Growing up behind the Iron Curtain in Kiev, Ukraine, Michael Pinsker had always admired the spirit of entrepreneurial freedom that is a hallmark of the U.S. Twenty-six years after he emigrated here, he still believes strongly in encouraging the free flow of business ideas and enabling those ideas to come to fruition.
He set up Docupace Technologies with this in mind. The company provides broker-dealers, RIAs and financial advisors with a complete technology solution to make their businesses more efficient and client friendly, but also to provide the necessary support and direction to allow companies to stay true to the individual nature of their particular business, all the while enhancing and improving it.
“We decided to focus on the financial advisory market because there exists there a whole entrepreneurial mindset, especially when it comes to independent broker-dealers,” Pinsker said. “We also have expertise in this area; we understand it well and we have people in our firm who came from the industry. This has allowed us to create a specific product to promote best practices and to ensure that the technology we have provides the best value-add.”
Technology, by its very nature, is a transformative tool. Docupace’s tech offering is a holistic solution that allows a financial advisory firm to become more efficient, but in an individualized manner that allows it to better realize its specific goals.
“We have always been client centric. We listen to our clients; we listen to their needs and cater to them,” Pinsker said.
On the administrative side, financial advisory firms that implement Docupace can be assured of an easy-to-use cloud-based solution for their back office and record-keeping needs, and an SEC- and FINRA-compliant straight-through processing platform. The Docupace platform is designed to keep up with regulatory changes as they happen, Pinsker said, without too much additional expense to a business.