Pave Finance, a Wealthtech firm that provides automated investment advice, has integrated with Morningstar.
Morningstar is a global financial services and research company best known for its independent investment research and ratings.
According to a release, Pave will now be made available to over 150 custodians to access Pave’s automated portfolio construction, management, and trading technology.
Christopher Ainsworth, Chief Executive Officer of Pave Finance, says the integration is the broadest distribution of their automated wealth management solution to date.
“We believe Pave belongs in every RIA’s toolkit. For too long, advisors have been unable to offer true portfolio personalization for their clients, caught between the huge time constraints of customizing portfolios and operating a growing client roster,” said Ainsworth. “We’re proud to be empowering advisors with next-generation technology, not only saving them time and money with automation, but pushing them to perform better for clients, offer acute portfolio personalization and grow their businesses to their full potential.”