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Inside Addepar is a quarterly round-up of Addepar platform updates, research insights and client, partner and company news.
We just completed a strong first quarter, building on our incredible momentum from 2023 and setting the stage for an even stronger 2024. We’ve automated bill tracking and reconciliation and enabled you to make edits to your ownership map, directly within the module. Addepar Research published a report on managing exposure to breakthrough technologies like ChatGPT in collaboration with Stanford’s Research Initiative on Long-Term Investing, and we spotlight new integrations with Asset-Map, Orca and WealthHub. Read on to learn more.
Product Updates
Manage portfolios via the visual ownership map
Addepar’s approach to portfolio modeling remains unparalleled in the market, defining complex ownership structures in a hierarchical view that enables you to click down into individual holdings or collapse entire portfolios.
We started 2024 by making the ownership map more powerful. Now you can use the map as a visual guide to edit ownership faster and with fewer mistakes. Create, link and unlink entities without leaving the page, and those edits will be immediately reflected across the entire application.
Make edits directly within the ownership map
Billing: Automatically track and reconcile fees (beta)
Addepar now reconciles fees for you every hour, simplifying the billing process so you can focus on the exceptions. For every Bill to Account, bills will get marked as paid when a received account fee matches the bill within one cent.
Fees are automatically reconciled in the Billing module
Addepar clients can review the Release Notes for details on our latest product updates. Not a client? Contact our team at bd@addepar.com for more information.
Research & Insights
Many investors are considering how new technologies - including ChatGPT and other forms of generative AI - may impact their portfolios. Addepar Research, in partnership with Stanford’s Research Initiative on Long-Term Investing, released a groundbreaking study of how professional investors manage such tech disruption risks and opportunities. Find actionable ideas for all investors, no matter your size or resources, in the full report.
Connect with the Addepar Research team at research@addepar.com to recommend ideas for future research. Addepar clients can register for access to Addepar Research here.
What’s Happening Around the Addepar Community
Integrations Update: We’re excited to share new partnerships with Asset-Map, Orca and WealthHub. Explore our full list of integration partners, technical details and onboarding instructions in the Addepar Integration Center.
Asset-Map creates reports that visualize all of a household’s members, entities, financial assets, liabilities, cash flows and insurance policies, providing a straightforward way to quickly address gaps in a financial plan and uncover new opportunities.
Orca is an intelligent software application built to help anyone who owns, manages or supports an ownership structure to gather, visualize and share legal, tax and compliance data.
WealthHub’s fiduciary management solution integrates investment data and reporting with automated workflow, contact management and prospecting, task scheduling, document management, and compliance.
Clients in the news: Nick Kochanski, CFO and senior client advisor at Crescent Grove Advisors, joined WealthManagement.com’s “What’s in Your Wealth Stack” column to share how their use of Addepar has evolved over the past nine years to help them grow: “Where we set ourselves apart is how we’ve leveraged Addepar across all our different business lines.“
Company Updates
We’re thrilled to announce Bob Pisani is now Addepar’s Chief Technology Officer, leading our global engineering teams to deliver ambitious, client-centric innovations. Bob brings decades of deep hands-on engineering and financial services expertise to accelerate business and drive client growth on a global scale. Learn more about his appointment here.
We’re proud to be featured on the Forbes Fintech 50 list as one of the top private businesses in fintech for the ninth consecutive year, and recognized as a winner of the annual WealthBriefing WealthTech Americas award in the Data Management and Analysis category.
Tune in to the Fintech Leaders podcast to hear our CEO Eric Poirier share his entrepreneurial journey and Addepar’s growth over the last 15 years, and catch our Chief Product Officer Don Nilsson on The WealthStack Podcast as he discusses the company’s approach to innovation through trust and transparency.
About Addepar
Addepar is a software and data platform that is purpose-built for professional wealth, investment and asset management firms to deliver outstanding results for their clients. We’re helping our clients unlock the power and possibility of more informed, data-driven investing and advice. Our platform was created to empower investment managers to make data-driven and more confident investment decisions, and to clearly see how assets are performing and where they might be exposed. Most recently, we’ve expanded our capabilities to include Navigator for scenario modeling and AdvisorPeak Trading & Rebalancing to address portfolio drift.