Nest Wealth Asset Management Inc. has landed another client for its Nest Wealth Pro digital wealth (a.k.a. robo-advisor) platform.
The company announced on Wednesday that SP Wealth LP has chosen the platform to bolster its digital advice capabilities and offerings. Both firms are based in Toronto.
Nest Wealth Pro is designed to integrate with a firm’s existing infrastructure and increase efficiency by automating tasks like client onboarding, KYC and goal tracking.
SP Wealth anticipates the deployment of their fully digital wealth management solution in the third quarter of 2018, the companies say in a news release.
“Being able to substantially reduce the administrative work that doesn’t add value to our clients and reallocate that time and energy to serve our clients better will greatly enhance our overall platform,” says James Fox, CEO at SP Wealth LP, in a statement.
“We are excited to be working with SP Wealth LP to bring greater convenience to their members and advisors,” says Randy Cass, CEO of Nest Wealth, in a statement.
SP Wealth is an independent wealth management firm that serves the needs of individuals, families, and foundations.