FCI Advisors has digitised its client engagement with financial technology InvestCloud.
FCI Advisors has been using InvestCloud’s document storage apps since 2014, however, it has now added a new functionality from InvestCloud to give clients the ability to interact with their wealth in more ways online.
The new component allows clients to monitor allocations, securities and transactions, and to review performance.
The client portal also stores relevant documents and provides news content so clients can access information in one place.
The digital platform is powered by the InvestCloud Digital Warehouse, which aggregates data from multiple systems and custodians, integrating it into information that is securely stored.
Rachel Stewart, vice president of marketing and communications at FCI Advisors, said: “Digital isn’t just for the latest generation of investors—many clients are already looking for new ways to interact with their wealth.”
She added: “This is what the InvestCloud digital platform does for us—allowing us to serve today’s investors and give them the tools they need while also providing for the next generation of clients. It allows us to further our mission to counsel investors, steward their assets and create peace of mind.”
John Wise, co-founder, CEO and chairman of InvestCloud, commented: “There is a desperate need for the wealth industry to go digital. This isn’t a future problem, this is an issue that is already threatening the bottom line for wealth managers.”
He added: “We are proud to work with forward-thinking firms such as FCI Advisors. By combining their long heritage and expertise in financial advice with an intuitive, involved and individual digital platform, they are leading the way in building better relationships with their clients and delivering superior performance.”
