United States, 21st Oct 2023, King NewsWire – AdvizorStack, a visionary player in the financial technology sector, is thrilled to introduce a groundbreaking solution aimed at empowering financial advisors in today’s dynamic landscape. In a fast-paced world where fintech innovation is crucial, AdvizorStack is determined to revolutionize how advisors navigate the digital age by breaking down technology barriers.
Financial advisors have long faced a glaring challenge: the absence of an affordable platform for trading advisor-driven portfolios. Recognizing this need, AdvizorStack has introduced a game-changing solution.
Paul DeMaio, CEO of AdvizorStack, emphasized the significance of this development, stating, “This solves a huge need in the space for advisors that want to have the ability to create their own portfolios, create rebalancing rules at the model and individual account level.”
AdvizorStack has strategically partnered with Qdeck, making it the primary advisor portfolio manager sleeve. Qdeck now comes as an integral part of the initial purchase of AdvizorStack, equipping clients with an institutional-grade trade order management system that is agnostic to custodians. This significantly simplifies an advisor’s investment process through one centralized platform.
Jagdeesh Prakasam, CEO of Qdeck.ai, expressed his excitement, “For over 60 years, financial advisors have seen only incremental improvements in technology offerings. Finally, Qdeck.ai and AdvizorStack have teamed up to deliver a digital framework for financial advisors that captures the ethos and expectations of the next generation of advisors and their clients.”
Nico DeMaio, President and Founder of AdvizorStack, underlined the appeal of generative AI in this partnership, stating, “What interested me was the use of generative AI to allow models to create their own weightings, drift thresholds and truly made the advisor’s life easier. As the next generation of advisors continue to prepare for the great wealth transfer, tools like this are going to be the difference in recruiting advisors and keeping assets at your firm.”
AdvizorStack, conceived by advisors for advisors, is on a mission to provide an Outsourced Chief Technology Officer for everyday Registered Investment Advisors (RIA). Traditionally, only larger firms had the capacity to craft unified experiences and dashboards. However, AdvizorStack extends this capability to the everyday advisor by creating institutional-level contracts and hand-selecting vendors to meet specific needs. As for financial advisors, AdvizorStack acknowledges the challenge of selecting the right technology to align with their needs.
AdvizorStack is the one-stop solution to create a wirehouse-type home office. Offering support during advisory transitions and managing the implementation and onboarding of advisors onto their new technology stack, AdvizorStack acts as your firm’s back office. They stand at the forefront of empowering advisors to thrive in an evolving landscape, leveraging technology to transform obstacles into success.
Qdeck, an innovative FinTech company, harnesses the power of generative AI and investment management technology to empower Registered Investment Advisors (RIAs) in enhancing their clients’ digital experiences while seamlessly managing their portfolios. Their Qdeck platform, developed over four years and recently introduced to the market, offers a robust suite of features, including real-time access to financial data, advanced financial simulation and reporting tools, an AI-driven chat interface providing actionable insights, customizable compliance-friendly content, comprehensive client account management, and a fully tailored client portal. With the Qdeck model library at their fingertips, RIAs can effortlessly incorporate advanced portfolio overlays or develop their own custom Robo-advisor, all for a flat subscription fee.
For more information on this exciting partnership, AdvizorStack and Qdeck will be discussing generative AI and how AI tools will continue to change the way Financial Advisors do their job on the “Adjusted for Risk” Podcast on November 6th.
For more information, please feel free to contact the AdvizorStack team at
Contact Person: Nico DeMaio
Contact Number: +1 4129017188
Country: United States
Release Id: 2110237259
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