There’s a massive transformation of generational wealth in the coming years. Wealth technology is transforming the industry to provide digital solutions for managing wealth, investments, and personal finances. These solutions ultimately help democratize access to financial services, empower individuals to make informed financial decisions, and drive innovation within the wealth management industry. For example, Toronto-based FutureVault has built the ultimate Digital Vault for modern firms, advisors, and their clients. The company is leading the transformation in this space. Another wealtech company on the rise is called Mako Fintech. Mako is a workflow automation built specifically for the needs of the wealth management industry. The company has had a significant growth in the past year:
“In 2023, we set some aggressive goals for ourselves – on product development, implementations and sales – and we smashed them all. We built entirely new teams, like Customer Success, and struck some fantastic partnerships. This year, we’re unblocking all the stops and seeing how far we can go. I couldn’t be more excited about the year ahead!” – Raphael Bouskila, President at Mako
Check out the complete list of wealthtech companies below:
Absolute Engagement
Absolute Engagement helps you gather and use client input to elevate your client experience and uncover unmet needs and opportunities among existing clients.
CapIntel
CapIntel is an investment sales platform for wealth enterprises and professionals. The company previously has raised $11 Million series A funding.
ReachStack
ReachStack is a Financial Advisor Marketing, Education and Intelligence solution for Wealth Management firms. With ReachStack wealth management leaders unlock the value of each advisor having data driven, profitable relationships with every client, their family and friends.
NestWealth
NestWealth is one of Canada’s largest independent digital wealth management platform, offering a suite of digital solutions to wealth management and financial services firms, individual advisors and investors.
OneVest
OneVest is a financial technology company on a mission to power the world’s wealth. It offers an end-to-end wealth management platform, from client onboarding, to portfolio management, to analytics and beyond. OneVest’s software was built to be modular, allowing financial institutions to fill gaps in their process depending on their needs. The company was founded in 2021 by Amar Ahluwalia, Jakob Pizzera, and Nathan Di Lucca, and quickly gained traction, most recently securing $17M in Series A funding in June 2023. With offices in Toronto and Calgary, OneVest is quickly expanding, and recently entered the U.S. market.
Infinite Investment Systems
Infinite Investment systems specializing in the design and development of advanced portfolio management systems for the financial industry.
Conquest Planning
Conquest planning is reimagine financial advice delivery. Modernizing how financial institutions deliver advice across all their customer segments. Simplifying the complexities of financial planning without sacrificing holistic planning needs, from personal to corporate and beyond.
PureFacts
PureFacts provides enterprise wealth management and asset management solutions for the financial services industry in Canada, United States, Europe, Asia Pacific, Middle East and Africa.
Croesus
Croesus provides innovative, high-performance, and secure wealth management solutions that include portfolio management systems, portfolio rebalancing tools, and application programming interfaces (APIs)..
D1g1t
d1g1t is the 1st Enterprise Wealth Management Platform powered by institutional-grade analytics & risk management tools that enables firms to elevate the quality of advice & demonstrate its value to clients.
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NDEX
Ndex Systems specializes in financial data and wealth management. Our patented software and suite of tools revolutionizes the pathways to financial empowerment with innovative and trustworthy solutions that above all prioritize our clients’ success.
Mako Fintech
Every independent wealth or asset management firm has their own approach to investing. That’s why the Mako Fintech workflow automation system is designed to be easy to configure: allowing any firm to develop bespoke workflows to offer tailored financial advice. Whether you are completing subscription documents for VC or hedge funds, customized robo-advisory workflows, or complex beneficial ownership or householding data, Mako can offer the ideal user experience with its low-code framework.
In use by major wealth managers, fund managers and banks, Mako is built by a team of 40 based across Canada and growing faster and faster every day.
FutureVault
FutureVault is a market-leading provider of secure document exchange and Personal Life Management Digital Vault solutions purposely built for the financial services and wealth management industries. FutureVault’s innovative, multi-tiered platform enables institutions, firms, advisors, and clients/households to manage information better, together.
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