Bringing you live news and features since 2006 

WealthHub Solutions raises USD1.6m to fund trust administration platform

RELATED TOPICS​

WealthHub Solutions, a provider of fiduciary management software, has completed a financing round of USD1.6 million from individual investors and institutions including Rittenhouse Ventures and Ben Franklin Technology Partners.

WealthHub will use the financing to accelerate its continuing growth and expand product development.
 
“WealthHub’s solution for administering high net worth relationships fills a vital hole in the wealth management technology market,” says Bruce Luehrs, managing partner at Rittenhouse Ventures. “We believe WealthHub has a significant and exciting opportunity in helping trust companies and family offices operate more efficiently and look forward to being involved in their continued growth.”
 
WealthHub is a deep vertical CRM application serving trust companies and family offices. Its cloud-based system automates the daily activities of trust officers and other fiduciary managers while providing data aggregation, integration with accounting systems, and management and client reporting.
 
It serves as segment of the wealth management market – trust companies and family offices – that has not had access to the automation tools that are readily available to financial advisers and bankers.
 
“We are delighted to welcome our new partners,” says WealthHub CEO Jim Marks. “It is valuable and gratifying to have the participation of investors with long and successful experience in financial technology investing. Equally exciting is having multiple ex-bank CEOS participating as individuals that recognise the value and potential of the WealthHub platform.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by