PLANADVISOR Mentions BetaNXT’s Adviser Product Partnerships

BetaNXT, a wealth management technology and outsourcing solutions firm, has partnered with Envision Financial Systems, a provider of real-time investor recordkeeping solutions, to deliver an integrated brokerage and mutual fund subaccounting solution. Under the terms of the agreement, BetaNXT will offer Envision’s brokerage platform and mutual fund capabilities to customers under a single relationship and support structure.

BetaNXT’s partnership with Envision arose out of customers’ requests to implement third-party mutual fund subaccounting in a unique way that could not be satisfied with the alternative systems available. Envision was able to meet the need for a hybrid service model within previously established timelines. The BetaNXT-Envision partnership launched with AssetMark and has since been made available to other BetaNXT clients.

Source: PLANADVISOR