Growing firm turns to Fiserv for scalable, easy-to-use technology
that fits the way people live and work today
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that Capital Wealth Planning, LLC,
a fee-only SEC registered investment advisor (RIA) based in Naples,
Florida, has selected Fiserv to support its rapid growth. The firm
needed a portfolio accounting and trading platform that could grow with
them, and sought easy-to-use technology that would allow them to operate
efficiently while serving clients effectively. The firm also wanted a
technology partner that could help them stay connected to the wealth
management industry and help develop capabilities that would allow the
firm to interface to Unified Managed Account (UMA) model delivery
To meet these objectives, Capital Wealth Planning will utilize Unified
Wealth Platform from Fiserv for its portfolio accounting and trading
platform, and Wealth Management Network from Fiserv for broader and
faster industry connectivity.
"We chose Fiserv to help us achieve greater productivity and efficiency
in our investment management process," said Kevin G. Simpson, president
and founder of Capital Wealth Planning, LLC. "The scalability, ease of
use, and flexibility of the Fiserv platform will help us develop our
technology, execute our investment strategies and better serve our
clients. In choosing Fiserv, we are confident we made the right decision
to grow our business."
The Unified Wealth Platform will allow Capital Wealth Planning to
support every part of the investment process with more efficient trading
and reconciliation, as well as tools for active portfolio management
across multiple managed-account programs and security types, including
equities, fixed income, exchange-traded funds and options.
Unified Wealth Platform from Fiserv provides technology automation
across the entire wealth management process, including financial
planning, retirement-income analysis, portfolio management, trading,
accounting, portfolio performance and reporting.
Capital Wealth Planning will also benefit from broader industry
connectivity with Wealth Management Network, the premier digital
destination for the wealth management industry. Wealth Management
Network facilitates real-time connectivity between all major market
participants: asset managers, broker-dealers, banks, aggregators and
market utilities, as well as advisors, investors and third-party
partners, helping to create a digital wealth management ecosystem.
"An expanding firm like Capital Wealth Planning needs a technology
platform that can grow as they grow, and that provides an excellent user
experience for both advisors and investors," said Cheryl Nash,
president, Investment Services, Fiserv. "By selecting technology that
fits how people live and work today, and emphasizing digital
connectivity, firms can stay ahead of changing investor expectations and
Fiserv is a market leader providing innovative wealth management
solutions. Unified Wealth Platform was named "Best Technology Platform"
in the 2017 Private Asset Management (PAM) Awards. Fiserv currently
supports an elite list of wealth management firms, including eight of
the top 10 broker-dealers and the 10 largest asset managers in the U.S.,
representing over $1.4 trillion in assets on its platform.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at fiserv.com.
About Capital Wealth Planning, LLC
Capital Wealth Planning, LLC is a fee-only investment advisory firm
based in Naples, Florida. The firm has been building and managing
proprietary income-oriented portfolios since 2005. Capital Wealth
Planning is at the forefront of implementing covered call strategies
with its ETF Income Portfolio, Enhanced Dividend Portfolio and Covered
Call Overlay Service. The methodologies are designed to enhance
risk-adjusted returns and offer portfolio protection while delivering
monthly cash-flow. Capital Wealth Planning is an SEC registered
investment advisor (RIA). For more information, visit www.capitalwealthplanning.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences that are in step with the way
people live and work today. For more than 30 years, Fiserv has been a
trusted leader in financial services technology, helping clients achieve
best-in-class results by driving quality and innovation in payments,
processing services, risk and compliance, customer and channel
management, and insights and optimization. Fiserv is a member of the
FORTUNE® 500 and has been named among the FORTUNE Magazine
World's Most Admired Companies® for four consecutive years,
ranking first in its category for innovation in 2016 and 2017. For more
information, visit fiserv.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170615005154/en/
Senior Public Relations
Director, Public Relations
Source: Fiserv, Inc.
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