Portfolio company, Quovo, recently partnered with Advisor Software in order to provide wealth managers with seamless access to aggregated client financial data, which can help put together an all-encompassing financial picture for every client. As the wealth management industry evolves post the Department of Labor rule, advisors need access to investment data on held-away accounts in order to provide a holistic planning picture that is relevant for each client. Quovo makes that happen through it's "full stack" aggregation platform
In today's wealth management reality, it is vital for advisors to obtain a holistic financial view of each client's wealth in order to provide optimal guidance," said Kevin Kraus, Vice President of Product and Marketing at Advisor Software. "We are glad to work with Quovo to integrate its account aggregation capabilities into our cloud-based applications, and give advisors the tools and insights they need to deliver valuable goals-based planning over the long term."