NFP Ventures Invests in Wealth Technologies Inc., a Provider of Innovative Digital Financial Planning Solutions
WealthTech's proprietary fGPS financial planning platform allows customers to offer personalized, client-focused financial services at scale. Through analysis of personal assets, liabilities and cash flows in the context of the user's financial goals, the fGPS platform provides hyper-customized guidance that puts the client at the center of financial planning. WealthTech's technology goes beyond financial advice by creating a field of dynamic financial decision making for individuals and households with options ranging from defining and prioritizing goals, managing expenses, making credit and financing decisions, and optimizing insurance coverage.
With the investment, WealthTech will have access to NFP's current distribution capabilities in insurance and corporate wellness, with a particular focus on those clients who often can't access sophisticated financial planning solutions due to cost. Partnering with WealthTech demonstrates NFP's commitment to equipping clients with advanced advice and tools designed to enhance financial wellness.
"NFP continues to explore opportunities that allow us to serve a broader range of clients and needs," said
"WealthTech's intelligent solutions represent an opportunity to complement our existing individual and institutional wealth management solutions and serve a broader range of clients," said
"NFP's focus on providing exceptional advice to their clients creates an optimal environment for utilization of our financial planning tools," said WealthTech cofounder
About WealthTech
WealthTech is a founder funded digital finance company with deep financial services industry experience, whose principals have successfully developed, deployed and scaled groundbreaking technologies across multiple businesses and financial service sectors. WealthTech has developed innovative technology enabling the creation and operation of dynamic financial planning strategies which are significantly more flexible and powerful than existing planning technologies. WealthTech's fGPS financial goal positioning system is the first scalable, hyper-customizable implementation of this technology enabling the provision of advisor assisted or fully automated turn-by-turn guidance, encompassing all aspects of financial decisions from strategic goal formulation and prioritization, ongoing budget and expense management, balance sheet and liquidity management, credit and financing decisions, to investment allocations and risk management. WealthTech's fGPS platform reshapes the personal finance industry by allowing its partners to massively expand their capabilities and reach. For more information, visit wealthtech.com.
About NFP
NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,600 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 6th largest US-based privately owned broker, and 8th best place to work in insurance (
Visit NFP.com to discover how NFP empowers clients to meet their goals.
About
Read the full story at https://www.prweb.com/releases/nfp_ventures_invests_in_wealth_technologies_inc_a_provider_of_innovative_digital_financial_planning_solutions/prweb16928042.htm
Best’s Market Segment Report: U.S. Health Insurance Industry Facing Tighter Margins in 2020
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News