Vanare, the wealth management technology platform with a highly customizable white-labeled Roboadvisor, and FinMason, the financial education firm focused on investment risk, have partnered to help advisors educate investors about the importance of risk while demonstrating the merits of a professionally managed portfolio. The integration gives advisors rigorous institutional capabilities to easily analyze risk across a multitude of investment types, delivered in a modern, web experience by advisors to clients.
The announcement was made today at the Schwab IMPACT conference in San Diego. Attendees may stop by the Vanare booth, #605 in the Sponsor & Exhibitor Resource Center, for an in-person demo (#SchwabIMPACT) to learn how they can gain robust enterprise-quality metrics within intuitive, investor-friendly solutions that highlight value of their professionally managed portfolios.
Vanare will also be participating at the next two T3 Conferences – the T3 Enterprise Conference happening November 2-4, 2016 in Las Vegas (#T32016) and the T3 Advisor Conference (#T32017) happening February 14-17, 2017 in Orange County, California (learn more about both of the T3 Conferences here: www.TechnologyToolsForToday.com).
ACCESS TO BETTER, EASIER, REAL-TIME METRICS
“Vanare has selected FinMason as a key partner for quantitative risk analysis within our platform and roboadvisor experience. They have an incredibly intelligent risk engine,” said Vanare CEO, Rich Cancro. “On a daily basis, their system regresses thousands of variables against virtually every public security in the market, isolates relevant factors, and provides derived analytics in real time via APIs. Combined with Vanare’s industry-leading client experience, FinMason’s high quality data can help advisors explain the value of advisory services to clients intuitively and simply, while remaining robust and meaningful.”
“Platforms with such high-level analytical data have typically been reserved exclusively for institutional investors, are often prohibitively expensive and are rarely accessible to advisors and their clients. Our partnership with Vanare changes that fundamentally,” said Mark Hollingsworth, FinMason’s Head of Advisor Solutions. “From the other side, recent mobile apps and user-friendly websites allow individual users to access a variety of financial assets, but they fail to provide meaningful analytical measures of investments with our level of rigor.”
“Advisors tell us how important it is for them to quickly communicate their value proposition to all types of investors,” said Cancro. “Together with FinMason, we are offering the tools needed to demonstrate complex portfolio analytics at any level of sophistication in real-time. From an operations and compliance point of view, we also help firms incorporate ongoing risk assessment across an entire business to ensure proper portfolio alignment for each client, which is essential as the new Department of Labor fiduciary rule is implemented in 2017.”
“Regardless of how experienced and skilled an advisor is, the ability to show value to the client is essential,” said FinMason CEO Kendrick Wakeman. “When utilizing our system within Vanare’s offering to better explain the risks and rewards of financial investment opportunities, advisors stand to gain by strengthening their relationships with existing clients and by receiving referrals from satisfied investors.”
The integration will further enhance the data aggregation offering Vanare recently launched, which allows clients to see the value of all their assets and liabilities within a roboadvisor or client portal offering. Advisors and financial services firms interested in learning more should contact firstname.lastname@example.org.
Vanare is a next-generation wealth management platform built on Roboadvisor DNA. With the acquisition of NestEgg Wealth in late 2014, Vanare launched the first-ever fully integrated online and traditional wealth management solution, which seamlessly includes a customizable digital advice option along with prospect and client management including client reporting, and flexibility across workflows, data and usability. With Vanare, advisors can build client relationships through both traditional face-to-face advice as well as a completely digital, low-touch interaction. Founded by a team of experienced, creative financial and technology executives, Vanare continues to develop next generation enhancements ensuring the most powerful and scalable platform for the financial services community. To learn more, visit www.vanare.com or follow @vanareplatform on Twitter.
ABOUT FINMASON, INC.
FinMason is a Boston-based financial technology firm dedicated to helping solve the retirement crisis by providing advisers, plan sponsors and individuals with tools to help investors move forward with confidence, regardless of their level of financial training. FinMason’s cutting-edge analytics platform analyzes millions of individual investments globally and renders results at scale. They also produce the Finscore and Finscore Pro risk tolerance assessment tools, which allow advisers and investors to evaluate risk tolerance in a quick, intuitive, uncomplicated way and then visually and quantitatively validate that investment portfolios are in compliance. For more information, visit www.finmason.com or follow @finmasoninc on Twitter.