intelliflo Creates a New Global Leader in Financial Advice Technology

Press Release 1

For immediate release, March 1, 2021: Starting today, intelliflo launched globally, bringing together a unified suite of solutions to create a global leader in financial advice technology. Consisting of five software businesses now under one brand, the new intelliflo will be able to offer its customers around the world a broader range of end-to-end solutions that span the advisory lifecycle, from financial planning and practice management to portfolio management solutions, digital advisory and managed services.

This new entity, owned by Invesco, already delivers solutions that support over 30,000 financial advisors worldwide, representing over three million end-investors, amounting to over $900 billion advised across its platforms.

The five software businesses that form the new intelliflo are RedBlack, Jemstep, Portfolio Pathway, Intelliflo UK and i4C. The launch reveals a bold new brand identity for the new intelliflo to unify the combined range of solutions:

  • intelliflo office – lets enterprises deliver digital and hybrid advice solutions that span the full advisory lifecycle, from goal-based investing to fully digital onboarding to feature-rich investor-facing applications.
  • intelliflo portfolio – helps growing RIAs build more efficient practises with comprehensive cloud-based trading, reporting, billing and client-facing tools.
  • intelliflo planning – forecasts and plans cashflows, solving tax, pension and investment complexities, as well as asset & liability modelling and wider financial strategy planning for advisors.
  • RedBlack an intelliflo solution – enables tailored portfolio management at scale by automating complex workflows, pre-trade compliance, order management and post trade compliance.

Nick Eatock, CEO of the new intelliflo, said: “We are well on the way to creating the most advanced open architecture products and solutions available, with five of the most robust, best-in-class solutions all under one roof. We want to create a seamless advisory experience, so our customers can focus on what really matters to them. Advising their clients. Financial advice has never been more important, and all our data shows that the pandemic has dramatically accelerated the adoption of technology by both advisers and their clients. We are excited by the opportunity and responsibility we have in helping our customers’ businesses thrive and grow.”

Colin Meadows, Senior Managing Director and Head of Invesco Digital Ventures, said: “We are bringing together the capabilities of five leading businesses to create a global leader in financial advice technologies. By unifying these businesses under one global brand, we are opening up these great market-leading technologies and making them available to new customers in new markets around the world.”

Eatock continued: “We will be working with our customers throughout 2021 to make sure they can take full advantage of the new intelliflo solutions. In the meantime, there are no services changes for existing customers as a result of this news. Our Customer Services teams across the businesses will remain the same for all our customers, who will continue to have access to great local, in market support as they do today.”