InvestCloud (a leader in wealth technology) and First American Bank (FAB), a regional financial institution with $7 billion in assets under management and 61 locations across Illinois, Wisconsin, and Florida, announced a strategic partnership to modernize FAB’s digital wealth management platform. And this collaboration aims to significantly enhance client engagement by offering clients, prospects, wealth advisors, and relationship managers with a unified technology platform offering tailored insights and comprehensive support.
As part of this initiative, FAB is adopting a suite of innovative products designed to optimize the digital experience, including InvestCloud’s Client Experience, Prospect Experience, and Advisor Experience. Currently working on a technology stack with multiple systems, FAB recognized the need to provide its clients and advisors with a unified and modern platform. And integrating with InvestCloud will improve the digital experience by consolidating investment data, reporting, and documents into one intuitive experience. The new platform will feature connected technology, making it mobile-friendly and allowing clients to engage with their financial information anytime, anywhere.
FAB’s decision to modernize its wealth management platform reflects its commitment to investing in digital experiences that resonate with its advisors and clients. And this strategic move emphasizes the bank’s dedication to enhancing customer engagement and ensures clients benefit from modern technology and innovative solutions. By offering a seamless and intuitive interface, FAB aims to meet the evolving needs of its clientele, fostering deeper relationships and encouraging a more personalized approach to wealth management. This modernization positions FAB as a leader in the financial services industry and aligns with its goal of delivering exceptional value to its customers with inspired experiences.
InvestCloud powers connected experiences with technology-forward platforms that enable their partners and clients to work smarter, enrich relationships, and elevate financial outcomes. And with its expertise in creating a Wealth Connected ecosystem, InvestCloud will help First American Bank distinguish itself from competitors and strengthen its position as a leader in digital wealth management.
KEY QUOTES:
“We are excited to partner with First American Bank to transform their digital wealth management capabilities. This collaboration reflects our commitment to driving innovation in the banking sector, enabling advisors and clients to engage with their financial data seamlessly while enhancing the overall client experience.”
– Kapin Vora, President, Digital Wealth North America at InvestCloud
“We are thrilled to announce our partnership with InvestCloud, a strategic move that will significantly elevate our wealth management services. This innovative digital platform represents a substantial investment in cutting-edge technology and underscores our unwavering commitment to delivering an exceptional and personalized wealth management experience. We are dedicated to empowering our clients with the tools and resources they need to achieve their financial goals.”
– Jane Nagel, the bank’s Head of Wealth Management
