportal #digitalplatform #clientcommunication #clientreporting #financialmobility

www.investcloud.com

[hedgefunds10-blog]

InvestCloud wins double at the WealthBriefing awards Global FinTech firm impresses judges with digital client portal and client reporting capabilities London – May 12, 2017 – InvestCloud Inc., a global FinTech firm, has won two awards at the prestigious WealthBriefing European Awards 2017 in London. The firm was awarded for best client communications (client portal) and came highly recommended for the client reporting features on its digital platform. Mark Trousdale, EVP and chief marketing officer at InvestCloud, said: “InvestCloud is building up a sizable trophy rack – a true testament to the uniqueness, quality and value of our digital platform. InvestCloud is dedicated to bringing innovation to wealth management functions including client portal, advisor portals, client communication and client reporting. We are also dedicated to making our clients successful in the age of fee compression.  With digital automation firms can increase their client to advisor ratio and in turn increase their productivity.  Digital automation also improves quality and creates systematic executions and processes saving firms time and money.  Our unique digital client communication and client reporting solutions are just two of the many cloud-based and flexible capabilities we deliver to help firms battle fees and fiduciary obligations.” InvestCloud’s latest win builds on a run of award success for the firm, including two award wins at the Family Wealth Report awards for its CRM and digital client communications including client portal, advisor portal, and client reporting. The FinTech firm was also highly commended as online technology provider of the year at the FSTech awards and was named as a finalist for Best Alternative Investment Digital Platform at the Benzinga awards. Its co-founder and CEO, John Wise, is also shortlisted for FinTech person of the year at the FTF Awards. The WealthBriefing European Awards showcase best of breed providers of advisor portals, client portal, client reporting, and client communication tools in the global private banking, wealth management and trusted advisor communities. The awards recognise companies, teams and individuals which the prestigious panel of judges deem to have demonstrated innovation and excellence during 2016. Stephen Harris, CEO of ClearView Financial Media, the publisher of WealthBriefing, said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.” ENDS About InvestCloud Inc. Headquartered in Los Angeles with a global presence, InvestCloud develops first-class, financial digital solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its unique digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an ever-expanding library of digital modular apps. Some of these apps include client portals, advisor portals, client communication tools, and client reporting tools. The result? Powerful products for individual investors and institutions alike, assembled on-demand to meet clients’ specific needs. Today the InvestCloud digital platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks. For more information, visit www.investcloud.com.   #clientportal #advisorportal #digitalplatform #clientcommunication #clientreporting #financialmobility

www.investcloud.com

[investcloudinc-blog]

Apex Clearing Partners with InvestCloud to Deliver New Digital Advice Platform

Los Angeles – July 11, 2017 – Apex Clearing, an independent, full-service clearing firm and leader in the digital wealth space, has selected global FinTech firm InvestCloud as a technology partner to offer a new digital advice platform. Apex’s offering will allow FinTech startups and financial institutions alike to quickly take to market differentiated and personalized digital advisory services, using a fully featured, hyper-modular technology platform, with integrated, API-enabled custody and clearing services.

Apex already serves many leading retail-focused FinTech firms – including Betterment and Robinhood. But Apex is developing the new platform with InvestCloud to meet an underserved market need: solutions for new and established businesses that want premier custody services as well as sustainably customizable technology. This combination of Apex’s sophisticated, scalable API technology with InvestCloud’s breadth of intuitive apps and solutions will deliver even more ways for advisors to grow their business.

“At Apex, we are committed to developing solutions that empower innovation and drive growth within our clients’ businesses,” said Apex’s CEO Bill Capuzzi. “A big part of that is helping businesses distinguish themselves in the new era of digital investing – and not simply be seen as taking a ‘me too’ approach. Our new partnership with InvestCloud has allowed us to develop a highly customizable platform that does exactly that. It’s a seamless partnership between our two firms.”

John Wise, co-founder and CEO of InvestCloud, said: “Apex is the preeminent custodian and clearing firm in the digital wealth space, and we’re excited to enhance their digital offerings. Unlike most custodians’ platforms, this offering will be flexible and customizable as clients’ needs grow. And while the focus of this offering is digital advice, we’re pre-integrating our full library of over 200 financial apps to enable seamless future growth as the business scales.”

Apex will begin onboarding new clients to the platform starting later this year. InvestCloud’s flexible digital app platform supports a range of clients from independent RIAs to some of the world’s largest banks. Configuration of the apps, pre-integrated to Apex’s custody and clearing offering, enables all types of institutions to create a differentiated solution for a variety of client types.

ENDS

About InvestCloud Inc.

Headquartered in Los Angeles with a global presence, InvestCloud develops first-class, financial digital solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its unique digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an ever-expanding library of digital modular apps. The result? Powerful products for individual investors and institutions alike, assembled on-demand to meet clients’ specific needs.

Today the InvestCloud platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks.

For more information, visit www.investcloud.com.

