fbpx

Alliance Fulfills Advisor Demand for Turnkey Outsourced Compliance and Investment Solutions

CHICAGO, IL / ACCESSWIRE / June 16, 2020 / GeoWealth, a leading financial technology and turnkey asset management platform (TAMP), today announced a strategic alliance with Foreside Financial Group (“Foreside”), a global provider of compliance technology solutions and product distribution services to the asset and wealth management industries. Through this partnership, financial advisors that are either breaking away and becoming independent, or are founding a registered investment advisory firm (“RIA”), will have access to the full, turnkey investment, technology, and compliance infrastructure they need to successfully launch their businesses.

“Before an advisor launches an RIA, they must select both a compliance and technology partner. With the added complexities for advisors now working remotely during COVID, we are focused on simplifying and streamlining what is often characterized as an overwhelming process,” said, Colin Falls, President of GeoWealth. “We are excited to announce our partnership with Foreside. Their industry-leading compliance offerings combined with our turnkey, modern platform will help entrepreneurial advisors successfully make the transition to independence.”

GeoWealth’s next-generation turnkey asset management platform is powered by its proprietary enterprise technology that comprehensively supports advisors. This cloud-based platform simplifies the wealth management process by allowing advisors to seamlessly manage all aspects of their business. GeoWealth’s flexible, outsourced model management program includes both advisor-managed and third-party models. Their third-party model marketplace features investment solutions from some of the industry’s most trusted asset managers, including J.P. Morgan, PIMCO, Fidelity, State Street Global Advisors, Van Eck, and Global X.

Foreside’s Compliance Programs for RIAs are designed by experienced compliance experts and tailored to fulfill the ongoing compliance obligations of RIAs. Each level of support provides a dedicated consultant, supported by a team of compliance professionals, to deliver proactive services and continuous support to your firm. Together, GeoWealth and Foreside’s synergistic offerings will unite, allowing advisors to access their shared resources, knowledge, and platforms.

“Foreside continues to bring to our clients best-in-class proprietary technology and partnerships with providers like GeoWealth who are pioneers in the industry. In doing so, we help our clients gain access to products that help them innovate, improve, and grow” said, Mark Alcaide, Senior Managing Director, Foreside. GeoWealth’s end-to-end advisor platform allows a holistic solution that assists our clients with their technology, investment, and back-office needs.”

About GeoWealth

GeoWealth’s cloud-based financial technology platform empowers advisors to grow faster and to serve their clients more efficiently. With over 500 advisors and more than 60,000 accounts on its platform today, GeoWealth provides advisors flexible portfolio management, performance reporting, billing and risk profiling. GeoWealth also offers a diversified lineup of turnkey model portfolios. More information is available at http://www.geowealth.com.

About Foreside

Foreside delivers comprehensive advice and best-in-class technology solutions to clients in the global asset and wealth management industries. Foreside distributes more than $1 trillion of product through their 20 limited purpose broker-dealers. For 15 years, Foreside’s suite of services and platform-based model have helped automate and simplify compliance and marketing for clients. Foreside works with pooled investment products, investment advisors, broker-dealers, global asset managers and other financial institutions.

By harnessing state-of-the-art technology, Foreside helps firms address and shape today’s regulatory environment, drive operational efficiency and growth, and focus on value-adding work. Foreside is headquartered in Portland, Maine, with numerous regional offices, including New York and Boston. For more information on Foreside’s suite of services, please visit www.foreside.com.

Media Contact:

Jacqueline Silva
Caliber Corporate Advisers
jacqueline@calibercorporate.com
917-880-2464

SOURCE: GeoWealth

Panoramix Releases New Industry Research on RIA Billing Practices During Pandemic

Panoramix Releases New Industry Research on RIA Billing Practices During Pandemic

Average billing methodologies smooth out wild revenue swings due to market volatility as RIA revenues were down 10.5% in Q1 2020, but up 13.2% in Q2 2020.

Apex Clearing Now Fully Integrated with Orion to Enhance Account Opening Process

Apex Clearing Now Fully Integrated with Orion to Enhance Account Opening Process

Apex Clearing announced the launch of a new integration with Orion Advisor Solutions to enable investors to seamlessly open and fund an account in minutes, without the need for any…

InvestorCOM Appoints Financial Industry Experts to Form US Advisory Board

InvestorCOM Appoints Financial Industry Experts to Form US Advisory Board

InvestorCOM, the provider of regulatory compliance software and communications solutions for the financial services industry, today announced the formation of its US Board of Advisors.

Twenty Over Ten Adds Four New Features to Lead Pilot to Assist Advisory Firms In Generating New Clients Virtually

Twenty Over Ten Adds Four New Features to Lead Pilot to Assist Advisory Firms In Generating New Clients Virtually

Twenty Over Ten, an industry-leading SaaS company, announced a robust line-up of new updates to its Lead Pilot tool to help advisory businesses improve their inbound marketing efforts.

Regal Holdings Selects InvestorCOM to Meet Compliance for Regulation Best Interest

Regal Holdings Selects InvestorCOM to Meet Compliance for Regulation Best Interest

InvestorCOM, the provider of regulatory compliance software and communications solutions for the financial services industry, today announced Regal Holdings of Kentwood, Michigan has selected InvestorCOM's Reg BI compliance platform to meet the…