FTF News: Fiserv Upgrades Wealth Management System

FTF News reports on the recent upgrades to Unified Wealth Platform from Fiserv, including new options for customized dashboards and advisor tools that support both rep-as-portfolio manager or rep-as-advisor programs.

 Fiserv reports that the platform enhancements are intended to benefit:

  • Broker-dealers that need operational efficiency improvements "across their managed account businesses with advisor capabilities available from the Unified Wealth Platform"
  • Asset or model managers that need to increase distribution opportunities "as more financial advisors migrate" to the platform
  • Financial advisors that need to "streamline workflow through enhanced portfolio management and trading tools, and manage full-discretion and nondiscretionary accounts on a single platform"
  • And investors that need "greater clarity, insight and efficiency from their advisors when they leverage the new tools"