Advicent partners with Quovo to accelerate convergence of personal financial management and financial planning

September 3, 2015

Partnership to create a better and more effective financial planning experience

Today, Advicent, the leading provider of SaaS technology solutions for the financial services industry, announced its partnership with Quovo, an innovative financial data science company that addresses the needs of the wealth management industry. Quovo will provide account aggregation and direct custodial integrations to accelerate the integration strategy of Advicent Solutions and the convergence of personal financial management (PFM) and financial planning.

Cory Olson, senior product director at Advicent, said, “Through this partnership, we will help advisors serve an increasing number of their clients more effectively. Planning will now be easier, continuous and interactive and will be done in real-time. In accomplishing these things, the partnership with Quovo supports the Advicent mission of enabling everyone to understand and impact their financial future.”

Advicent believes Quovo is the best partner for their goals because of Quovo’s ability to expand the Advicent Solutions offering in the areas of PFM and account aggregation, allowing for a better client experience. The partnership will enable advisors to automate their data gathering which will reduce their plan creation time and will allow them to gain a complete and continually updated view to a client’s current and future financial situation.

“We're excited that Advicent shares our vision about the future of wealth management and financial planning being built on a foundation of rich data,” said Lowell Putnam, co-founder and CEO of Quovo. “By offering our aggregation to the broad client base Advicent has, even more advisors will be able to service clients with holistic advice. Additionally, the larger enterprise clients of Advicent will be positioned to capitalize on the business intelligence opportunities that our platform will be providing."

In coming months, Advicent Solutions will leverage the partnership to launch a new, collaborative client experience that combines PFM and financial planning.

About Advicent

Advicent is the leading provider of SaaS technology solutions for the financial services industry, servicing the world’s largest financial institutions. The Advicent Solutions product suite includes the NaviPlan®, Profiles™ and Figlo® financial planning tools, the Advisor Briefcase® marketing tool and the Narrator® application builder. Through our innovative product capabilities and dedicated services, we are able to help thousands of financial professionals and their clients understand and impact their financial future. Our mission? To one day enable everyone to achieve this same goal. To learn more about Advicent Solutions, visit advicentsolutions.com or email marketing@advicentsolutions.com.

About Quovo

Quovo is an innovative financial data science company that addresses the needs of the wealth management industry. Quovo offers an enterprise-grade data management platform that empowers financial advisers, financial institutions, and adviser-technology providers, to more intelligently aggregate, extract, manage, and analyze financial portfolio data. Quovo’s full-stack platform not only provides the essential backbone for aggregation and business intelligence analytics, but also offers dashboard tools to make complex data insights intuitive. For more information, please visit quovo.com.