LOS ANGELES, Sept. 10, 2019 /PRNewswire-PRWeb/ -- Capitect, an innovative advisor technology platform, announced today the growing momentum of its portfolio management, performance reporting and rebalancing system, including onboarding over a third of the XY Planning Network's (XYPN) growing number of members. Recently surpassing 1,000 members, XYPN is one of the industry's fastest growing groups of independent RIA firms and through an exclusive partnership with Capitect, XYPN members are able to access Capitect's capabilities, with over 350 advisors successfully onboarded over the last 18 months.
This fast rate of adoption is unprecedented in the independent wealth management industry, and speaks volumes about the ease of use, intuitiveness and functionality that Capitect provides.
At the same time, Capitect has been named a finalist in two categories in the prestigious 2019 wealthmanagement.com Industry Awards Program. Capitect's Portfolio Architect was selected by a judging panel of industry veterans and thought leaders as a finalist in the Portfolio Management Technology category. While Capitect's Chief Technology Officer, Greg Yee was shortlisted as a finalist for CTO of the Year. It is the second consecutive year that Capitect has been recognized as a finalist in multiple categories.
Additionally, Capitect has deployed powerful efficiency integrations with leading technology platforms, such as RightCapital, while enhancing existing integrations with RIA custodians. These integrations complement the many existing integrations with Capitect, including MoneyGuidePro, Redtail, and Salesforce.
"This year (2019) has been a watershed moment in the history of Capitect," said Edwin Choi, CEO of Capitect. "We've been extremely pleased by the industry's reception of our comprehensive solutions and look forward to further enhancing the platform. We'll be expanding our integration partners and continuing to make it easy to get up and running on Capitect so advisors can spend time on delivering personalized solutions to their clients."
Founded by a successful advisor, the Capitect platform provides a technology solution to streamline the performance reporting, client billing, and portfolio rebalancing processes through advanced engineering and innovative design. Capitect's reporting solution is holistic, automated, and mobile-friendly to meet the demands of today's clients. 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 rebalancing solution includes 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.