About Apex Clearing

Apex Clearing Corporation is a leading provider of digital wealth solutions that is powering the innovation behind 21st century investing. An independent, full-service clearing firm and prime brokerage, Apex partners with financial services firms ranging from disruptive fintechs to Fortune 500 enterprise advisors to succeed in the digital age. Apex’s fully-integrated, customized solutions allow registered investment advisors (RIAs), digital advisors, fintech firms, broker dealers and full service firms to operate more efficiently, maximize profitability, give customers more control, and reach new investors. Founded in 2012 and based in Dallas with offices in New York City, Chicago and Portland, Oregon, Apex Clearing Corporation is registered with the SEC, a member of FINRA, and a participant in SIPC. For more information, visit www.apexclearing.com.

Media contact:

Rich Went

Metia Group

Tel: +44 (0) 20 3100 3580

Email: Rich.Went@Metia.com

[investcloudinc-blog]

InvestCloud to launch London FinTech incubator

Los Angeles and London – June 28, 2017 – InvestCloud Inc., a global FinTech firm, is set to

launch a financial technology incubator and accelerator at its European headquarters in

Soho, London. InvestCloud Innovation Center London will offer both new startups and

established financial firms the ability to quickly deliver digital wealth management solutions

supported by the InvestCloud digital platform.

Deputy Mayor of London for Business, Rajesh Agrawal, has praised the move by InvestCloud

to establish its latest financial technology incubator in London. The Mayor’s business chief

spoke at Innovate to the future – a view from London, an event jointly hosted by the British-

American Business Council Los Angeles and InvestCloud on Friday, June 23 in InvestCloud’s

Los Angeles Innovation Center. At the event, Agrawal highlighted the global FinTech firm’s

commitment to innovation and financial mobility.

Rajesh Agrawal, Deputy Mayor for Business, said: “InvestCloud’s decision to launch a

FinTech incubator and accelerator in the heart of our great city is further evidence that

London is open for business and innovation. As a FinTech entrepreneur, I know from

experience London is the ideal location to grow a start-up, with an unrivalled talent pool

and a time zone which overlaps with other financial centres, among many other advantages.

That is the message I took on my trade mission to the West Coast of the US last week and

I’m delighted that companies like InvestCloud continue to invest in London and recognise

our city as a global business powerhouse.”

InvestCloud was established by British entrepreneur John Wise in a Los Angeles garage in

2010. Wise had previously founded successful businesses including Synergo Technology and

Netik in both the UK and the US. In the space of seven years, InvestCloud has won 670

clients across the globe, and now supports $1.7 trillion of assets on its digital platform for

wealth mangers and financial institutions. The company specializes in digital modular apps

including client portals, advisor portals, client communication, and client reporting.

John Wise, co-founder and CEO of InvestCloud, said: “InvestCloud is a global business, and

we have a commitment to creatively drive innovation and encourage financial mobility

worldwide. This commitment is the reason behind our rapid success not just in the US, but

also in London, across Europe and increasingly in broader EMEA and APAC. The London

Innovation Center is a perfect example of this. By sharing our technology and expertise with

financial institutions and startups in the UK, and London specifically, we can help them

deliver the digital platforms their clients want.

“It’s no secret that the financial services industry is behind the curve when it comes to

digital. Many projects cost millions only to be scrapped, and the failure rates for startups are

incredibly high. InvestCloud’s Innovation Centers ensure success for these projects –

allowing teams to innovate and ideate quickly, drawing on the experience of the Innovation

Center team and the wealth of capability within the InvestCloud digital modular app

library.”

The London InvestCloud Innovation Center will follow the blueprint of the firm’s first

technology accelerator at its Los Angeles headquarters. The Los Angeles space enables

teams from banks, wealth managers and early-stage FinTech startups to undertake

‘residences’ to accelerate the development of new digital solutions and digital platforms. To

demonstrate progress, participating businesses will ‘show and tell’ their work on a weekly

basis, ensuring success in a defined timeframe.

Innovation Center members have access to their own InvestCloud Sandbox. This includes

access to the 200+ InvestCloud digital modular Apps (including client portals, advisor

portals, client communication, and client reporting), over 2,000 APIs, integrated market

data, news, financial and accounting data, a document repository and InvestCloud’s unique

method of development. The Sandbox also provides members with InvestCloud mentors

offering guidance on funding, design, build, sales and marketing, distribution and

production support. Firms working at the Innovation Center can create sub-teams from their

own organization, or use InvestCloud’s staff and external partners. Those using the

Innovation Center will be able to use InvestCloud’s Programs Writing Programs (PWP) to

self-generate lines of code and its Digital Warehouse technology to provide real-time insight

and information.

Will Bailey, Head of Europe and Innovation, said: “Our dedication to innovation is the reason

behind our rapid expansion in Europe, picking up landmark clients from wealth managers

such as MASECO, to robo-advisors including Nutmeg. By sharing our expertise, the London

InvestCloud Innovation Center means financial institutions can fulfill the needs of their

clients. It gives startups the best chance to rapidly take creative ideas and launch them to

market. It ensures success.”

