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March 23, 2022

Oppenheimer & Co launches wealth management technology platform

Wealth manager Oppenheimer & Co. has launched an interconnected wealth management technology platform called Investor Gateway.

Free Report
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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

The platform, which allows clients to sign up for new accounts, is designed with a data-gathering process that streamlines and improves the delivery service capabilities and enhance the client experience.

Leveraging behavioural science, this platform also maps client journey and enhances digital engagement and the advisor-client relationship.

In addition, it allows advisors and clients to share and store information on clients, agreements and proposals.

Oppenheimer executive vice-president and head of the Private Client Division said: “Our Investor Gateway enables our financial professionals to deliver an unparalleled level of service to their clients, independent of time and location. We now offer some of the most powerful digital tools available in the wealth management space.”

Oppenheimer & Co is implementing the platform in a tie-up with fintech firm InvestCloud, which provides digital platforms for wealth and asset management companies.

Said to be a cloud-based platform, Investor Gateway is developed for Oppenheimer’s private client division.

Harrington noted that the firm’s advisors and their clients will benefit from a personalised and visual interface that will be accessible on mobile, desktop, and tablet format.

He added: “Without question, the platform we have built substantially elevates the capabilities of Oppenheimer’s financial advisors, enabling them to exceed client expectations with a best-in-class digital service experience.”

Oppenheimer & Co, a subsidiary of Oppenheimer Holdings, offers a range of wealth management, securities brokerage and investment banking services.

The firm’s customer base includes high-net-worth (HNW) individuals, families, corporate executives, businesses, institutions and local governments.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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