WealthTech100 names Luminary as a top company transforming wealth management

The WealthTech100 shines a spotlight on the WealthTech companies that every player in the wealth management industry should know about. Luminary was selected by a panel of analysts and industry experts from over 1,300 nominated companies. To make the list, the panel looked for companies that are helping address some of the biggest challenges and opportunities within wealth management.

The proliferation of digital services has transformed the way individuals want to manage their finances. Coupled with a tech-savvy younger generation, financial institutions have needed to change how they operate, moving towards quick and streamlined experiences that put customers at the front.

FinTech Global director Richard Sachar said,

Luminary is the first software solution uniting the wealth management ecosystem—including investment, tax, legal, and trust advisors—with a purpose-built platform for the delivery of trust & estate services. Their open-architecture system enables any advisor to collaborate seamlessly with their client’s professional team and work off of a shared digital record of underlying trust & estate plan data as a source of truth. Luminary’s applications enable teams with new capabilities like AI-powered document summaries, transfer plan visualizations, strategy designs, scenario modeling, client presentations, and “tax alpha” reporting all on one platform.

The WealthTech100 list provides senior decision-makers with a guide on the best vendors in the market and practical examples of how the latest AI advancements are transforming the investment industry.

A full list of the WealthTech100 and detailed information about each company is available to download at www.WealthTech100.com