InvestCloud is now accepting applications for firms to enter the 9,302-square- foot

Innovation Center for its Summer 2017 opening.

About InvestCloud Inc.

Headquartered in Los Angeles with a global presence, InvestCloud develops first-class,

financial digital solutions, pre-integrated into the cloud. By empowering investors and

managers with a single version of the integrated truth through its unique digital platform,

InvestCloud creates beautifully designed client experiences and intuitive operations

solutions using an ever-expanding library of digital modular apps. Some of these apps

include client portals, advisor portals, client communication, and client reporting. The

result? Powerful products for individual investors and institutions alike, assembled on-

demand to meet clients’ specific needs.

Today the InvestCloud platform supports over $1.7 trillion of assets across 670 diverse

clients – from wealth managers, institutional investors & institutional asset managers to

family offices, asset services companies, financial platforms & banks.

For more information, visit www.investcloud.com.

[clouddyinvestments-blog]

InvestCloud provides client portal to the City of Boston for Family Savings Program

Los Angeles and Boston – February 23, 2017 – InvestCloud Inc., a global fintech firm and digital platform, has partnered on a new program with the City of Boston and Boston Mayor Martin J. Walsh to allow families to create long-term savings plans for their children’s education.

Boston Saves, the City’s Children’s Savings Account (CSA) program, allows families to create long-term, goal-based savings plans for college, post-secondary and training education for their children. The program is being run using the InvestCloud digital platform, which allows participating families to easily and quickly access and review their savings plans online using a client portal. This client portal facilitates client communication and client reporting while increasing financial mobility and giving advisors access to an advisor portal.

"One of the best ways to close the opportunity gap facing some of our young children is to help them save for their educational future," said Mayor Walsh. "Children's Savings Accounts are a tool that every family should have access to, and with InvestCloud’s financial technology support, we’re making that a reality. Even a small amount over time can make a big difference, and I am excited for our students and families who will have this new resource to begin saving now for the future."

Through the digital platform, families will be able to track their progress, earn rewards and benefit from financial savings tips. Linking their savings and checking accounts directly to the digital platform will make it easy to transfer funds and gain a more holistic view of their investments.  The digital platform will also allow access to a client portal for enhanced client communication, client reporting, and financial mobility.

John Wise, co-founder and CEO of InvestCloud, said, “Our program with the City of Boston demonstrates the flexibility of the InvestCloud digital platform. It supports the full spectrum of wealth management, from the complex needs of family offices and high-net-worth investors, right through to the needs of normal families. While they might not consider themselves ‘wealthy,’ they can still benefit from our digital platform to help them achieve their lifetime goals and family plans.

“With a greater number of people thinking about how to organize and build their savings, the notion of wealth management is changing fast. But to effectively engage with these new demographics, a simple and intuitive solution is required that can handle massive scale efficiently. The InvestCloud approach ensures all types of wealth and savings can be supported through the digital platform.”

The InvestCloud digital platform utilizes Programs Writing Programs (PWP), a proprietary technology that generates code instead of programmers writing code. This automation allows one business analyst or designer to do the work of 50 developers and ensures updates and upgrades are dramatically simplified – negating the long lead times associated with hard-coded software solutions. It is because of this technological approach that InvestCloud’s solutions could be easily and rapidly adapted to the unique use case of Boston Saves.

The platform is also capable of processing millions of pieces of data and content – from market news to portfolio data – through its digital warehouse. This provides a complete picture of an individual’s wealth, ensures both clients and advisors are able to get a complete picture of wealth, and allows for more effective, more profitable management.  InvestCloud uses hyper modules apps to create a customized digital experience.  Some of these apps include  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

About InvestCloud Inc.

Headquartered in Los Angeles, InvestCloud empowers investors and managers with a single version of the integrated truth through its unique digital platform. Today the InvestCloud platform supports over $1.7 trillion of assets across 670 institutional customers. InvestCloud creates custom solutions for better decision-making. From Client Communications (Client Portals and Reports) and Client Management (Advisor Portals) to Digital Warehousing and Data Analytics, InvestCloud offers first-class investment platforms for successful investing that are rapid to deploy and hyper-modular. Customer segments include wealth managers, institutional investors, asset managers, family offices, asset services companies and financial platforms.

For more information, visit www.investcloud.com.

About Boston Saves

Boston Saves, the City of Boston's Children's Savings Account (CSA) program is designed to give families the opportunity to create a long-term savings plan for college, post-secondary education and training, for their children. The program utilizes an online platform created in partnership with InvestCloud that allows families to link any savings, checking or 529 account to a secure online platform that makes it easy to save, earn rewards, track progress and gain financial tips. Five Boston Public Schools currently participate in the pilot program for CSAs, with a universal rollout scheduled for Fall 2019.

