Data Aggregation for Ultra-High Net Worth Advisors

CASE STUDY

Personalized financial advice is the key to building trusted advisory relationships with Ultra-High Net Worth (UHNW) clients. ​Ninth Wave’s platform unifies held-away and managed assets to provide the holistic view advisors need to drive actionable insights for their clients.

Eight of the top ten U.S. wealth management firms (as measured by U.S. high-net-worth private client AUM) have deployed Ninth Wave’s platform to aggregate client data, including “assets held away” that are stored in disparate firm-wide systems.

The solution, using the Ninth Wave Platform, was designed to handle complex household and accounting relationships. This allows support of family advisors and commercial accounts often where an individual/corporation or accounting firm has legal access to many parent and child accounts. It also provides “Officer” access to company assets of LLCs, family trust funds, non-profit funds, corporate accounts, and other financial relationships.

In addition to providing the aggregation platform, Ninth Wave also co-developed an equity evaluator application using the aggregated data to help advisors provide guidance in the areas of:

  • single stock risk
  • sector risk
  • advisory billing
  • and holistic performance reporting for their complete portfolio.

The equity evaluator also uses data from external banks and wealth managers, client files, pricing systems and sources (e.g. Bloomberg) and other industry-standard feeds across asset classes.

Sophisticated data models that align with a wealth management firm’s business model, including client relationships, were also part of the solution provided by Ninth Wave.

The combination of Ninth Wave’s platform and financial service expertise resulted in an industry-leading solution providing a 360-degree view as well as advisory applications for UHNW wealth managers, delivering:

FULL CLIENT PORTFOLIO VIEW​

Consolidate and reconcile disparate data sources for a 360° financial view for your clients to drive business development and informed financial planning​

​HIGH QUALITY DATA COLLECTION​

Up-to-date, direct connections to wealth firms and leading custodians, drilling data down to the tax lot level​

PROVEN INDUSTRY LEADING EXPERTISE​

We’ve connected to 8 of the 10 largest wealth management firms for decades mapping a wide range of account types​

UNPARALLELED SECURITY & PRIVACY​

Provide tokenized data access and allow your customers to permission accounts for sharing​

Learn more about the Ninth Wave platform, and how it can help your organization succeed.