How is Diversify Enhancing Its Asset Management Platform?

In response to its growing popularity among financial advisors, Diversify Advisor Network is implementing key updates to its unique asset management platform. Operating in a complex financial advisory environment, these enhancements are part of Diversify’s aim to continue providing distinctive solutions that set it apart from competing platforms. The adjustments are a nod to the platform’s widespread acceptance and utilization within the advisory community, reflecting Diversify’s success in meeting the evolving demands of finance professionals. By refining its platform, Diversify Advisor Network is reinforcing its commitment to innovation and catering to the specific needs of financial advisors seeking sophisticated asset management tools and support. This strategic refinement process underscores the company’s ongoing dedication to excellence in a dynamic marketplace and represents a significant step forward in its mission to be the go-to platform for financial advisory services.

Responding to Market Demands

Investment Platform Enhancement

Diversify is innovating its asset management platform to better serve financial advisors, responding to a notable 53% surge in adoption over six months. This uptick signals a strong advisor preference for a streamlined yet comprehensive investment tool that addresses the weaknesses of current market options. With an impressive $7 billion in assets under management (AUM), the enhanced platform is poised to significantly bolster how advisors manage client portfolios. The goal is to deliver a more effective and user-friendly experience, refining the platform to match advisors’ commitment to serving their clients efficiently. The planned improvements stem from the feedback and evolving needs of the advisors who seek an optimal balance of simplicity and functionality in the asset management tools they rely on.

Team Expansion and Strategic Leadership

Guided by Chief Investment Officer David Wrigley, Diversify has witnessed remarkable growth, with the asset and investment management team expanding by 125% in just one year. Wrigley’s extensive expertise is a driving force behind the evolution of the company’s platform. His leadership ensures the bigger team is well-equipped to provide bespoke investment strategies. This growth reflects Diversify’s dedication to pioneering and reshaping the investment management landscape. With Wrigley at the helm, the company has optimized operational efficiency and fortified its support infrastructure, staying ahead in personalized client services while managing the demands of a significantly larger, more diverse portfolio. Diversify’s trajectory under Wrigley’s stewardship has positioned it as a beacon of innovation and client-focused investment management, highlighting the company’s potential for future successes in a competitive financial environment.

Enhancing Advisor Value Proposition

A Versatile Suite for Advisors

Understanding the critical role that a diversified investment portfolio plays in financial stability, Diversify Advisor Network has expanded its platform to offer a vast assortment of investment vehicles. The network now includes traditional investments, along with alternative options, seamlessly integrating passive strategies, and an array of managed accounts both in-house and outsourced. By offering unified managed accounts as well, advisors can now present multi-asset class strategies that are robust yet remain uncomplicated for clients to understand. This approach is essential in crafting personalized investment plans that can withstand market volatility while aiming to meet the varying objectives of clients. Diversify Advisor Network’s initiative establishes a comprehensive environment where investment advisors can support their clients’ needs through an extensive selection of financial instruments, fostering portfolio resilience and potential growth.

Integrating Services for Competitive Advantage

Ryan Smith, CEO, and Chief Strategy Officer Stuart Matheson are advocates for their proprietary platform, believing it gives advisors efficient, cost-effective tools. Their stance is that this approach not only streamlines resources but also amplifies the advisors’ ability to focus on fostering client relationships and delivering tailored, goal-focused guidance. The move towards a fully integrated platform highlights a strategic edge and mirrors a broader industry shift towards comprehensive solutions. By harnessing this bespoke platform, advisors can invest more in what matters most: personalized client service. This strategic integration ensures that investment management is deftly woven into client-centric advisory services, carving out a competitive niche for the company in a landscape that increasingly values such integration.

Explore more

How Can Payroll Become a Key Retention Tool in LATAM and US?

This guide aims to help employers in LATAM and the US transform payroll from a routine administrative task into a strategic tool for retaining top talent. By following the outlined steps, businesses can enhance employee satisfaction, build trust, and reduce turnover in highly competitive job markets. The purpose of this guide is to demonstrate that payroll, when managed thoughtfully, becomes

How Will SRE.ai Revolutionize DevOps with AI Automation?

In today’s rapidly shifting landscape of software development, the sheer volume of custom applications being built for various software-as-a-service (SaaS) platforms has created unprecedented challenges for DevOps teams. As businesses increasingly rely on low-code and no-code tools, alongside AI-driven development, the pace of code creation often outstrips the capacity of traditional workflows to manage it effectively. Enter SRE.ai, an innovative

Standard Chartered Leads Digital Wealth Innovation in Asia Pacific

What happens when managing personal wealth becomes as effortless as scrolling through a smartphone app? In the fast-evolving financial landscape of Asia Pacific, Standard Chartered is crafting this reality for affluent clients, blending cutting-edge technology with tailored advisory services to transform how wealth is built and preserved. This pioneering approach has not only captured the attention of high-net-worth individuals but

How Does Dynamics 365 BC Simplify Month-End Closings?

Imagine if the final days of each month didn’t turn into a grueling race against time for finance teams, where a Finance Director is buried under stacks of spreadsheets, chasing last-minute data from multiple departments, and scrambling to reconcile discrepancies as the clock ticks down. Month-end closings often feel like an uphill battle, draining energy and resources when precision and

Why Business Central Suits Process Manufacturers with Vicinity

Welcome to an insightful conversation with Dominic Jainy, an IT professional with deep expertise in leveraging technology solutions for niche industries. Today, we dive into the world of process manufacturing and explore how Microsoft Dynamics 365 Business Central, when paired with specialized tools like Vicinity, can transform the operational landscape for manufacturers who rely on formulas and recipes. In this