FusionIQ introduces FIQ Freedom to support breakaway advisors transitioning to independence

FIQ Freedom is the latest addition to FusionIQ’s all-in-one digital platform, FusionIQ One.

According to a recent announcement, FusionIQ, which delivers cloud-based wealth management solutions to financial advisors and institutions, created FIQ Freedom to empower breakaway advisors with a comprehensive, turnkey platform that enables them to transition to independence swiftly, confidently and securely.

The platform also features an advisor workstation dashboard offering a consolidated view of their entire book of business.

“We’re excited to introduce FIQ Freedom, a pioneering solution that redefines the journey to independence for financial advisors,” said Mark Healy, Chief Executive Officer of FusionIQ. “With FIQ Freedom, advisors can break away from conventional RIA models and embrace a new era of autonomy, efficiency and client-centricity as digital wealth leaders.”

In addition to streamlining the transition process, offering client-driven, rep-assisted, or advisor-led onboarding options, FIQ Freedom offers a turnkey white-label wealth management platform that features rep as portfolio manager (Rep as PM) tools, a workflow that connects front, middle and back offices and process automations designed to create scale.

“FIQ Freedom represents a leap forward in empowering advisors to build their practices on their terms,” said John Guthery, Chief Investment Officer at FusionIQ. “From streamlined compliance to customizable risk tolerance assessments and sophisticated Rep as PM tools that make building, managing, analyzing and rebalancing models easy, cost-effective and painless across client accounts, FIQ Freedom equips advisors with the technology and support they need to thrive in an ever-evolving industry.”

FIQ Freedom’s functionality allows advisor models to sit next to third-party strategies. On the compliance front, the tool’s customized risk tolerance questionnaires and scoring align with each advisor’s preferences. Additionally, tools that automate tracking of Anti-Money Laundering (AML), incorporate Know Your Customer (KYC) processes and collect and verify customer information through a Customer Identification Program (CIP) are available.

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