The expanded pact was designed to “automate and bring new efficiencies to the alternative investment document and data workflows within SEI’s Archway Platform,” the firms said.
The Archway Platform is delivered by SEI Family Office Services, a provider of technology and technology-enabled service offerings to family offices, financial institutions and the ultra-high-net-worth clients they serve.
“SEI Family Office Services will leverage Canoe’s industry-leading alternatives document collection and data extraction technologies for their outsourced service clients, enhancing SEI Family Office Services’ ability to scale its operations and deliver exceptional value to their end-clients who invest in alternative assets,” the companies said.
Since 2020, the firms have worked together to deliver alternative investment data more accurately and efficiently from Canoe to the Archway Platform for mutual clients.
That integration has “empowered users of both systems to seamlessly input, track, and report on alternative investment data as a part of their holistic wealth picture,” they said.
Great Valley Advisor Group Selects Pontera
Great Valley Advisor Group, a technology-driven, full-service hybrid RIA, announced Monday that it partnered with fintech firm Pontera to allow advisors to manage and trade their clients’ retirement assets across all accounts, including held-away assets including 401(k)s and 403(b)s.
Advisors can affiliate with GVA by joining the RIA, using its office of supervisory jurisdiction (OSJ), or through a hybrid model, it noted.
GVA’s recent acquisitions, U.S. Financial Advisors and Gaines Financial Group, have built upon its growing advisor network that it says now includes 40 offices across the U.S. with a total of 135 advisors, collectively managing over $6 billion in assets across its advisory and brokerage businesses.
GVA’s advisors can use Pontera’s platform to securely manage, view, report, supervise and bill on 401(k), 403(b) and other held away accounts in a compliant manner, the hybrid RIA said.
Pontera’s technology provides GVA advisors with a “more complete picture of a client’s financial situation, as well as the ability to own the execution of investment strategies, ensuring a more coordinated asset management strategy,” according to GVA.
(Pictured: Kelly Waltrich, CEO and co-founder of Intention.ly, left, and C-Suite Social Media CEO Tina Powell.)