Wealth Access and RightCapital establish integration to improve efficiency of wealth professionals and to deliver more accurate and up-to-date financial plans.
Wealth Access digitally engages clients and prospects through a branded mobile app collecting financial account data and documents to create the client’s full balance sheet and to drive actional insights to wealth professionals. This collected information can now be brought directly into the RightCapital planning experience, thus saving valuable time for wealth professionals by eliminating the time-consuming and error prone rekeying of financial account information. Additionally, the planning experience can continue with up-to-date account balances and positions creating more accurate financial plans.
“Through our open architecture, we continue to look at new opportunities that drive efficiency in the wealth management lifecycle and ultimately deliver a higher level of service to clients,” said Cameron Taylor, Chief Product Officer of Wealth Access. “Being the system of record for the client’s complete financial picture, we’re excited about our integration with RightCapital and the opportunity to help drive an optimized planning experience.”
RightCapital’s financial and tax planning software helps advisors create robust retirement plans using advanced Monte Carlo simulations, optimize Social Security, offer tax-efficient drawdown strategies and Roth conversions, and manage their clients’ tax liabilities, budgets and debt pay-off strategies. The new integration will help advisors save valuable time and streamline their workflows by automatically updating client data and account values in RightCapital’s platform from Wealth Access.
“We are very excited to announce this partnership with Wealth Access,” said Shuang Chen, co-founder and CEO of RightCapital. “RightCapital is committed to helping advisors grow their business, and our robust platform integration now enables advisors working with Wealth Access to deliver differentiated value to their clients.”
The integration is available now to all existing Wealth Access and RightCapital customers.
Join Wealth Access and RightCapital for a partner webinar on May 6th at 1:00 pm EST to learn more about the new integration. Register here
After 15 years working with financial advisors, RightCapital co-founders Shuang Chen, CFA® and Song Chen recognized how complex many of the industry’s leading financial planning software systems had become over time. Founded in 2015, RightCapital was created with the goal of developing next generation financial planning software that advisors can use to simplify the financial planning experience for their clients with three main goals: an elegant, modern look and feel; interactive, easy to use tools that can be shared by advisors and clients; rigorous and robust calculation engine that generates accurate results quickly.
To learn more, visit www.rightcapital.com.
About Wealth Access
Wealth Access is an innovative wealth management technology firm that provides digital, mobile-enabled reporting solutions for the high net worth advisor and investor community. Through the collection of financial data and documents, Wealth Access represents the system of record for the client’s full financial picture through the entire wealth management lifecycle. Its proprietary and diagnostic cloud-based platform aggregates information from more than 20,000 financial services institutions and various holdings to deliver actional insights allowing for better decision support in investments, tax planning, insurance and other complex situations faced by high net worth individuals. Founded by a former Merrill Lynch high-net-worth advisor, Wealth Access provides a complete platform for advisors to collaborate with other professionals and position themselves central to their clients’ lives. Headquartered in Nashville, TN, Wealth Access is backed by successful investors and notable wealth management technology platforms.
To learn more, visit www.WealthAccess.com.