#clientportal #advisorportal #clientcommunication #clientreporting #financialmobility #digitalplatform

www.investcloud.com

[investmentdigitalplatform-blog]

InvestCloud provides client portal to the City of Boston for Family Savings Program

Los Angeles and Boston – February 23, 2017 – InvestCloud Inc., a global fintech firm and digital platform, has partnered on a new program with the City of Boston and Boston Mayor Martin J. Walsh to allow families to create long-term savings plans for their children’s education.

Boston Saves, the City’s Children’s Savings Account (CSA) program, allows families to create long-term, goal-based savings plans for college, post-secondary and training education for their children. The program is being run using the InvestCloud digital platform, which allows participating families to easily and quickly access and review their savings plans online using a client portal. This client portal facilitates client communication and client reporting while increasing financial mobility and giving advisors access to an advisor portal.

"One of the best ways to close the opportunity gap facing some of our young children is to help them save for their educational future," said Mayor Walsh. "Children's Savings Accounts are a tool that every family should have access to, and with InvestCloud’s financial technology support, we’re making that a reality. Even a small amount over time can make a big difference, and I am excited for our students and families who will have this new resource to begin saving now for the future."

Through the digital platform, families will be able to track their progress, earn rewards and benefit from financial savings tips. Linking their savings and checking accounts directly to the digital platform will make it easy to transfer funds and gain a more holistic view of their investments.  The digital platform will also allow access to a client portal for enhanced client communication, client reporting, and financial mobility.

John Wise, co-founder and CEO of InvestCloud, said, “Our program with the City of Boston demonstrates the flexibility of the InvestCloud digital platform. It supports the full spectrum of wealth management, from the complex needs of family offices and high-net-worth investors, right through to the needs of normal families. While they might not consider themselves ‘wealthy,’ they can still benefit from our digital platform to help them achieve their lifetime goals and family plans.

“With a greater number of people thinking about how to organize and build their savings, the notion of wealth management is changing fast. But to effectively engage with these new demographics, a simple and intuitive solution is required that can handle massive scale efficiently. The InvestCloud approach ensures all types of wealth and savings can be supported through the digital platform.”

The InvestCloud digital platform utilizes Programs Writing Programs (PWP), a proprietary technology that generates code instead of programmers writing code. This automation allows one business analyst or designer to do the work of 50 developers and ensures updates and upgrades are dramatically simplified – negating the long lead times associated with hard-coded software solutions. It is because of this technological approach that InvestCloud’s solutions could be easily and rapidly adapted to the unique use case of Boston Saves.

The platform is also capable of processing millions of pieces of data and content – from market news to portfolio data – through its digital warehouse. This provides a complete picture of an individual’s wealth, ensures both clients and advisors are able to get a complete picture of wealth, and allows for more effective, more profitable management.  InvestCloud uses hyper modules apps to create a customized digital experience.  Some of these apps include  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

About InvestCloud Inc.

Headquartered in Los Angeles, InvestCloud empowers investors and managers with a single version of the integrated truth through its unique digital platform. Today the InvestCloud platform supports over $1.7 trillion of assets across 670 institutional customers. InvestCloud creates custom solutions for better decision-making. From Client Communications (Client Portals and Reports) and Client Management (Advisor Portals) to Digital Warehousing and Data Analytics, InvestCloud offers first-class investment platforms for successful investing that are rapid to deploy and hyper-modular. Customer segments include wealth managers, institutional investors, asset managers, family offices, asset services companies and financial platforms.

For more information, visit www.investcloud.com.

About Boston Saves

Boston Saves, the City of Boston's Children's Savings Account (CSA) program is designed to give families the opportunity to create a long-term savings plan for college, post-secondary education and training, for their children. The program utilizes an online platform created in partnership with InvestCloud that allows families to link any savings, checking or 529 account to a secure online platform that makes it easy to save, earn rewards, track progress and gain financial tips. Five Boston Public Schools currently participate in the pilot program for CSAs, with a universal rollout scheduled for Fall 2019.

#clientportal #advisorportal #clientcommunication #clientreporting #financialmobility #digitalplatform

www.investcloud.com

[hedgefundlearner-blog]

InvestCloud provides client portal to the City of Boston for Family Savings Program

Los Angeles and Boston – February 23, 2017 – InvestCloud Inc., a global fintech firm and digital platform, has partnered on a new program with the City of Boston and Boston Mayor Martin J. Walsh to allow families to create long-term savings plans for their children’s education.

Boston Saves, the City’s Children’s Savings Account (CSA) program, allows families to create long-term, goal-based savings plans for college, post-secondary and training education for their children. The program is being run using the InvestCloud digital platform, which allows participating families to easily and quickly access and review their savings plans online using a client portal. This client portal facilitates client communication and client reporting while increasing financial mobility and giving advisors access to an advisor portal.

