The firm has spoken about how advisors can scale up their business, pull systems together and improve client acquisition and retention rates by adopting better technology. One feature is digitalising wealth planning.

InvestCloud, the wealthtech platform, has appointed Michael Roth as president of digital planning.

In this new role, Roth will grow the firm’s proposition to support even the most complex planning scenarios – such as tax, estate, cashflow and succession planning – while tailoring solutions to meet worldwide jurisdictional requirements . 

“Whether you’ve just started earning or you are an ultra-high net worth individual thinking about succession planning, the fundamental thing you want from your advisor is a plan to achieve your goals,” John Wise, InvestCloud CEO, said. “Michael has tremendous experience and passion for how technology can be applied to simplify and streamline the financial planning space and will be a great asset as we propel innovation in one of our core client offerings.” 

Roth added: “The financial planning market is ripe for disruption. Most solutions are fragmented and therefore the plans struggle to support and grow as an individual or household moves through their wealth journey – too often damaging client retention.”

This news service recently spoke to Christine Ciriani, CEO of InvestCloud in the EMEA region, about her views on how wealth advisors can scale up their business, unify systems and improve client acquisition and retention rates by adopting better technology.

Among other developments, InvestCloud recently announced enhancements to its premium planning solution in North America, NaviPlan. 

The firm has more than 20 offices in locations including New York, London, Geneva, Singapore, Tokyo and Sydney.