Wealth technology firm FusionIQ has unveiled a new platform to make going independent easier for advisors.
The cloud-based wealth tech provider announced the launch of FIQ Freedom, a new digital platform within its FusionIQ One suite, which is aimed at breakaway advisors looking to set up their own independent practices.
"With FIQ Freedom, advisors can break away from conventional RIA models and embrace a new era of autonomy, efficiency, and client-centricity as digital wealth leaders," Mark Healy, chief executive officer of FusionIQ, said in a statement Thursday.
The platform promises a quick shift to independence, with a runway of as short as six weeks for its advisor users to set up a fully operational digital wealth management practice.
Aside from rep as portfolio manager tools, it includes a workflow connecting front, middle, and back offices, process automations to help advisors scale, and streamlined digital compliance that includes automated AML tracking and KYC processes.
FIQ Freedom also offers fully digital onboarding, with options for client-driven, rep-assisted, or advisor-led processes. Aside from personalized risk tolerance assessments, it also integrates advisor models with third-party strategies to provide a tailored approach to investment management.
"FIQ Freedom represents a significant leap forward in empowering advisors to build their practices on their terms," said John Guthery, chief investment officer at FusionIQ. The new platform builds on other enhancements the firm announced recently, including a unified investment platform and a partnership to broaden advisors’ access to regulated crypto assets.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
