FusionIQ, a leading provider of digital wealth management solutions, and interVal, a prominent software provider for wealth management insights, have officially entered into a mutual referral agreement.
This collaboration is set to transform the way financial advisors in North America utilize WealthTech to enhance business health and growth opportunities for their clients.
The partnership arises from a mutual vision to democratise wealth and offer exceptional value. By combining the strengths of FusionIQ’s cloud-based platform and interVal’s insightful software, the alliance will enable financial advisors to efficiently scale their operations for profitable growth. This approach aligns with the current demands of advisors eager to embrace digital transformation in wealth management.
FusionIQ excels in delivering a comprehensive digital platform for financial advisors and institutions, known as the FusionIQ One. This platform integrates various modules including Hybrid Digital Advice, Self-Directed Investing, Digital Marketplace, and finTAMP, facilitating seamless digital transformation across multiple financial services sectors. Meanwhile, interVal specializes in providing automated analytical insights for small and medium-sized businesses (SMBs), enhancing the financial data processing capabilities of wealth management and accounting firms.
Mark Healy, chief executive officer at FusionIQ, said, “By joining forces with interVal, FusionIQ can present an expanding vision that is empowering financial advisors with the platform and tools they need to deliver exceptional value to their clients.
“Our collaboration grows the technology ecosystem available to wealth management firms and institutions, democratizing data for everyone. interVal’s outstanding capacity to ingest and analyze financial data from SMBs in real-time uncovers hidden growth opportunities and insights. There is a huge opportunity for growth in North America.”
Trevor Greenway, CEO and co-founder of interVal, said, “We are thrilled to collaborate with FusionIQ, the leading cloud-native wealth management platform featuring advanced modules tailored to advisors and investors. With the wealth transfer and changing M&A environment in North America, where $15trn in sales from 2 million boomer-owned businesses is anticipated, interVal is uniquely positioned to help advisors and business owners navigate these shifts. Together with FusionIQ, we are poised to make a substantial impact.”
The partnership is committed to simplifying the growth of assets under management (AUM) through proven wealth technologies developed by both companies. interVal’s tools provide precise valuations of non-liquid assets, crucial for advisors to enhance service delivery and gain client referrals. The collaboration also emphasizes the importance of a unified digital workflow through the FusionIQ One platform, vital for attracting and retaining clients and firm talent, and boosting the efficiency and productivity of financial advisors.
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