Wellington West Capital, one of the largest and fastest-growing independent full-service wealth management firms in Canada, has confirmed the multi-year renewal of its PriceMetrix ValueOne contract across the firm's network of 178 advisor teams.
PriceMetrix is a software company that helps retail wealth management firms and their advisors optimize selling efforts, manage clients, identify growth opportunities, and enhance practice management. "Wellington West's renewal of the ValueOne contract is a testament to the measureable performance improvements that can be achieved by enhancing practice management through business intelligence and practical tools. We are pleased to be extending our business association with Wellington West," said Doug Trott, President, and CEO of PriceMetrix.
According to Annamaria Testani, Senior Vice President, National Business Development, Wellington West, "ValueOne provides our advisors with a fact-based snapshot of their business and shows them how they stack up against their peers. ValueOne reveals the good habits and helps them improve the not so good habits in a concrete manner and often creates 'wow' moments for our advisors. The business intelligence and tools available to advisors through ValueOne allow them to quickly identify opportunities and take action to improve their business. For a growing number of advisors at Wellington West, ValueOne is changing the way they do business."
The PriceMetrix ValueOne solution delivers business intelligence regarding investment advisor practices, productivity and relative performance, as well as firm-wide benchmarking against competitive practices. This intelligence, combined with ValueOne's proprietary analytical tools, helps retail wealth management firms improve investment advisor practice management strategies, coaching, and productivity. ValueOne is fueled by a rich and longitudinal data warehouse representing 2.3 million investors, 380 million transactions, 1 million fee-based accounts, 4 million transactional accounts and over $850 billion in investment assets.