Bringing you live news and features since 2006 

Wealthspire Advisors launches Wealthspire Pathways digital wealth management solution

RELATED TOPICS​

Wealthspire Advisors, an independent investment adviser, has launched Wealthspire Pathways, a digital wealth management solution that combines the firm’s traditional focus on financial planning and client service with an automated technology platform.

Wealthspire Advisors’ goal in launching Pathways is to bring professional financial planning and investment management services to a broader group of clients, including those who are accustomed to using online interfaces.

One of the biggest differentiators between Pathways and standard “robo-advisor” platforms is that clients have access to a dedicated Certified Financial Planner (CFP). Advisors specialising in the platform will work with clients to develop a personalised financial plan based on the client’s unique situation and goals. The plan will be updated annually or when major life events occur.

“Our decision to centre Wealthspire Pathways relationships around dedicated advisors rather than a call centre structure was intentional,” says Wealthspire Advisors CEO, Mike LaMena. “This structure helps us maintain our high standard of care across all clients and offerings. Over time, we expect many Pathways clients to transition to our more traditional service model. We want their experience to be consistent and seamless.”

Wealthspire Pathways leverages Schwab’s automated investment management platform, but with the firm’s investment team ultimately making investment selections for clients based on each one’s risk profile. Clients complete an online questionnaire so they can be matched with one of Wealthspire Advisors’ preferred portfolios. The portfolio choice is then confirmed as appropriate through the firm’s personalised planning process.

“We believe there is value in a centralised investment function with a point of view,” says Wealthspire Advisors Deputy Chief Investment Officer, Dmitriy Katsnelson. “While we will have preferred portfolios for our Pathways clients, the investment team will actively monitor and adjust portfolios to each client’s needs.”

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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