Wealthtech Firm Becomes Third-Party Portfolio Management Software Provider For Global Broker
Woburn, Massachusetts-based FusionIQ, the cloud-based wealth management solutions provider, integrated with automated global electronic broker Interactive Brokers Canada. This new integration will initially provide benefits for portfolio managers, including access to the Hybrid Digital Advice platform in FIQ Journey. This platform, which connects the front, middle, and back offices into a single digital workflow, is designed to enhance practice efficiencies and drive scalable growth for portfolio managers.
“We are delighted to work with Interactive Brokers Canada to bring our cloud-native wealth management solutions to Canadian financial advisors and firms,” said Mark Healy, Chief Executive Officer of FusionIQ.
“FusionIQ’s integration with Interactive Brokers Canada represents a significant opportunity for financial advisors to leverage advanced technology and enhance their competitive edge in the industry. This integration marks a significant step forward in our mission to provide Canadian advisors with the white-labeled wealth management platform they need to thrive in today’s digital landscape.”
Hybrid Digital Advice is one of four modules on the cloud-native FusionIQ One platform. FIQ Journey’s Hybrid Digital Advice platform for portfolio managers offers functionality including white-labeled investor websites; digital-first client experiences, including a mobile app; multilingual structure; and access to a mass affluent solution.
“FusionIQ Canada’s integration with Interactive Brokers Canada means we will be able to provide portfolio managers with an end-to-end practice management solution leveraging Hybrid Digital Advice,” said Howard Atkinson, Head of Business Development at FusionIQ Canada. “This integration underscores our commitment to providing advisors with the modern tools and resources they need to succeed in a competitive market.”
In March, FusionIQ launched FIQ Market One on the FusionIQ One platform. It provides access to investment opportunities and features white-labeled, unified advisor and client portals. This month, it launched FIQ Freedom on the FusionIQ One platform, which is designed to support smoother transitions by advisors breaking away from wirehouses and moving to the independent model.
