WESTON, Mass.–(BUSINESS WIRE)–Advisor360°, a software-as-a-service (SaaS) provider of embedded technology for the wealth management industry, today announced a major multi-product enhancement to its existing Beneficiaries capability. Financial advisors are now able to view and report on their clients’ beneficiaries on Insurance products, in addition to deposit and investment accounts, in one view.
“Having consolidated beneficiaries reinforces Advisor360°’s leadership position in providing multi-product support and solutions to broker-dealers, advisors and their clients,” said Patrick Noonan, Chief product for wealth management and insurance at Advisor360°. “With our latest enhancement, it’s never been easier for advisors to guide clients on necessary updates for their future heirs and beneficiaries, which is an essential part of estate planning.”
Enhanced functionality integrates beneficiaries of all investment products, including insurance and annuities, eliminating the need to visit multiple websites. Advisors can view and generate efficient reports on primary, secondary, tertiary, and custom beneficiary agreements for in-force and pending policies. This simplifies the preparation for meetings and allows clients of advisors to see all the information about the beneficiaries of their investments in a single view.
“On the heels of the digital integration rollout, today’s announcement is further evidence of Advisor360°’s commitment to developing and delivering best-in-class multi-product capabilities. We believe that continuous innovation is part of our responsibility to our current and future customers,” said Darren Tedesco, President of Advisor360°.
Advisor360°’s insurance and wealth management capabilities are already the most sophisticated on the market, and the company plans to offer new features later in 2022 to remove even more technological hurdles that brokers must overcome to stay competitive.
Based in Weston, Massachusetts, Advisor360° is a software-as-a-service (SaaS) provider that develops, integrates and delivers technology to wealth management companies. Company ownership Unified Data Structure™ (UDF) synthesizes complex and disparate data streams into a single platform for a highly sophisticated wealth planning solution. Today, 3 million households with $1 trillion in assets under management benefit from the built-in Advisor360° experience. Whether it is the back office of the company, the advisor in direct contact with the client or the individual investor, Advisor360° brings clarity to all stakeholders looking for a holistic approach to household wealth management. Advisor360° was launched as an independent company in 2019 and was named the second largest fintech company in Massachusetts by The Boston Business Journal in 2021. To learn more, visit www.advisor360.com.