WealthO2 focuses on further expansion with Ord Minnett pilot program
19 Aug 2021
WealthO2 has announced a structured pilot program with Ord Minnett’s most senior advisers who use an MDA offering for their UHNW clients. The program will see Ord Minnett pilot WealthO2’s portfolio rebalancing and portfolio modelling software to create significant efficiencies across their MDA wealth management channel.
WealthO2’s head of product development, Hong Nguyen said: “The program is a fantastic result which further validates our product strategy inclusive of both short- and long-term development priorities.”
Simon Stevens, head of platform and product at Ord Minnett said: “We have been impressed with WealthO2’s highly innovative and differentiated technology and flexible approach to helping us.”
This announcement follows recent changes to the WealthO2 executive team and board announced last week with the appointment of Class Super founder, Richard Barber, and John Griffiths of Nimit Capital Partners to the board.
Andrew Whelan, acting chief executive officer of WealthO2 said: “This exciting pilot with Ord Minnett demonstrates our commitment to delivering meaningful efficiencies through customer-led technology innovation that puts advisers and their clients first.”