Investment advisory firm Summit Equities has selected HiddenLevers as its core technology partner in a step to address risk monitoring for the home office and risk-centric proposal generation for advisors.
HiddenLevers offers a full portfolio risk analytics solution which caters to all wealth management segments to enable seamless workflow.
Summit Equities CEO Stan Gregor said: “Assembling a comprehensive platform with elite fintech providers, HiddenLevers became the obvious choice for our risk tech needs in both front and back office.
“We like their laser focus on product and integrations instead of marketing, and their platform really complements the tech stack that we built for our advisors.”
Under the collaboration, Summit will be using HiddenLevers Risk Monitor to turn up the dial on advisor oversight and maintain client portfolios within risk tolerance scores.
All Summit advisors can access the client-facing toolkit which includes portfolio stress testing, the Hello-to-Close client workflow as well as investment proposals for prospective clients.
They can also utilise the interactive tools to assess the impact of recent economic situation and developments around the world.
The home office of Summit will be leveraging HiddenLevers Risk Monitor.
By using HiddenLevers’ Addepar and eMoney integrations, the Summit home office will receive aggregate risk analytics and notifications on drifting accounts.
HiddenLevers business development team member Jeff Baker said: “Summit has proven that smart technology decisions and economies of scale can pay off for broker dealers.
“You choose the best technology vendors in each space and create a seamless workflow for advisors. I’ll bet many broker dealers try to copy Summit’s model now.”