BGL Company Options have introduced its integration with wealthtech startup HeirWealth, to automate valuation processing for environment friendly intergenerational wealth transfers.
“We’re excited so as to add HeirWealth to the BGL Ecosystem,” mentioned BGL’s Chief Govt Officer, Daniel Tramontana. “This integration will assist purchasers effortlessly present correct valuations for belongings and liabilities held inside their SMSFs, corporations and trusts managed in BGL’s Easy Fund 360 and Easy Make investments 360 software program to HeirWealth’s platform.”
HeirWealth goals to assist Australian SMSFs have higher intergenerational conversations about cash. The HeirWealth platform offers household buyers and their skilled advisers with a view of belongings and liabilities throughout 40 totally different lessons, together with conventional investments reminiscent of shares and property and non-traditional belongings reminiscent of collectibles.
Ray Tubman, Founder and CEO of HeirWealth, mentioned, “The forthcoming intergenerational wealth switch goes to current plenty of challenges. Whether or not you need to begin having these conversations now or wait until later, centralising info in a single safe location like HeirWealth is a superb concept.”
“The HeirWealth platform offers easy but highly effective wealth monitoring that permits people, households {and professional} advisers to organise every thing collectively in a single place,” continued Tubman. “That features conventional investments like time period deposits, shares and property, in addition to various investments like personal fairness and ‘belongings of ardour’ like superb wine, antiques and collectibles. You’ll be able to even add pictures out of your telephone and depart annotations to seize your loved ones’s story and legacy, so every thing is recorded in a single central vault and preserved for future generations.”
Jeevan Tokhi, Normal Supervisor of Product – Easy Fund 360, Easy Make investments 360 and BGL SmartDocs at BGL, mentioned, “This integration is facilitated by BGL’s free and open API which offers asset stability information from Easy Fund 360 and Easy Make investments 360 into HeirWealth, refreshing the info nightly. This permits companies to streamline their consumer’s monetary world by consolidating all their monetary and life-style belongings, together with important paperwork, into one easy-to-use utility.”
BGL’s API is used extensively throughout the business with 350+ information feed and integration companions within the BGL Ecosystem, delivering a holistic expertise to BGL purchasers.