"One of the best ways to close the opportunity gap facing some of our young children is to help them save for their educational future," said Mayor Walsh. "Children's Savings Accounts are a tool that every family should have access to, and with InvestCloud’s financial technology support, we’re making that a reality. Even a small amount over time can make a big difference, and I am excited for our students and families who will have this new resource to begin saving now for the future."

Through the digital platform, families will be able to track their progress, earn rewards and benefit from financial savings tips. Linking their savings and checking accounts directly to the digital platform will make it easy to transfer funds and gain a more holistic view of their investments.  The digital platform will also allow access to a client portal for enhanced client communication, client reporting, and financial mobility.

John Wise, co-founder and CEO of InvestCloud, said, “Our program with the City of Boston demonstrates the flexibility of the InvestCloud digital platform. It supports the full spectrum of wealth management, from the complex needs of family offices and high-net-worth investors, right through to the needs of normal families. While they might not consider themselves ‘wealthy,’ they can still benefit from our digital platform to help them achieve their lifetime goals and family plans.

“With a greater number of people thinking about how to organize and build their savings, the notion of wealth management is changing fast. But to effectively engage with these new demographics, a simple and intuitive solution is required that can handle massive scale efficiently. The InvestCloud approach ensures all types of wealth and savings can be supported through the digital platform.”

The InvestCloud digital platform utilizes Programs Writing Programs (PWP), a proprietary technology that generates code instead of programmers writing code. This automation allows one business analyst or designer to do the work of 50 developers and ensures updates and upgrades are dramatically simplified – negating the long lead times associated with hard-coded software solutions. It is because of this technological approach that InvestCloud’s solutions could be easily and rapidly adapted to the unique use case of Boston Saves.

The platform is also capable of processing millions of pieces of data and content – from market news to portfolio data – through its digital warehouse. This provides a complete picture of an individual’s wealth, ensures both clients and advisors are able to get a complete picture of wealth, and allows for more effective, more profitable management.  InvestCloud uses hyper modules apps to create a customized digital experience.  Some of these apps include  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

About InvestCloud Inc.

Headquartered in Los Angeles, InvestCloud empowers investors and managers with a single version of the integrated truth through its unique digital platform. Today the InvestCloud platform supports over $1.7 trillion of assets across 670 institutional customers. InvestCloud creates custom solutions for better decision-making. From Client Communications (Client Portals and Reports) and Client Management (Advisor Portals) to Digital Warehousing and Data Analytics, InvestCloud offers first-class investment platforms for successful investing that are rapid to deploy and hyper-modular. Customer segments include wealth managers, institutional investors, asset managers, family offices, asset services companies and financial platforms.

For more information, visit www.investcloud.com.

About Boston Saves

Boston Saves, the City of Boston's Children's Savings Account (CSA) program is designed to give families the opportunity to create a long-term savings plan for college, post-secondary education and training, for their children. The program utilizes an online platform created in partnership with InvestCloud that allows families to link any savings, checking or 529 account to a secure online platform that makes it easy to save, earn rewards, track progress and gain financial tips. Five Boston Public Schools currently participate in the pilot program for CSAs, with a universal rollout scheduled for Fall 2019.

#clientportal #advisorportal #clientcommunication #clientreporting #financialmobility #digitalplatform

www.investcloud.com

[clouddyinvestments-blog]

InvestCloud provides client portal to the City of Boston for Family Savings Program

Los Angeles and Boston – February 23, 2017 – InvestCloud Inc., a global fintech firm and digital platform, has partnered on a new program with the City of Boston and Boston Mayor Martin J. Walsh to allow families to create long-term savings plans for their children’s education.

Boston Saves, the City’s Children’s Savings Account (CSA) program, allows families to create long-term, goal-based savings plans for college, post-secondary and training education for their children. The program is being run using the InvestCloud digital platform, which allows participating families to easily and quickly access and review their savings plans online using a client portal. This client portal facilitates client communication and client reporting while increasing financial mobility and giving advisors access to an advisor portal.

"One of the best ways to close the opportunity gap facing some of our young children is to help them save for their educational future," said Mayor Walsh. "Children's Savings Accounts are a tool that every family should have access to, and with InvestCloud’s financial technology support, we’re making that a reality. Even a small amount over time can make a big difference, and I am excited for our students and families who will have this new resource to begin saving now for the future."

Through the digital platform, families will be able to track their progress, earn rewards and benefit from financial savings tips. Linking their savings and checking accounts directly to the digital platform will make it easy to transfer funds and gain a more holistic view of their investments.  The digital platform will also allow access to a client portal for enhanced client communication, client reporting, and financial mobility.

John Wise, co-founder and CEO of InvestCloud, said, “Our program with the City of Boston demonstrates the flexibility of the InvestCloud digital platform. It supports the full spectrum of wealth management, from the complex needs of family offices and high-net-worth investors, right through to the needs of normal families. While they might not consider themselves ‘wealthy,’ they can still benefit from our digital platform to help them achieve their lifetime goals and family plans.

