Financial SoftwareTD Ameritrade Institutional and Wealthbox CRM Collaborate to Automate Account Openings for RIAs

FintecBuzz FintecBuzz10 months ago1506 min

A pain point for financial advisors is the laborious task of manually entering client data associated with new account openings. TD Ameritrade Institutional and Wealthbox have collaborated to ease the pain with a new integration between the Wealthbox CRM product and the TD Ameritrade Institutional  Veo One platform.

The new automated account opening feature in Wealthbox now allows RIAs on the TD Ameritrade Institutional platform to pre-fill client information from Wealthbox into Veo and Veo One account-opening forms from the contact record page in Wealthbox. Veo One users will benefit from seamless single-sign-on between the Wealthbox and Veo One when generating and completing forms.

Advisors can also view the status of any account-opening forms started from Wealthbox directly on the contact record page for their client. The result is increased simplicity, time-savings, and productivity for  RIAs that use TD Ameritrade Institutional and Wealthbox.

“This is a good example of how collaboration with industry innovators can drive technology advances that help advisors,” said Robert Mahoney, director, technology product management, TD Ameritrade Institutional. “By automating data entry, we can reduce errors and save time, enabling a more seamless and efficient onboarding process.”

“Veo One from TD Ameritrade Institutional is a powerful advisor platform for Wealthbox CRM to continually keep pace with new feature integrations,” said Dan Ferranti, cofounder and CTO at Wealthbox. “We’re delighted to collaborate with TD Ameritrade on their new account openings feature to the benefit of our mutual advisor customers.”

About TD Ameritrade Institutional

TD Ameritrade Institutional empowers more than 6,000 independent registered investment advisors (RIAs) to transform the lives of their clients. It provides powerful technology and resources that help simplify running a business and let advisors do more of what matters most — spend time serving their clients. Through meaningful innovation, steadfast advocacy and unwavering service, TD Ameritrade Institutional supports RIAs as they build businesses that positively impact their clients and communities. TD Ameritrade Institutional is a division of TD Ameritrade, Inc., member FINRA/SIPC, a brokerage subsidiary of TD Ameritrade Holding Corporation.

About Wealthbox CRM

Wealthbox is a leading provider of CRM solutions for financial advisors, RIA networks, and financial enterprise institutions. Known for its intuitive product design combined with powerful features, Wealthbox is made and operated by Starburst Labs, Inc. with offices in New York, NY and Providence, RI.

SOURCE Starburst Labs, Inc.


Also Read – Velotrade becomes first Account Receivables Financing Platform to obtain SFC Licence in Hong Kong



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