Morgan Stanley private wealth management teams will reportedly use Addepar’s data aggregation, performance reporting and client portal to do sophisticated analysis and fulfill end-clients’ needs for tailored communications. Armed with the top technology and key data insights, advisors can spend more time on what matters most: working directly with clients and building deeper relationships.
Chris Randazzo, CIO of Wealth Management at Morgan Stanley, stated:
“We look forward to working with Addepar. They have an innovative platform that our private wealth advisors will look to leverage to deliver a differentiated service to high net worth clients.”
Eric Poirier, CEO of Addepar, then added:
“Morgan Stanley has a strong track record of using technology to achieve industry-leading client service. Our platform enhances their ability to serve the reporting needs of their most complex end clients. A partnership of this caliber moves the goalposts for what advisors and their end clients can expect. It is a big step for Addepar and our ambitious vision to power global finance with a unified data model and open platform, empowering anyone to make truly data-driven investment decisions.”