CLS Investments, Riskalyze to launch automated asset management platform
CLS Investments has joined forces with Riskalyze to launch AutoPilot, an automated asset management platform for financial advisors
CLS Investments, a third party money manager and a manager of ETFs, has joined forces with Riskalyze, the company that invented the Risk Number, to launch AutoPilot, an automated asset management platform for financial advisors.
With the emergence of the “robo” advisor (a popular term for an online financial advice offering delivered at low cost to the consumer), financial advisors who are not providing a next-generation technology experience to their clients are at a real disadvantage.
AutoPilot is designed to give any advisor a significant edge in an era of rapidly evolving technology.
It takes seconds to embed Autopilot into an existing advisor’s website. Online clients can then capture their Risk Number, sync in their outside assets, open their new account with the firm, and e-sign the documents. AutoPilot opens a world of possibilities for advisors and clients alike.
“Riskalyze and CLS already help advisors grow, in our own ways — now combined via AutoPilot, the growth prospects of all of our existing and future advisor partners increases exponentially,” said CLS CEO Todd Clarke.
AutoPilot is available exclusively to financial advisory firms. Investors see the advisor’s brand, and the advisor decides how much hands-on service to provide.
The AutoPilot team is right behind the advisor to handle all the manual work — the trading, rebalancing, client service calls for account management, and more.
“When you combine the strength and track record of CLS with the innovation and quantitative science of Riskalyze, that’s a combined track record of $50 billion and 29 years. This is an unmatched combination for advisors looking for a strong partner to grow their businesses,” said Riskalyze CEO Aaron Klein.