The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Innovayte
Innovayte, a custody
and clearing firm that supports RIAs and other wealth managers,
and Advyzon, a tech platform and portfolio management solution,
have launched their platform and model marketplace.
For Innovayte, Advyzon has created its first and custodial
back-end platform. It combines a separately managed account and
model marketplace with access to third-party asset managers. This
is offered by Advyzon Investment Management, the turnkey asset
management program under the Advyzon umbrella.
“Technology is critical to helping RIAs reach their
entrepreneurial goals,” Cat Davies, CEO Innovayte, said.
Innovayte said its platform is the “only technology solution that
can effectively serve the unique needs of high- and
ultra-high-net-worth clients”, because of the unified managed
account (UMA) framework and its inclusion of a full
rebalancer, model marketplace, and access to third-party
managers.