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Abbove (Paxfamilia)

www.abbove.com link_icon

Company Research Report: Abbove



Company Overview



  • Name: Abbove

  • Mission: To transcend assets and numbers in wealth management, turning family assets from a source of stress into development and peace, by centralizing wealth management onto a collaborative platform.

  • Founded By: The company's original concept was developed by founders Guillaume Desclée and Guillaume de Monie, initially under the name PaxFamilia.

  • Key People:

  • Guillaume Desclée - CEO

  • Gaëtane Meurant - Board member

  • Guillaume de Monie - Board member

  • Valentine de Pret - Board member

  • Stéphane Vermeire - Board member

  • Benoît Frin - Board member

  • Guillaume van Rijckevorsel - Board member

  • Headquarters: Brussels, Belgium

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Company Notoriety: Abbove is recognized internationally as an innovative wealth-tech provider, featured in the WealthTech 100 list, acknowledged as one of the best wealth-tech solutions in Europe by Forbes, and a recipient of the Wealth Briefing Awards.


Products



Overview



Abbove provides a collaborative wealth planning platform that serves accountants, family offices, financial advisors, and private banks, supporting over 1,000 wealth advisors and 33,000 families in Europe. The platform empowers clients by facilitating holistic, family-focused, goal-based wealth planning.

Key Features



1. Client-Advisor Interface & Wealth Overview:
  • Offers a dynamic overview of a client's net wealth, grouping all assets and liabilities for comprehensive strategy development.


2. Interactive Wealth Structure Charts:
  • Generates dynamic and navigable wealth structure visualizations based on user-supplied data.


3. Document Vault:
  • Securely store, access, organize, and share documents with a digital safe accessible via computer or smartphone.


4. Objectives and Action Plan:
  • Enables capture and formalization of client goals and requests into actionable plans.


5. Financial, Estate, and Tax Simulators:
  • Utilizes client wealth overview data to provide simulators for financial planning, cash flow projections, and estate planning.


6. Smart Report Generation Engine:
  • Facilitates the generation of personalized reports with client branding, populated with wealth data according to set parameters.


7. Notifications & Alerts:
  • Provides alerts for upcoming events influencing a client's wealth, allowing for proactive engagement.


8. Third-Party Access Management:
  • Allows secure sharing of information with third parties, with permission-based access controls.


Recent Developments



  • Rebranding: Transitioned from PaxFamilia to Abbove to represent a broader scope of wealth management services.

  • Awards:

  • Featured in the WealthTech100 list by FinTech Global for three consecutive years.

  • Awarded 'Best Technology Outsourcing Solution' at the WealthBriefing European Awards 2023.

  • Recognized by Forbes as a top wealth-tech provider in Europe.

  • Partnerships:

  • Established collaborations with Quintet Group’s Belgian branch Puilaetco and Deutsche Bank Belgium, providing them with Abbove’s digital wealth planning services.

  • Key Personnel Changes: Gabrielle and Laurens promoted to Chief Product Officer and Chief Technology Officer, respectively.

  • Acknowledgments:

  • Abbove platform was ISO 27001 certified, ensuring top-tier security and data protection.

  • Previously, the platform included technology solutions for tax and estate consultation extensively for French and Belgian legal frameworks.


Contact Information



  • Email: contact@abbove.com

  • Phone: +32 2 669 71 71




This document has been compiled using the most current publicly available data on Abbove, reflecting its present state in the wealth management technology industry. All revenue figures and employment details were unavailable at the time of this report.