Osaic revamps advisor portal
The new OneHub advisor portal is one of several updates to the firm’s digital platform.
Osaic announced that it has revamped its advisor portal and rolled out other updates to its digital platform.
The new advisor portal, OneHub, replaces the legacy Vision2020 portal, according to the announcement. OneHub provides real-time data and metrics on accounts and assets, and it offers smart dashboards that provide insights into advisors' day-to-day activities, according to Osaic. It also features customizable apps for advisors to easily access their most frequently used tools.
More than 80% of Osaic's 11,000-plus financial professionals have selected OneHub as their default portal or primary login and spend more time in OneHub than any of the firm's other apps, Osaic said in the announcement.
Osaic also announced eQuipt, a new platform that unifies four legacy platforms for account opening, account supervision and client management. The eQuipt platform's features include automatic checks and digital delivery of paperwork, and it integrates with Osaic's other technology, according to the firm.
More than 60% of Osaic's financial professionals use eQuipt as their primary account-opening platform, and the total number of new eQuipt accounts is more than 55,000, according to Osaic.
Osaic also announced a transition-assistance platform dubbed Transition Dashboard. Transition Dashboard provides daily updates on asset transfers and tracks the advisor's progress toward transition goals, according to Osaic.
"Research shows that firm technology is a key factor in an advisor's satisfaction with wealth management platforms," Osaic Executive Vice President and Chief Technology Officer Ed Obuchowski said in a statement accompanying the announcement.
"We knew it was critical to our advisors' business that we upgrade our digital platform to build a seamless, integrated, end-to-end experience that offers both navigation ease and flexibility as advisors' needs evolve."
Technology is a big part of ongoing change at Osaic. The financial services industry is "in this confluence of change," Osaic Chief Executive Officer Jamie Price told FA-IQ in September, adding that in 10 years Osaic is "going to be something different because the marketplace is drastically changing."