Access to institutional-grade technology, research and models through packaged cloud-based offerings enables RIAs to quickly expand wealth management programs
FolioDynamix, a leading provider of web-based technology, content and services for managing the full investment and wealth advisory lifecycle, today announced a suite of product offerings tailored to the registered investment advisor (RIA) market, enabling independent RIAs, small bank trusts and family offices to enhance their investment offerings, attract new clients and accelerate business growth. To help RIAs meet client demands and gain a competitive edge, FolioDynamix has bundled products and services hosted in the Cloud for turnkey deployment to the registered investment advisor community.
“FolioDynamix is giving RIAs a fast path to institutional-quality investment products and technology with virtually no overhead, in a hosted environment that shortens the rollout time to days,” said Joseph Mrak, president and CEO of FolioDynamix. “RIA firms now have the opportunity to rapidly deploy new programs and accelerate growth.”In developing its new turnkey RIA offerings – FDx RIA Basic, Expanded and Premium – FolioDynamix leveraged its deep roster of investment management products, research and pre-negotiated pricing to bundle hosted packages that eliminate the usual costly overhead and lengthy implementation time associated with launching a new wealth management program. The solutions will give firms a fast path to establishing a unified managed account (UMA) program, a must for remaining competitive in today’s industry.
FolioDynamix’ new RIA offerings include:
FDx RIA Basic – Turnkey access to FDx Connect, FolioDynamix’ cloud-based model exchange hub, populated with over 125 institutional investment manager models. FolioDynamix has contracted with some of the most highly regarded investment managers in the industry, giving its clients on-demand access to specifically tailored model-only investment products, instantly accessible to all of a RIA firm’s advisors.
FDx RIA Expanded – Turnkey access the FDx Connect model exchange hub with pre-populated models, plus unlimited access to the FDx Research portal. The FDx Research portal provides access to insights from investment managers and the FDx Advisors team on investment strategies, mutual funds and ETF’s, in easy-to-consume formatted reports to help RIAs make better decisions and offer more informed guidance to clients.
FDx RIA Premium – A comprehensive RIA business package that includes the FDx Connect model exchange hub with prepopulated models and unlimited access to the FDx Research portal, plus hosted access to FDx Propose – a state-of-the-art client household-level proposal generation tool with configurable RIA-specific branding elements including logo and disclaimers. FDx RIA Premium enables registered investment advisor firms to quickly modernize and grow their wealth management business with state-of-the-art proposal generation technology and institutional-grade investment programs.
“We continue to strive for innovation in the industry, putting models and research that were once only available to wirehouse advisors in the hands of the quickly expanding independent RIA channel,” said Shari Hensrud-Ellingson, chief investment officer for FolioDynamix. “We are empowering RIAs with turnkey packages to grow their business, while still enabling them to apply their own unique value proposition to how they manage client assets.”