Wealth Portfolio Suites Turn To Digital Advisory: Early Risers - According To A New Aite Group Report, Digital Advisory Is The Latest Addition To Core Infrastructure Serving The Wealth Management Industry.

Aite Group’s latest report, Wealth Portfolio Suites Turn to Digital Advisory: Early Risers, examines U.S. and European technology solutions that offer wealth portfolio system suites with an upcoming or recently launched digital-advisory capability. Financial advisors across the globe are rapidly tooling up to make a difference in clients’ long-term financial well-being and to serve a variety of client sizes through digital advisory. This new report explores whether this evolution will provide unprecedented access to professional investment management for individuals in the mass-affluent and mass-market segments.

“Portfolio systems are one of the long-standing technology solutions in investment management. The tech category has a solid reputation for adopting and assimilating innovation. Innovation slowed during and in the aftermath of the 2008 global financial crisis and its subsequent regulatory deluge, but now the tide has turned,” explains Denise Valentine, senior analyst at Aite Group.

This Impact Note provides the current landscape status of wealth portfolio system vendors with or very soon to have a digital-advisory capability. It is based on February and April 2018 Aite Group interviews with U.S. and European technology solutions offering wealth portfolio system suites.