Wealth Access continues long-running success with recognition as the winner of the WealthManagement.com Industry Award for Technology Providers: Wealth Reporting/Personal Finance Managers.
Wealth Access, the largest independent personal financial management and account aggregation platform for financial advisors, announced today its fifth consecutive win at the WealthManagement.com Industry Awards. Wealth Access was named winner of the Technology Providers: Wealth Reporting/Personal Finance Managers category during the 2020 ceremony, held online on September 10th.
Wealth Access enhanced its balance sheet reporting with Enterprise Personal Financial Management tools. By digitally collecting client data and documents, Wealth Access facilitates the entire client journey—from proposal generation to new account opening, financial planning, and CRM data sharing. The data collected is further enhanced with AI-powered insights designed to give advisors actionable information for communicating with clients.
“This year has made it more clear than ever that for advisors to succeed, they need to provide clients with unique, personalized financial insights—and make those insights accessible online at any time,” said David Benskin, CEO and founder of Wealth Access. “We’re so excited that WealthManagement.com has again recognized us for our mission of building software that equips advisors with the information they need to serve clients at a higher level.”
As part of its latest initiative, Wealth Access added an additional six direct data feeds with various financial institutions, adding to an impressive list of more than 20,000 institutions from which it already aggregates client data. Additionally, the firm has seen a 40% compound annual growth rate, added $200 billion in Wealth Under Management, and increased usage by 350% among existing advisor clients.
“In support of our mission to help advisors engage with their clients and increase client adoption of the platform, we have continued to place emphasis on open architecture and our supporting API structure along with a focused strategy on ensuring data privacy, quality, and coverage for our growing client population. We appreciate the recognition by WealthManagement.com and will continue to innovate so our client firms can achieve their digital strategy objectives,” said Cameron Taylor, Chief Product Officer of Wealth Access.
In addition to winning the award for Personal Finance Manager, Wealth Access was also a finalist in the Account Aggregation category, which it has previously won. Visit www.wealthaccess.com to learn more about Wealth Access.
About Wealth Access
Wealth Access is an innovative wealth management technology firm that provides digital, mobile-enabled reporting solutions to multi-faceted financial services institutions to drive engagement between the high net worth advisor and investor community. Through the collection of financial data and documents, Wealth Access represents the client’s full financial picture through the entire wealth management lifecycle. Its proprietary and diagnostic cloud-based platform aggregates information from more than 20,000 institutions to deliver actionable insights allowing for better decision support in investments, retirement planning, tax planning, insurance and other complex situations faced by high net worth individuals. Founded by a former Merrill Lynch high-net-worth advisor, Wealth Access provides a complete platform for advisors to collaborate with other professionals and position themselves central to their clients’ lives. Headquartered in Nashville, TN, Wealth Access is backed by successful investors and notable wealth management technology platforms. To learn more, visit www.WealthAccess.com.