Automated critical trading, clearing, servicing, and operational workflows to increase efficiency and control.
Simplify advisor workflows and account servicing to improve productivity and client experiences.
Simplify investor communications, proxy voting, and governance while strengthening shareholder engagement.
Streamline fund operations, data management, and oversight to improve efficiency, transparency, and control.
A seasoned sales and marketing veteran, Mr. Ciavarella will report directly to BetaNXT Chairman and Chief Executive Officer Stephen C. Daffron
NEW YORK–(BUSINESS WIRE)–BetaNXT, the next wave in wealth management technology and outsourcing solutions, today announced that Dan Ciavarella is joining the company as Head of Sales and Relationship Management. A seasoned sales and marketing veteran, Mr. Ciavarella will report directly to BetaNXT Chairman and Chief Executive Officer Stephen C. Daffron.
“Wealth management firms are on the cusp of a once in a generation growth opportunity. BetaNXT provides an interconnected platform that enables firms to deliver a transformative wealth management experience,” said Mr. Daffron. “With his robust industry experience, leadership skills, and knowledge of our clients’ businesses, Dan is the ideal professional to solve their most demanding integration issues and drive the growth of our platform.”
Most recently head of sales for the Wealth Management Segment at Broadridge, Dan Ciavarella is a proven leader with a track record of success in building and developing teams to deliver results in both large global and small entrepreneurial wealth management businesses. With over 20 years of industry experience, he has held numerous senior leadership positions in product development, marketing and sales, delivering financial technology solutions to meet the needs of some of the largest firms in the industry.
“BetaNXT has remarkable industry reach, meeting the needs of industry-leading wealth management firms,” said Mr. Ciavarella. “Given the unprecedented market opportunity and the world-class team being assembled under Steve Daffron’s leadership, BetaNXT presents an exciting opportunity to play a key role in the next evolution of the wealth management industry.”
BetaNXT brings together proven wealth management solutions – Beta, Maxit and Digital Investor into a single, integrated platform. The BetaNXT approach to delivering frictionless wealth infrastructure combines intelligent, user-centric technology with deep industry perspective, and a best-in-class partner network. With an operating history of over 40 years, the firm services more than 50 million retail accounts and $6 trillion in assets on platform, processing more than 35 million securities-related transactions daily.
“A recent World Economic Forum report1 revealed that retail investors are seeking more investment advice and would invest more if they could trade on a single platform that offers a simple, consolidated view of their assets with clear, transparent fee structures. To succeed in this new normal, leading firms are seeking an end-to-end, holistic wealth management experience. It’s a remarkably simple objective, with profound implications for the future,” added Mr. Daffron.
1 World Economic Forum, The Future of Capital Markets, August 2022
BetaNXT powers the future of connected wealth management infrastructure software, leveraging real-time data capabilities to enhance the wealth advisor experience. Combining industry expertise with the power of our proven Beta, Maxit, and Mediant businesses, we are focused on solving our customers most demanding integration challenges with flexible, efficient, connected solutions that anticipate their changing needs. Our comprehensive approach reduces enterprise cost, streamlines operations processes, increases advisor productivity, and enhances the investor experience. Together with BetaNXT, wealth management firms are transforming their platforms into differentiating assets that enable enterprise scale and stimulate commercial growth. For more information visit www.betanxt.com.
Laura Barger
BetaNXT
+1 (888) 949-9957
mediarelations@betanxt.com
Justin Meise
Buttonwood Communications Group
+1 (914) 319-0339
jmeise@buttonwoodpr.com
By Mail
BetaNXT Attn: Media Relations
55 Broadway, 8th Floor
New York, NY 10006
