Ategenos reveals “next-generation TAMP” for wealth firms

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The firm founded by ex-Brinker Capital execs has unveiled an integrated platform that can meet the needs of RIAs, family offices, and institutions.

Ategenos Capital, an employee-owned firm focused on partnering with financial institutions to provide investment advisory solutions and personalized advisor services, has announced the launch of its own TAMP.

The open-architecture platform is designed to offer a comprehensive suite of wealth management tools for registered investment advisors, family offices, and financial institutions, Ategenos said in a statement.

“By leveraging our experienced team and partnerships with industry-leading investment and technology providers, we are excited to deliver a flexible platform that can solve for multiple use cases,” said Brendan McConnell, chief operating officer of Ategenos Capital.

“We are committed to helping advisors create operating leverage and efficiency, giving them the ability to focus on higher value client activities and growing their business,” he said

The Ategenos Wealth Platform aims to support advisors in four core areas, namely technology, operational and support services, investment solutions, and integrated wealth management solutions.

It includes a multi-custody feature currently compatible with Fidelity and Schwab, with plans to include FNZ. The platform offers customizable investment features such as unified managed accounts and an advisor-as-portfolio manager capability, along with a vast selection of investment products, including separately managed accounts, mutual funds, and exchange-traded funds.

The platform is designed to be highly customizable, with the ability to be white-labeled for each advisor firm. Its features include streamlined proposal generation, onboarding tools, advisor and client portals, performance reporting, billing, trading, and data aggregation.

The Ategenos Wealth Platform can also integrate with third-party services, offering advisors access to tax management, alternative investments, cash and credit solutions, and data analytics.

The firm is unveiling its new TAMP roughly a year after it was founded by 12 former leaders at Brinker Capital.

At the time, the founders envisioned a three-pillar business model that includes an asset management solutions business, a wealth management service unit for foreign financial institutions, and OCIO services.

It took several months for Ategenos to get the SEC’s approval to run as an RIA, at which point it was able to offer its discretionary investment advisory solutions to the affluent and mass affluent markets.

“At our prior firm, many of us helped pioneer one of the original independent TAMP offerings in the industry,” said John Coyne, chair of Ategenos Capital. “It is exciting to see this wealth of industry knowledge combined with leading-edge technology being deployed to forge the next generation TAMP,” Coyne said.