Wealthspire Advisors Selects Canoe Intelligence to Scale Its Alternative Investment Documents and Data Processes
NEW YORK, MAY 25, 2022 – Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors and allocators, today announced a new client engagement with Wealthspire Advisors (“Wealthspire”), a registered investment adviser and subsidiary company of NFP Corp that is headquartered in New York City.
Founded in 1995, Wealthspire seeks to provide steady investment guidance to clients through strategic asset allocation, rigorous due diligence, and tailored portfolio construction. Wealthspire is implementing Canoe’s technology to automate and scale its alternative investment processes associated with alternatives document collection and data extraction.
“In recent years, Wealthspire has expanded its business through the acquisition of like-minded RIAs. Together, we are motivated to help clients achieve their financial aspirations and leverage a mix of traditional and alternative investments to do so,” said Alia Wagenhoffer, Director of Advisory Technology at Wealthspire Advisors. “Our approach requires continual investment in the technologies we use, especially for understanding the data within our clients’ alternative and illiquid investments. That’s why we’re excited to implement Canoe Intelligence to automate our document collection and data extraction capabilities, and further enhance our ability to deliver exceptional client service and results.”
“We’re thrilled to partner with innovative, high-growth RIAs like Wealthspire to enable automated technology to streamline alternatives document and data workflows,” said Mike Purcell, Director of Sales and Business Development at Canoe Intelligence. “At Canoe, we are proud that our technology has helped so many firms scale their operational processes, serve their clients more effectively, and achieve sustainable growth.”
ABOUT CANOE INTELLIGENCE
Canoe Intelligence redefines alternative investment data processes for hundreds of leading institutional investors, capital allocators, asset servicing firms and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe’s technology automates the highly-frustrating, time-consuming, and costly manual workflows related to alternative investment document and data management, extraction and delivery. With Canoe, clients can refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe’s AI-driven platform was developed in 2013 for Portage Partners LLC, a private investment firm. Learn more: www.canoeintelligence.com
ABOUT WEALTHSPIRE ADVISORS
Wealthspire Advisors is an independent registered investment advisor with 20 offices in 11 states throughout the Northeast, Mid-Atlantic, Midwest, and West Coast. Wealthspire is a firm of fiduciary advisors who value connecting all parts of a client’s financial life to deliver thoughtful, collaborative strategies that optimize their finances and fulfill their aspirations. Wealthspire Advisors acts as a wealth manager, investment advisor, consultant, and constant partner in helping clients gain confidence in their financial futures. For more information on Wealthspire Advisors, please visit www.wealthspire.com.
Betsy Miller Daitch