CircleBlack, a wealth innovation company, has announced that it has moved into the next phase of its development — beta testing for financial advisors.
Lebenthal Wealth Advisors, the wealth management division of Lebenthal Holdings, LLC, is the first keynote firm to sign on as an early adopter of the platform with others following suit.
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The feedback from this invite-only group will help inform the final product when it is released more broadly to the RIA community and the clients they serve.
CircleBlack will empower financial advisors with actionable intelligence about client portfolios, range of advisory relationships, total wallet share of assets, and industry investment trends that help advisors better manage client wealth, helping grow and deepen advisor-client relationships. The cloud-based platform with full mobile capabilities along with automated updates and alerts enhances advisors’ relationships with clients, providing grounds for more frequent and fulfilling interactions, keeping the advisor top of mind.
"While the RIA space has been the fastest growing sector in financial services for the last decade, there is constant pressure on advisors from external forces. How advisors use technology to react to threats as varied as discount brokerage to robo-advisor is a key competitive concern for advisors," says John Michel, CEO of CircleBlack. "We think the best defense is a strong offense — so we are innovating a versatile platform that RIAs can use to preserve and enhance their share of market."
Andy Grillo, President of Lebenthal Wealth Advisors, adds: "This platform is the type of technology that is building a competitive edge for Lebenthal. It gives our advisors access to an interactive communications and intelligence interface to empower next-generation engagement with clients via better data and mobile apps while also allowing for cost-effective advice on 401(k) accounts."
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By GlobalDataCircleBlack believes in making wealth management better, for both the investor and the advisor. Built on cutting edge technology, CircleBlack provides a usable, simple, secure, and powerful platform that gives investors a complete picture of their wealth and advisors the power to fully leverage the relationships with their clients.