“With a greater number of people thinking about how to organize and build their savings, the notion of wealth management is changing fast. But to effectively engage with these new demographics, a simple and intuitive solution is required that can handle massive scale efficiently. The InvestCloud approach ensures all types of wealth and savings can be supported through the digital platform.”

The InvestCloud digital platform utilizes Programs Writing Programs (PWP), a proprietary technology that generates code instead of programmers writing code. This automation allows one business analyst or designer to do the work of 50 developers and ensures updates and upgrades are dramatically simplified – negating the long lead times associated with hard-coded software solutions. It is because of this technological approach that InvestCloud’s solutions could be easily and rapidly adapted to the unique use case of Boston Saves.

The platform is also capable of processing millions of pieces of data and content – from market news to portfolio data – through its digital warehouse. This provides a complete picture of an individual’s wealth, ensures both clients and advisors are able to get a complete picture of wealth, and allows for more effective, more profitable management.  InvestCloud uses hyper modules apps to create a customized digital experience.  Some of these apps include  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

About InvestCloud Inc.

Headquartered in Los Angeles, InvestCloud empowers investors and managers with a single version of the integrated truth through its unique digital platform. Today the InvestCloud platform supports over $1.7 trillion of assets across 670 institutional customers. InvestCloud creates custom solutions for better decision-making. From Client Communications (Client Portals and Reports) and Client Management (Advisor Portals) to Digital Warehousing and Data Analytics, InvestCloud offers first-class investment platforms for successful investing that are rapid to deploy and hyper-modular. Customer segments include wealth managers, institutional investors, asset managers, family offices, asset services companies and financial platforms.

For more information, visit www.investcloud.com.

About Boston Saves

Boston Saves, the City of Boston's Children's Savings Account (CSA) program is designed to give families the opportunity to create a long-term savings plan for college, post-secondary education and training, for their children. The program utilizes an online platform created in partnership with InvestCloud that allows families to link any savings, checking or 529 account to a secure online platform that makes it easy to save, earn rewards, track progress and gain financial tips. Five Boston Public Schools currently participate in the pilot program for CSAs, with a universal rollout scheduled for Fall 2019.

#clientportal #advisorportal #clientcommunication #clientreporting #financialmobility #digitalplatform

www.investcloud.com

[clouddyinvestments-blog]

Wealth and millennials: how they think, spend and save, the need for a client portal.

The millennial generation – those born between the early 1980s and mid 1990s – are now either just joining the workforce, or well into their careers. As millennials gather the responsibilities of adulthood, financial and wealth management products come with the territory – this is the essence of financial mobility. Not surprisingly the wealth industry is paying close attention to this coming generation.  Millennials are looking for a financial institution that will provide a first class client portal, client communication, client reporting, advisor portal, financial mobility, and digital platform

Possibly the most studied segment in history, millennials have been variously labelled as narcissistic, entitled, tech-savvy and ethically conscious. Their relationship with financial institutions is well documented. The financial crisis and subsequent scandals created a general feeling of distrust toward the industry, but millennials have started to emerge as the largest client opportunity in the coming years. In order to capitalize on the opportunity, wealth and asset managers must adapt to successfully serve this complicated and fiscally important generation. This generation specifically wants to the following tools: client portal, client communication, client reporting, financial mobility, advisor portal, and digital platform.

The growing millennial impact

Last year 40 percent of the global adult population were under 35 years old. Today they account for US $1.3 trillion in direct consumer spending in the US. This figure will balloon over the next decade as the millennial generation is projected to account for 75 percent of the workforce by 2025  (source: Bank of America Merrill Lynch).  

Three trends will dictate how this population will acquire and use their wealth.

First, as the current 18-34-year-old cohort enter prime earning years, their liquid assets will increase substantially.

Second, these younger generations are seen to be more entrepreneurial than their parents, which should accelerate the increase of their available assets: Deloitte found that 54 percent of millennials have started, or plan to start, their own business – 27 percent are already self-employed.

And thirdly, millennials should benefit from a transfer of wealth from their parents, the baby-boomers, driving a future wave of inheritance that wealth managers need to prepare for.

Behavioral characteristics

So how should wealth managers adapt to serve this group successfully? Critically, you need to get a good understanding of their behaviors.

Millennials are drawn to authenticity and want this reflected in how they live, work and invest. Long-established wealth managers steeped in the traditions of stability and continuity may need to rethink their own culture and recruitment policies to connect and engage this coming generation, using a more empathetic client communication approach.

They are socially and environmentally aware, not only concerned with the state of the world, but vocal about the need for change. Which means they don’t consider profit as the sole success factor of an investment. Millennials seek out organizations and investments that prove their value with acts of social responsibility. They also seek out organizations that listen to their need for  https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools

Nor has the impact of the global financial crisis been forgotten. This generation was greatly affected and as a result is more cautious and conservative than baby boomers. Their caution highlights the importance of client communication and financial mobility, as well as an advisor portal that provides top tier insight.

