Wealth Access Adds Chief Product Officer and Onboards $84 Billion AUA in Q1 2019 - Wealth Access

Wealth Access continues its growth in financial services’ aggregation and client experience tools with its first dedicated product officer and largest quarter of growth in company history.

NASHVILLE, TENN.-JUNE 11, 2019

Wealth Access, the industry’s largest independent personal financial management and account aggregation platform, announced today that it has hired Cameron Taylor as its first Chief Product Officer.

Taylor has over 18 years of experience in the financial technology industry, including four years as Vice President of Product for FIS, an international provider of financial services technology. Most recently, he was the Senior Research Analyst of Wealth Management at Cutter Associates, a strategic research and consulting firm for asset and wealth managers based in Boston.

“Wealth Access is a clear leader in providing innovative financial technology for financial advisors and banking institutions, and I’m very excited to join their team and help bring that technology to more firms,” said Taylor. “I’m looking forward to continuing to innovate on data aggregation, as well as getting our mobile personal financial management tools into the hands of more consumers.”

“Through his experience as a product leader at FIS, Cameron has shown an ability to drive innovation at a rapid pace and on a broad scale,” said David Benskin, CEO of Wealth Access. “I’m confident that his addition will help us to develop a platform that provides the most benefit possible to advisors as they look for a way to scale their client relationships and provide personal service.”

Wealth Access also announced its largest quarter ever of growth, with $84 billion added to its platform in the first quarter of 2019. This growth signifies an increase of 328% over the same time period in 2018.

The company’s growth can in part be attributed to its regular product updates, including the following enhancements released in May 2019:

• Tax Lot Reporting: Clients of FIS GlobalPlus are now able to view all tax lot data on holdings and transactions of managed accounts.
• Broadcast Messaging: Advisors can configure system-wide notifications to clients to display in their Wealth Access Client Portal.
• Additional Direct Data Feeds: Wealth Access now supports 24 direct daily data feeds from various systems, including direct bulk data collection from Pershing and LPL.
• Scheduled Reports: Client reports can be configured to run at predetermined times or on a recurring schedule to be delivered directly to a client’s Wealth Access Document Vault.

This fall, Wealth Access will host its inaugural client conference in Nashville. More details will be shared in the following months.

 

About Wealth Access

Wealth Access is an innovative wealth management technology firm that provides reporting solutions for the high net worth advisor and investor community. Its proprietary and diagnostic cloud-based platform aggregates information from more than 20,000 financial services institutions and various holdings to deliver an aggregated view, allowing for better decision support in investments, tax planning, insurance and other complex situations faced by high net worth individuals. Founded by a former Merrill Lynch high-net-worth advisor, Wealth Access provides a complete platform for advisors to collaborate with other professionals and position themselves central to their clients’ lives. Headquartered in Nashville, TN, Wealth Access is backed by successful investors and notable wealth management technology platforms. For more information, please log on to https://www.wealthaccess.com.