Mackenzie Investments is turning to fintech firm OneVest as it accelerates a sweeping digital transformation designed to modernize how advisors and clients interact across its platform.
The Canadian asset manager plans to deploy OneVest’s operating system to support a new generation of digital tools, including client and advisor portals, as well as onboarding capabilities. The rollout, expected later this year, is intended to deliver a more streamlined and scalable user experience across its network.
The move reflects Mackenzie’s broader push to upgrade its digital ecosystem, with a focus on improving service delivery, integrating data infrastructure, and simplifying workflows for its more than 40,000 advisors and their clients.
At the core of the partnership is OneVest’s API-driven architecture, which allows for seamless integration into complex enterprise systems. Mackenzie selected the platform in part for its ability to offer a customizable, white-labelled interface that reduces administrative burden while enhancing usability.
“Mackenzie is a visionary institution that deeply understands the importance of elevating the advisor and investor experience in a rapidly changing market,” said Amar Ahluwalia, CEO of OneVest. “Modern asset management requires a shift from rigid, legacy systems to agile, modular environments. Our technology doesn’t force firms to change their business; it provides the flexible engine needed to accelerate it. By supporting Mackenzie’s new digital experiences, we’re providing the high-velocity infrastructure they need to deliver a refined, state-of-the-art experience for their clients.”
The initiative will introduce a redesigned interface aimed at helping advisors better manage day-to-day workflows, alongside a new investor portal and mobile application to improve client engagement.
The platform’s modular design is also expected to give Mackenzie greater flexibility to adapt its systems over time, while its data architecture is built to handle high volumes of activity without compromising speed or security.
Luke Gould, president and CEO of Mackenzie Investments, said the firm is prioritizing technology investments that can support faster execution and improved client outcomes.
“Delivering a seamless, high-quality experience for advisors and investors is central to our strategy,” he said. “As we continue to modernize our platforms, data, and service model, we are investing in flexible, scalable technology that enables us to move with greater speed and precision. Our collaboration with OneVest strengthens our ability to reduce complexity, better support advisors, and deliver a more intuitive and connected experience for the clients we serve.”
The partnership underscores a growing trend among large asset managers to adopt more adaptable, technology-driven operating models as they seek to remain competitive in an increasingly digital wealth management landscape.
Nine-month electronic trading freeze and share lending program at the center of dismissed claim.
Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.
With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.
Professional athletes are often targets of scam artists and are particularly vulnerable to fraud.
The brokerage giant tells Wall Street it will use artificial intelligence to reach clients it has never been able to serve — and turn the technology's perceived threat into a competitive edge.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
