XY Planning Network Partners with Capitect to Offer Client Portal and Performance Reporting Technology to Members

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Innovative, industry leading advisor technology from Capitect will be key offering for influential group of emerging advisors to help better attract and retain clients

The client portal from Capitect provides up-to-date portfolio reporting designed for online and mobile access without the need for paper documents or pdf files, as well as eliminating the need for manual uploading of custodian files.

Capitect, an innovative advisor technology platform, announced today that XY Planning Network (XYPN) will offer Capitect’s client portal and performance reporting technology to its network of nearly 600 advisors as part of their membership benefits for no additional fee. Capitect’s client portal includes performance and asset allocation reporting, account aggregation, and secure document sharing.

“Investors today expect their advisor to offer the latest in digital tools, so they can access their portfolio information wherever and whenever they want,” said Edwin Choi, co-founder and CEO of Capitect. “We are particularly pleased and excited to partner with XY Planning Network to offer its hundreds of advisor members our technology solution, because it has been built from the ground up to meet the unique needs of the next generation of advisors and their clients.”

The client portal from Capitect provides up-to-date portfolio reporting designed for online and mobile access without the need for paper documents or pdf files, as well as eliminating the need for manual uploading of custodian files. Capitect’s holistic reporting enables advisors to report and bill on both advisor-managed and held-away assets in an automated fashion, saving time and increasing revenues.

Additionally, Capitect’s innovative platform includes and aggregates underlying asset allocation data from Morningstar, but also enables advisors to provide a custom tree of asset allocations in an easy-to-use interface to provide “infinite drill down” capabilities. Capitect’s document vault supports both client-level and firm-level sharing, so advisors can easily share private documents per client as well as firm-wide documents, like ADV brochures, across their client base.

Founded in 2014 by Alan Moore and Michael Kitces, XYPN’s goal is to make financial planning accessible to the underserved Generation X and Generation Y demographic using a monthly subscription model rather than the traditional Assets Under Management (AUM) compensation structure. The network quickly exceeded expectations, becoming the largest group of fee-only financial advisors serving Gen X and Gen Y clients.

“Our mission is to provide our advisor members with the tools, resources and technology they need to best serve their Gen X and Gen Y clientele,” said Alan Moore, co-founder and CEO of XYPN. “And while investment management is not a primary focus when serving next generation clients, being able to help clients implement portfolios, and report on the results of both managed and held-away assets with a client-friendly portal, is very important to many of our members. The Capitect solution fills this void with a simple and straightforward solution, at a compelling price point.”

In addition to Capitect’s client portal, XYPN members can also access Capitect’s Portfolio Architect, which enables advisors to digitize their investment strategies using any number of fully customizable sliders to systematically personalize portfolios to each client’s circumstances, goals and objectives, and Capitect’s Rebalance Architect, which automates and streamlines the process of rebalancing personalized portfolios by enabling advisors to calculate, review, override, aggregate, and allocate trades before submitting them to their custodian through an intuitive, easy-to-use process.

“With Capitect, advisors now have a powerful communication platform to show how their personalized approach adds value, differentiates their service model, and reinforces their personal, relationship-based approach,” Choi said. “We are honored by the reception of our capabilities and look forward to continuing to invest in the offering for XYPN members.”

About Capitect

Founded by a successful advisor, the Capitect platform provides a technology solution to streamline the portfolio construction and rebalancing process through advanced engineering and innovative design. Going above and beyond simple model portfolios, Capitect enables advisors to deliver personalized portfolios unique to each client’s circumstances, goals and objectives using the advisors’ own investment strategies. Capitect’s complete solution includes mobile-friendly client portal and reporting, portfolio construction tools that allow for “infinite drill down” and customization, and ongoing rebalancing technology and services. Embraced by leading advisors and integrated with the industry’s leading custodians and technology applications, Capitect’s sophisticated technology is disrupting traditional portfolio management approaches. To learn more, visit us at http://www.capitect.com.

About XY Planning Network

XY Planning Network (http://www.xyplanningnetwork.com) is the leading organization for fee-only financial advisors who want to serve their Gen X and Gen Y peers providing comprehensive financial planning services for a monthly subscription fee and without product sales or asset minimums. The Network offers a virtual community for new and established financial advisors who want to serve a younger clientele, and provides its members compliance support services, marketing support, business tools and templates, and a wide range of technology solutions.

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