Fragmented client data stands between most advisory firms and their growth goals. Too many teams still spend hours sorting through PDF statements, collecting held-away account balances by email, and rekeying spreadsheets—wasting valuable time and introducing risk at every step. It doesn’t have to be this way. With modern automation, you can unlock a true 360° view of client wealth in minutes, not weeks. Here’s how leading wealth managers are making it happen—and how you can, too, with Investipal.
The Operational Cost of Manual Account Aggregation
Most advisory teams know the pain:
- Endless back-and-forth to collect statements from every custodian, 401(k) provider, or old brokerage relationship—often in inconsistent formats.
- Manually transcribing positions, values, and tax lots from PDFs or even scanned images and handwritten notes.
- Juggling multiple tools to cobble together a complete household view—risking omissions and errors that erode trust and compliance.
- Hours spent reentering data for proposal analysis, IPS generation, and regulatory forms—slowing onboarding, proposals, and growth.
This isn’t just an inconvenience; it’s a drag on firm profitability and advisor productivity. For a typical book, inefficiencies in aggregation alone can add up to hundreds of wasted hours annually.
Modern Account Aggregation: What It Really Means
Automated account aggregation takes fragmented data from everywhere your clients hold assets—brokerage, retirement, banking, and even alternatives—and unifies it into a complete, real-time portfolio. But it’s not just about collecting balances. True, holistic aggregation means:
- Multi-format data extraction: Instantly ingest portfolios from PDFs, images, spreadsheets, and more—no manual entry required.
- Held-away asset sync: Aggregate IRAs, 401(k)s, and accounts across multiple custodians, even if they aren’t directly integrated with your tech stack.
- Standardized, structured portfolios: All holdings, classifications, performance, and risk details are parsed, categorized, and ready for analysis automatically.
This eliminates the biggest bottlenecks in onboarding, proposal generation, and compliance documentation—for every household, no matter how complex.
Why a 360° View of Client Wealth Matters More Than Ever
Clients expect their advisor to have a full, up-to-date picture of their wealth—across all accounts. Partial data leads to:
- Missed opportunities for tax optimization, risk reduction, or cross-selling (like insurance or alternatives)
- Blind spots in proposals and recommendations, reducing close rates and AUM growth
- Compliance gaps or NIGOs (Not in Good Order items) caused by missing account info
- Time-consuming, error-prone prep work before every client meeting
Holistic aggregation isn’t just a nice-to-have. It’s the foundation of delivering value, building trust, and scaling your practice efficiently.
How Investipal Automates Account Aggregation from Start to Finish
Investipal was purpose-built by industry veterans to automate the most stubborn aspects of data collation and portfolio visualization. Here’s how our system accelerates every step for today’s busy advisory teams:
1. Instant Account Statement Ingestion via AI and OCR
- Upload any brokerage or retirement account statement—PDFs, images, scanned forms, even those with handwritten notes.
- Investipal’s AI-powered brokerage statement scanner instantly ingests, parses, and structures every holding, position, and cost basis—not just balances, but full underlying detail.
- First 3 statements are free, then simple usage-based pricing; eliminate data entry errors and free up 3–5 hours per account.
2. Aggregation Across Every Account—Online and Offline
- Sync held-away assets such as IRAs, 401(k)s, taxable brokerage, and more—whether they reside with your primary custodian or not.
- Combine direct data feeds with robust AI-scanned data to cover every account, every asset class, and even manual/jurisdiction-specific statements.
- No more separate spreadsheets or back-and-forth for missing data—everything lives in one platform and flows into all workflows.
3. Real-Time, Point-and-Click Portfolio Visualization and Analysis
- As soon as data lands in the system, our platform visualizes the entire household portfolio—by asset class, sector, region, and more.
- Portfolio X-Ray reveals concentration risk, liquidity, tax exposures, correlations, and 20+ other deep analytics instantly.
- Easily compare current portfolios to your proposed allocations, uncover gaps, and demonstrate measurable value to prospects.
4. Automated Compliance & Proposal Generation
- Compliance isn’t an afterthought, but built-in: generate personalized, up-to-date IPS, Reg BI, and KYP docs with 1 click using real, aggregated account data.
- Drastically reduce NIGO rates and prep time; execute in minutes—no rekeying, no missed audits, no compliance headaches.
- Every document is generated using best-practice templates and linked directly to the underlying data for audit trails.
Unlocking Personalization at Scale
This complete, up-to-the-minute view doesn’t just streamline processes—it unlocks new ways to deliver value at scale:
- Build hyper-personalized investment proposals tailored to every client’s actual holdings, needs, and goals—in minutes, not days.
- Spot hidden risks, fees, or missed opportunities with AI-driven analytics—then proactively reach out with actionable recommendations.
- Automate compliance documentation across every account and household, staying ahead of evolving regulations with zero manual effort.
Critical Questions to Ask When Considering Account Aggregation Tools
Not all solutions are created equal. As you evaluate your options, ask:
- Does the tool ingest data from all file types—PDFs, images, statements, and spreadsheets—not just direct API feeds?
- Can you aggregate held-away and non-custodial assets with the same level of detail and accuracy as core holdings?
- Are compliance and proposal workflows fully integrated, or will you need more tools and manual steps?
- How quickly can the data be visualized, analyzed, and put to work for onboarding, proposals, or compliance?
- What security and privacy standards does the platform uphold?
The Investipal Difference
What sets us apart at Investipal is not just the thoroughness or speed of aggregation—it’s how seamlessly aggregation powers every other critical workflow: onboarding, proposals, portfolio construction, drift monitoring, and compliance. Our unique approach lets you:
- Onboard even complex multi-account households in a single client meeting—with real-time proposals generated on the spot.
- Automate repetitive tasks so your team can focus on strengthening client relationships and delivering advice.
- Go from first statement upload to signature-ready documentation (compliant, accurate, audit-ready) in under 10 minutes.
Ready to Unlock a 360° View of Client Wealth?
Don’t let manual aggregation, siloed systems, or slow onboarding hold your practice back. See firsthand how Investipal can give your team a competitive edge with AI-powered aggregation and automation that’s built for financial advisors, wealth managers, and RIAs.
Book a personalized demo today and experience the future of holistic wealth management—delivered in minutes, not weeks.
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