Paritech has signed Independent Capital Advisers ("Incapital") to its new Wealth Management platform, MyTotalView.
Totalview provides StockBrokers, Financial Planners and IMA Managers with a Wealth Management platform that combines Portfolio Management, Administration, Trading and Execution and Reporting services all in one easy to use online environment.
Managing Director John Mlikota, said “we were looking for a white label, open architecture platform, with integrated share trade execution and reporting at client and adviser level, as well as a full administration service for various financial products including, cash, property and managed funds. The sophistication and ease of use of the platform is what separated it within the market place”.
Paritech CEO, Rick Klink said "Totalview plugs a significant gap in the Australian wealth management platform space as it allows Advisors to offer a premium level of service to their clients through a white labelled portal. It allows an advisor to offer their client a private log on to view their portfolios online and interact with the portal by updating client information and access source documents including contract notes.”
Rick adds, “An advisor doesn't need to manage multiple systems in their back office any more as TotalView is an integrated wealth management platform. Our platform is unique in that it has been built to accommodate the needs of SMSF structures with regards to client investing and administration activities. This focus allows an Advisory firm to profitably scale their offering to the market."
The platform provides 3 levels of operation: Trade and Execution Reconciliation Reporting, IMA/SMA portfolio administration, and a full SMSF service.
It integrates and aggregates data feeds from both real time and batch data systems from the ASX, CMA providers and wrap platforms and delivers more comprehensive information to advisors and their clients. Totalview is also one of a select few integrated platforms that provides double sided entry in addition to manual and electronic documentation management.
Incapital is a boutique wealth management firm offering client's managed discretionary accounts and financial planning solutions.
Paritech is a leading provider of product and services to the Investment community, focussed on the rapidly growing self directed market segment.