Hundreds of advisors can now enjoy the low-cost, turnkey solution designed to enhance their practices
Lambertville, N.J. – August 29th, 2017 – RobustWealth, a digital wealth platform designed for financial advisors, 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.
RobustWealth is a digital wealth management platform built by and for investment advisors, and engineered to satisfy their unique needs. It integrates previously modular features into one seamless suite that advisors can leverage to optimize their practice on their clients’ behalf. The easy-to-use technology is delivered in a completely private-labeled environment, customized to the advisor’s brand.
About XY Planning Network:
The XY Planning Network is the leading organization for fee-only financial advisors who want to serve their Gen X and Gen Y peers providing comprehensive financial planning services for a monthly subscription fee and without product sales or asset minimums. The Network offers a virtual community for new and established financial advisors who want to serve a younger clientele, and provides its members compliance support services, marketing support, business tools and templates, and a wide range of technology solutions.
About TD Ameritrade Holding Corporation:
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NASDAQ:AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how – bringing Wall Street to Main Street for more than 40 years. TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade’s newsroom or www.amtd.com for more information, or read our stories at Fresh Accounts.