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Explore the trends that will impact the banking landscape in 2025 and beyond.Read the report

Wealth management

Deepen customer relationships with affluent, high-net-worth and ultra high-net-worth clients and streamline operations to scale efficiently.

Wealth management header

What wealth managers build with Backbase

  • Mobile account opening 

  • Web account opening

  • Advisor-led account opening

  • Web & mobile onboarding

  • RM-assisted  onboarding

  • Prospect lounge

  • Mandate origination

Successes our customers have achieved

  • 4 months

    to launch MVP pension platform

  • 29K+

    Portfolios live on digital channels

  • 10,000

    Clients onboarded in under 9 months

  • 50

    NPS Score

Offer personalized wealth propositions at scale

Build tailored wealth experiences that give every customer segment the right balance of self-service portfolio management, products, and advisor support. Leverage customizable, out-of-the-box components to create collaborative mobile and web applications for clients, advisors and external asset managers across onboarding, wealth management, investing and servicing.

Optimize advisor performance

Give advisors smart, unified workspaces that help them deliver personalized advice at scale, without compromising service quality.

  • Provide a unified view of client portfolios, preferences, past interactions, client insights and portfolio recommendations

  • Streamline day to day tasks, from executing client requests with ease to generating tailored investment reports and proposals in minutes.

  • Connect to any existing internal system like CRM, PMS, or  third-party sources - such as market data providers like Bloomberg and Morningstar - for real time insights on market trends, portfolio performance and client sentiment.

Wealth management advisor performance

Deliver high quality experiences for every customer segment

Give clients full transparency and control over their wealth with award winning mobile and web applications, offering the right mix of digital and human service.

  • Create tailored applications for Mass Affluent, Affluent, High-Net Worth, and Ultra-High Net worth clients by assembling, reusing and customizing pre-built components instead of building multiple applications from scratch

  • Offer clients a comprehensive view of their wealth with personalized dashboards, quick access to insights, real time portfolio performance data, and more

  • Enable easy collaboration with advisors to review investment proposals, discuss strategies via secure chat or in-app video, and even co-create personalized financial plans

Wealth management high quality experiences

Offer holistic wealth management propositions

Give clients access to a broad range of investment options by easily incorporating third-party products into your offers using APIs

  • Leverage emerging opportunities in  alternative asset classes like private equity, venture capital and hedge funds

  • Incorporate products like ISAs, 401(k)s or life insurance bonds so clients can invest tax efficiently 

  • Give clients expertly managed mutual funds, exchange-traded funds (ETFs) or discretionary mandates from asset managers like Black Rock, Vanguard or J.P. Morgan

Wealth management porpositions

Expand your market presence with external advisors

Acquire new clients and enter new markets by enabling external advisors on a single, unified platform.

  • Give external advisors access to the same advanced tools, data and client insights available to your internal teams

  • Maintain full control and compliance, with secure access controls, data governance and audit trails, allowing you to retain visibility into every activity and interaction.

  • Enable external advisors to offer a seamless digital experience to their clients, aligning to your standards of excellence

Wealth management proposal overview

Capabilities

Learn more about Backbase’s wealth management out-of-the-box capabilities you can augment to suit your unique needs.

Streamline client onboarding with a seamless, fully digital process tailored for wealth management. Capture personal data, verify identities, and originate mandates efficiently while ensuring compliance.
Wealth management capabilities onboarding
Wealth management capabilities servicing
Wealth management capabilities wealth

Why Backbase?

Whether you're looking to buy for parity or build for differentiation, our platform empowers you to create unique experiences that truly set you apart from the competition.

Buy and build

Get to market fast with 400+ pre-built capabilities, fully customizable

Integrations

Add cutting-edge experiences to your apps easily with a library of API-driven, fintech-powered capabilities

Composability

Modular, industrialized platform capabilities allowing you to progressively modernize

One platform

Power journey orchestration across channels, segments and lines of business with a unified platform architecture

Secure and scalable

Scale to millions of users with peace of mind with a secure, cloud-native platform

Proven expertise

More than 100+ financial institutions around the world

The latest insights

Explore our collection of educational resources and deep dives into engagement banking.

  • Podcast Featured Image Episode 26 EN

    Episode 26 of Banking Reinvented explores the evolving landscape of private banking and wealth management, focusing on how financial institutions can address shifting customer expectations.  

    In this episode, host Tim Rutten sits down with Lennart Asshoff, Product Director of Wealth at Backbase, to discuss how private banks and wealth managers can complement traditional, relationship manager-driven services with whiteglove digital experiences. They discuss the challenges faced by institutions still operating with high cost-to-serve models and legacy systems. 

    Tune in to learn how private banks and wealth managers can progressively modernize their systems to provide the digital experiences their clients demand.

    Want more insights into the future of banking? Check out our content hub for impactful podcasts, blogs, and whitepapers.

    Listen now