Wealth Managers and Advisors

Charles River provides a comprehensive and fully integrated solution for the wealth management industry.

Charles River helps wealth managers, private banks, RIAs and third party separate account managers efficiently operate all wealth products and business lines on a single platform.

Learn how Charles River Helps Wealth Sponsors, Asset Managers and Financial Advisers Keep Pace

Charles River Wealth Management Solution

A single solution to support multiple business lines on one platform

For Asset Managers

Charles River Wealth Hub

Charles River Wealth Hub

Consolidating Manager/Sponsor Communication on a Single Platform

For Sponsors

Charles River Wealth Hub

Streamlining Wealth Manager and Sponsor Communications with Charles River Wealth Hub

By automating and consolidating communications with multiple sponsors, the Charles River Wealth Hub helps wealth managers reduce operating costs and errors, improve communications and support increased use of models.

Wealth Managers, Sponsors and Retail Brokers

Charles River’s Wealth Management Solution offers wealth managers institutional class capabilities to support discretionary and non-discretionary products, enhance mobility, and help attract and retain financial advisors.

Comprehensive multi-asset/multi-currency capabilities and support for region-specific frameworks and products, such as SMA, UMA, UMH, Rep as PM, and Mutual Fund Wraps, help managers consolidate disparate systems on a single wealth management solution and accelerate introduction of new offerings.

ENTERPRISE SCALABILITY AND PERFORMANCE – Designed with scalability and performance in mind, Charles River’s Wealth Management Solution meets the demanding requirements of the world’s largest wealth managers, allowing them to support millions of separately managed, unified managed, and household accounts. Full trade lifecycle surveillance and risk capabilities helps ensure firms remain compliant with Investment Policy Statements as well as client and firm restrictions.

Centralized wealth management supports exception-based workflows to identify accounts requiring attention, and provides managed account overlay functionality that scales to meet the performance requirements of high-volume sponsor firms.

AUTOMATING MANAGER/SPONSOR COMMUNICATIONS – Charles River’s integrated wealth hub lets managers automate and consolidate communications with multiple sponsors on a single platform. Auditable, web-based transmission of model updates, trades/allocations, positions/cash, and intra-day account instructions helps reduce errors and improve productivity.

Advisors and Private Banks

Charles River helps advisors efficiently manage their book of business, structure tax-efficient portfolios and reduce risk for high net-worth clients. By providing anywhere/anytime web and mobile access, Charles River increases advisor productivity and engagement in high-touch client relationships.

ADVISOR PRODUCTIVITY – Advisors can benefit from a holistic view of assets, including household and multi-generational views. Extensive workflow automation and integration with 3rd party tools such as CRM systems may further improve advisor productivity. In-depth account performance reporting helps advisors explain their investment strategies in the context of client goals.

COMPLIANCE AND RISK – Centralized pre-trade compliance and risk monitoring helps advisors meet Investment Policy Statement guidelines and helps ensure that advisor-recommended products, investment strategies and asset allocations align with client goals and risk profiles. It also helps minimize the risk of regulatory violations due to inappropriate product recommendations or avoidable investment losses incurred during restructuring. What-if analysis lets advisors provide clients with detailed visibility into the impact that model changes can have on portfolio gain/loss, income, and exposure to risk factors.

Viewpoints: Wealth - Renewed Focus on Households in Portfolio ManagementThe Renewed Focus on Households in Portfolio Management: Enabling Holistic Outcomes with Technology

The ability to offer holistic, household level solutions that improve investor outcomes is an increasingly important differentiator for financial advisors and wealth management firms. In this panel discussion, we explore household wealth management and technology solutions.

Read the Viewpoint >

Charles River IMS Middle Office BrochureEnabling Growth in a Time of Change: Building a Wealth Platform for the Future

Charles River recently hosted a panel discussion with industry thought leaders to discuss challenges in the wealth management industry and how firms are adapting. In particular, the group focused on viewing financial advisor experiences through a technology lens that enables growth and agility.

Read the Viewpoint >

Viewpoints: Wealth - Renewed Focus on Households in Portfolio Management

The Renewed Focus on Households in Portfolio Management: Enabling Holistic Outcomes with Technology

The ability to offer holistic, household level solutions that improve investor outcomes is an increasingly important differentiator for financial advisors and wealth management firms. In this panel discussion, we explore household wealth management and technology solutions.

Read the Viewpoint >

Charles River IMS Middle Office Brochure

Enabling Growth in a Time of Change: Building a Wealth Platform for the Future

Charles River recently hosted a panel discussion with industry thought leaders to discuss challenges in the wealth management industry and how firms are adapting. In particular, the group focused on viewing financial advisor experiences through a technology lens that enables growth and agility.

Read the Viewpoint >