OneVest Debuts AI-Powered Wealth Management Platform

Toronto-based OneVest, a wealth tech platform, has rolled out a new artificial intelligence system that is designed to provide registered investment advisors with tools to build client relationships.

The platform, dubbed OneVest GO, which acts as a standalone application, is a wealth relationship “workspace” that allows independent firms and RIAs to manage current and potential clients and manage workflows, OneVest said.

“Independent advisors don’t need more software to manage; they need a system that actually moves work forward,” Jakob Pizzera, COO at OneVest, said. “OneVest GO is built for the way agile firms actually operate: fast-paced, relationship-driven, and growth-focused. It’s designed to keep wealth relationships moving without the friction of traditional platforms.”

Through the platform, financial advisors gain various resources, including “holistic” recordkeeping abilities, which will help advisors map, tag, and track real-time net worth from their clients.

The announcement from OneVest comes after the tech company unveiled its partnership with Merit Financial Adviors earlier this month. Through the partnership, Merit will gain access to OneVest’s platform, as the firm aims to pursue rapid expansion through advisor recruitment and acquisitions. 

The technology integration is intended to eliminate what the firm describes as the “manual labor tax” associated with legacy wealth management systems.

Recently, OneVest also rolled out its Agentic Wealth Operating System, which is described as a push toward an “agentic” infrastructure and was designed to address what it calls the industry’s “legacy tax,” that has left advisors and middle-office teams allocating hours towards managing fragmented systems, reconciling data, and completing administrative tasks that limit client engagement.