This was also the first generation to grow up in a digital platform world, acknowledging technological innovation as a constant. They adopt early. They try out new services. They value utility. They resent friction.  And they expect a client portal, client communication, client reporting, financial mobility, digital platform, and advisor portal.

Their financial habits are like everything for them, always online first – it is their default setting.

For millennials, technology is the key differentiator that wealth managers must be aware of. Deloitte found that 57 percent would change banks for a better technology platform solution. There is no reason to think wealth managers are not under the same scrutiny to offer client portal and client reporting advancements as well as financial mobility.

Financial advisory adaptations

Based on these different behaviors, it is fair to assume millennials are not being satisfied. But the opportunity to do so clearly exists, and for wealth managers who react it will be greatly rewarding. To combat distrust, financial advisors need to focus on pricing transparency and become more communicative and open, ideally with new choices of alternative investments, markets and products. New products such as client portal, client communication, client reporting, advisor portal, digital platform, and financial mobility.

Most importantly, wealth managers need to better engage millennials digitally. The InvestCloud Digital Experience involves clients, provides an intuitive experience and is highly personalized, supporting many varied personas in order to work for each individual. Opportunities abound for wealth managers to advance the millennial client experience – not to mention to make advisor portal and other internal tools better for the management of this crucial client demographic. Now is the time to act.

To find out more about how we can help you digitally engage millennials, request a demo through our website at www.investcloud.com/Demo or call us at +1 (888) 800-0188.

#clientportal #advisorportal #clientcommunication #clientreporting #digitalplatform #financialmobility

www.investcloud.com

[clouddyinvestments-blog]

InvestCloud wins double at the WealthBriefing awards Global FinTech firm InvestCloud impresses judges with digital client portal and client reporting capabilities

London – May 12, 2017 – InvestCloud Inc., a global FinTech firm, has won two awards at the prestigious WealthBriefing European Awards 2017 in London. The firm was awarded for best client communications (client portal) and came highly recommended for the client reporting features on its digital platform.

Mark Trousdale, EVP and chief marketing officer at InvestCloud, said: “InvestCloud is building up a sizable trophy rack – a true testament to the uniqueness, quality and value of our digital platform. InvestCloud is dedicated to bringing innovation to wealth management functions including client portal, advisor portals, client communication and client reporting. We are also dedicated to making our clients successful in the age of fee compression.  With digital automation firms can increase their client to advisor ratio and in turn increase their productivity.  Digital automation also improves quality and creates systematic executions and processes saving firms time and money.  Our unique digital client communication and client reporting solutions are just two of the many cloud-based and flexible capabilities we deliver to help firms battle fees and fiduciary obligations.”

InvestCloud’s latest win builds on a run of award success for the firm, including two award wins at the Family Wealth Report awards for its CRM and digital client communications including client portal, advisor portal, and client reporting. The FinTech firm was also highly commended as online technology provider of the year at the FSTech awards and was named as a finalist for Best Alternative Investment Digital Platform at the Benzinga awards. Its co-founder and CEO, John Wise, is also shortlisted for FinTech person of the year at the FTF Awards.

The WealthBriefing European Awards showcase best of breed providers of https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools in the global private banking, wealth management and trusted advisor communities. The awards recognise companies, teams and individuals which the prestigious panel of judges deem to have demonstrated innovation and excellence during 2016.

Stephen Harris, CEO of ClearView Financial Media, the publisher of WealthBriefing, said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.”

ENDS

About InvestCloud Inc.

Headquartered in Los Angeles with a global presence, InvestCloud develops first-class, financial digital solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its unique digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an ever-expanding library of digital modular apps. Some of these apps include client portals, advisor portals, client communication tools, and client reporting tools. The result? Powerful products for individual investors and institutions alike, assembled on-demand to meet clients’ specific needs.

Today the InvestCloud digital platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks.

For more information, visit www.investcloud.com.  

#clientportal #advisorportal #digitalplatform #clientcommunication #clientreporting #financialmobility

[investmentdigitalplatform-blog]

InvestCloud wins double at the WealthBriefing awards Global FinTech firm InvestCloud impresses judges with digital client portal and client reporting capabilities

London – May 12, 2017 – InvestCloud Inc., a global FinTech firm, has won two awards at the prestigious WealthBriefing European Awards 2017 in London. The firm was awarded for best client communications (client portal) and came highly recommended for the client reporting features on its digital platform.

Mark Trousdale, EVP and chief marketing officer at InvestCloud, said: “InvestCloud is building up a sizable trophy rack – a true testament to the uniqueness, quality and value of our digital platform. InvestCloud is dedicated to bringing innovation to wealth management functions including client portal, advisor portals, client communication and client reporting. We are also dedicated to making our clients successful in the age of fee compression.  With digital automation firms can increase their client to advisor ratio and in turn increase their productivity.  Digital automation also improves quality and creates systematic executions and processes saving firms time and money.  Our unique digital client communication and client reporting solutions are just two of the many cloud-based and flexible capabilities we deliver to help firms battle fees and fiduciary obligations.”

