RobustWealth has created an online, comprehensive investment management and back-office administrative solution for XY Investment Solutions (XYIS), a recently launched subsidiary TAMP of XY Planning Network (XYPN).
The XYIS TAMP solution, powered by RobustWealth's fully integrated platform, will be offered to XYPN's 450+ advisors, who primarily serve Gen X and Gen Y clients providing financial planning and supporting investment management solutions.
RobustWealth was designed by advisors for advisors, and offers features such as automated billing, custom glide paths, document vaults, goal-based institutional-quality investments, model portfolios and rebalancing.
RobustWealth makes it easy for advisors to quickly onboard clients, who will also have access to the platform via a user-friendly portal.
"Advisors and digital wealth platforms can greatly complement each other, especially in practices that serve tech-savvy clients," says Rick Frisbie, CEO of RobustWealth. "XYPN was the perfect partner for our platform, and we are proud to support XYIS, a relationship that benefits both parties. We hope they enjoy the many features our platform offers, all of which were designed with advisors' best interest in mind."
"The XYIS platform, powered by RobustWealth, allows our advisors to focus on the core financial planning value propositions they do best, and outsource their model management trading and back-office administrative functions like rebalancing and account opening," says Alan Moore, co-founder of XY Planning Network and XY Investment Solutions.
The digital wealth platform was created with help from TD Ameritrade Institutional, a provider of brokerage and custody services to more than 5,000 independent registered investments advisors (RIAs). Last year, TD Ameritrade Institutional joined forces with XYPN to provide dedicated service and business-development support for XYPN members.
