DriveWealth Holdings, Inc. (“DriveWealth”), a fintech company providing brokers, digital advisors and mobile online financial services companies seamless access to the U.S. securities market, and Bambu, a global provider of robo-advisory technology, today announced the launch of a white-label, end-to-end robo-advisory platform solution for the wealth management industry.
DriveWealth’s suite of APIs, which include the onboarding, ordering, funding, and reporting of U.S. stock markets, natively integrates onto any mobile platform, and its cloud-based infrastructure offers powerful scaling and pricing efficiencies. Bambu’s white-label, robo-advisor software automates the process of financial planning, saving and investing for consumers. Combining the capabilities of DriveWealth’s real-time, fractional share technology with Bambu’s responsive HTML front-end interface for smartphones, tablets, and desktops creates a user- and developer-friendly end-to-end platform solution.
Notable features of the platform include:
· An advisor dashboard that provides a one-page overview of all client activities, actionable client alerts, and tracking of invested capital and cash balances.
· A CIO dashboard that provides portfolio-building capabilities by assisting in the simulation, creation, and rebalancing of portfolios.
· An application for clients that offers them the ability to manually adjust investment goals, access live investments, and perform analyses of investments.
Robert Cortright, CEO of DriveWealth, said: “We are excited to join forces with Bambu, an innovator in goal-based planning and artificial intelligence, to launch a streamlined product for wealth managers seeking to offer a unique, easy-to-use investing platform directly to their retail customers. We look forward to a long-term partnership to advance the development of financial ecosystems globally.”
Ned Phillips, CEO of Bambu, added: “We are thrilled to partner with DriveWealth, whose expertise in brokerage services, combined with our experience developing tailored robo-advisory solutions, has resulted in a platform that we believe will transform the digital wealth space. We are confident that this end-to-end service for financial institutions in the U.S. will be a game changer in simplifying investing.”