InvestCloud’s latest win builds on a run of award success for the firm, including two award wins at the Family Wealth Report awards for its CRM and digital client communications including client portal, advisor portal, and client reporting. The FinTech firm was also highly commended as online technology provider of the year at the FSTech awards and was named as a finalist for Best Alternative Investment Digital Platform at the Benzinga awards. Its co-founder and CEO, John Wise, is also shortlisted for FinTech person of the year at the FTF Awards.

The WealthBriefing European Awards showcase best of breed providers of https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools in the global private banking, wealth management and trusted advisor communities. The awards recognise companies, teams and individuals which the prestigious panel of judges deem to have demonstrated innovation and excellence during 2016.

Stephen Harris, CEO of ClearView Financial Media, the publisher of WealthBriefing, said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.”

ENDS

About InvestCloud Inc.

Headquartered in Los Angeles with a global presence, InvestCloud develops first-class, financial digital solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its unique digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an ever-expanding library of digital modular apps. Some of these apps include client portals, advisor portals, client communication tools, and client reporting tools. The result? Powerful products for individual investors and institutions alike, assembled on-demand to meet clients’ specific needs.

Today the InvestCloud digital platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks.

For more information, visit www.investcloud.com.  

#clientportal #advisorportal #digitalplatform #clientcommunication #clientreporting #financialmobility

[hedgefundlearner-blog]

InvestCloud wins double at the WealthBriefing awards Global FinTech firm InvestCloud impresses judges with digital client portal and client reporting capabilities

London – May 12, 2017 – InvestCloud Inc., a global FinTech firm, has won two awards at the prestigious WealthBriefing European Awards 2017 in London. The firm was awarded for best client communications (client portal) and came highly recommended for the client reporting features on its digital platform.

Mark Trousdale, EVP and chief marketing officer at InvestCloud, said: “InvestCloud is building up a sizable trophy rack – a true testament to the uniqueness, quality and value of our digital platform. InvestCloud is dedicated to bringing innovation to wealth management functions including client portal, advisor portals, client communication and client reporting. We are also dedicated to making our clients successful in the age of fee compression.  With digital automation firms can increase their client to advisor ratio and in turn increase their productivity.  Digital automation also improves quality and creates systematic executions and processes saving firms time and money.  Our unique digital client communication and client reporting solutions are just two of the many cloud-based and flexible capabilities we deliver to help firms battle fees and fiduciary obligations.”

InvestCloud’s latest win builds on a run of award success for the firm, including two award wins at the Family Wealth Report awards for its CRM and digital client communications including client portal, advisor portal, and client reporting. The FinTech firm was also highly commended as online technology provider of the year at the FSTech awards and was named as a finalist for Best Alternative Investment Digital Platform at the Benzinga awards. Its co-founder and CEO, John Wise, is also shortlisted for FinTech person of the year at the FTF Awards.

The WealthBriefing European Awards showcase best of breed providers of https://www.investcloud.com/MemberShip/Apps/BlueDemo_Holder_App.aspx?IX_mId=6 client portal https://www.investcloud.com/Membership/Apps/EmeraldDemo_Holder_App.aspx advisor portal https://www.investcloud.com/Membership/Apps/NavyDemo_Holder_App.aspx client communication https://www.investcloud.com/Membership/Apps/PurpleDemo_Holder_App.aspx client reporting https://www.investcloud.com/Membership/Apps/WhiteDemo_Holder_App.aspx digital platform and financial mobility tools in the global private banking, wealth management and trusted advisor communities. The awards recognise companies, teams and individuals which the prestigious panel of judges deem to have demonstrated innovation and excellence during 2016.

Stephen Harris, CEO of ClearView Financial Media, the publisher of WealthBriefing, said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the private client industry, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.”

ENDS

About InvestCloud Inc.

Headquartered in Los Angeles with a global presence, InvestCloud develops first-class, financial digital solutions, pre-integrated into the cloud. By empowering investors and managers with a single version of the integrated truth through its unique digital platform, InvestCloud creates beautifully designed client experiences and intuitive operations solutions using an ever-expanding library of digital modular apps. Some of these apps include client portals, advisor portals, client communication tools, and client reporting tools. The result? Powerful products for individual investors and institutions alike, assembled on-demand to meet clients’ specific needs.

Today the InvestCloud digital platform supports over $1.7 trillion of assets across 670 diverse clients – from wealth managers, institutional investors & institutional asset managers to family offices, asset services companies, financial platforms & banks.

For more information, visit www.investcloud.com.  

#clientportal #advisorportal #digitalplatform #clientcommunication #clientreporting #financialmobility