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Advisor360°

www.advisor360.com link_icon

Company Research Report: Advisor360°



Company Overview



Name: Advisor360°, LLC

Mission: No specific mission statement provided.

Founded: Advisor360° was founded in 2019.

Founders: Founded by financial advisors for financial advisors, specific names not disclosed.

Key People:
  • Michael R. Fanning, Chief Executive Officer

  • Darren Tedesco, President and Founder

  • Alex Cunningham, SVP, Chief Information Security Officer

  • Mat Mathews, Chief Product and Engineering Officer

  • Jeff Schwantz, Chief Revenue Officer

  • Dena Upton, Chief People Officer

  • Abbe Gálvez Cordón, SVP, Strategy and Corporate Development


Headquarters:
  • Corporate Headquarters: 133 Boston Post Rd Weston, MA

  • Bangalore Office: Ground floor, Wing B1, IndiQube Alpha Building, Plot No. 19/4 & 27, Kadubeesanahalli Village, Varthur Hobli, Bangalore – 560103, Karnataka, India


Number of Employees: No specific information provided.

Revenue: No specific revenue figures provided.

Known For: Advisor360° is known for delivering a flexible wealth management platform aimed at digital transformation needs, offering modern, scalable, and integrated solutions for wealth management firms.

Products



Platform and Solutions



1. Unified Data Fabric® (UDF)
  • Description: A proprietary data model that aggregates, enriches, and consolidates data from various sources into a unified format.

  • Key Features: Ensures data consistency and accuracy across portfolios, planning, investing, trading, etc.


2. Digital Onboarding Solution
  • Description: Streamlines the account opening process for advisors and their clients.

  • Key Features: Supports multi-custodial functionality, provides automated pre-fills, minimizes manual data entry to reduce errors.


3. Investor360° Client Portal
  • Description: A holistic financial portfolio view portal for clients.

  • Key Features: Real-time holdings, balances, account details, and integrated investment data.


4. 1-Click Review®
  • Description: Simplifies the preparation of client meeting reports.

  • Key Features: Allows for generating comprehensive, reviewed reports with a single click, enhancing efficiency.


5. Advisor Experience Solutions
  • Description: Provides a centralized wealth management platform integrating various operational tasks.

  • Key Features: Configurable dashboards, integrated CRM tools, and enhanced decision-making capabilities.


6. Books and Records Solution
  • Description: Offers compliant storage and management of data.

  • Key Features: WORM-compliance for secure data retention in line with regulatory standards.


Recent Developments



Product Enhancements and Launches


1. Bulk Onboarding for Account Transitions (July 2024):
  • Allows onboarding of up to 6,000 client accounts in 90 seconds to streamline advisor transitions.


2. Enhanced Digital Onboarding (November 2023):
  • Supports simultaneous opening of multiple types of accounts to be funded from multiple sources.


3. Next Gen Client Portal and Trading Tool (August 2023):
  • Enhancements reflect commitment to continuous improvement, providing clients with real-time account data.


New Partnerships and Corporate Activities


1. Integration with FMG (June 2024):
  • Enhanced marketing capabilities for wealth managers through integration, allowing more efficient business building.


2. Agreement Express Acquisition (January 2023):
  • Expanded functionality in supporting investment and insurance accounts with seamless onboarding.


3. Partnership with Charles River® Development (March 2022):
  • Strategic collaboration to offer differentiated wealth management solutions.


Key Appointments


1. Dena Upton as Chief People Officer (August 2024):
  • Overseeing talent and cultural engagement at Advisor360° amidst rapid growth.


2. Milind Mehere Joining Board of Directors (August 2024):
  • Bringing vast experience in fintech as former CEO of Yieldstreet.


3. Abbe Gálvez Cordón as SVP of Strategy & Corporate Development (June 2024):
  • Leading development and growth initiatives.


Conclusion



Advisor360° continues to innovate in the wealth management sector with strong leadership and a robust platform designed to improve the efficiency and effectiveness of financial advisors. The company's ongoing product enhancements, strategic partnerships, and expert-led initiatives highlight its commitment to digital transformation in the financial industry.