UBS launched a new offering, in collaboration with Addepar and Mirador, that will provide UBS’s ultra high net worth clients in the US with a consolidated, real-time view of their entire portfolio across assets and liabilities, including traditional, non-traditional and illiquid assets. UBS’s financial advisors will now have access to comprehensive analytics, which will help them more effectively visualize their clients’ investment performance, cash flows, and worth, while assessing the opportunities and risks across their portfolios.
“We look forward to working with the firm’s advisors to provide tailored solutions to help their clients understand their needs and unique ownership, family and legal entity structures to achieve their financial goals.”
“We recognize that our advisors need an intuitive, visual and modern offering that will provide a complete picture of their clients’ full portfolio – from stocks and bonds to alternative investments and their private art collections,” said John Mathews, Head of Private Wealth Management at UBS. “With this unique offering, our clients will have the ability to gain a deeper understanding of their wealth – guided by their financial advisor – to help them make more informed decisions to meet their financial goals.”
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Built with open architecture, Addepar integrates the leading-edge software, data and service partners from across the fintech industry. Addepar’s data, analysis and reporting capabilities will help UBS’s advisors consolidate clients’ performance calculations presented in an easily accessible graphic interface to unlock additional insights on returns and investment trends.
“Our partnership redefines what’s possible for advisors and their clients and truly empowers data-driven investment decisions in a timely, complete and secure way,” said Eric Poirier, CEO, Addepar. “Working with UBS, it’s clear that they recognize the importance of having the best technology, data and solutions to meet their clients’ needs – now and in the future.”
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As part of the Addepar partner ecosystem, Mirador’s financial data technology experts will support UBS’s advisors with data management, custom visualization and tailored reporting, as well as operations and system maintenance.
“We are thrilled to have UBS as our first enterprise-wide client,” said Jeremy Langlois, Chief Revenue Officer, Mirador. “We look forward to working with the firm’s advisors to provide tailored solutions to help their clients understand their needs and unique ownership, family and legal entity structures to achieve their financial goals.”
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