UBS Global Wealth Management enhanced its UBS Workplace Wealth Solutions offering with updated, personalized digital capabilities to address the financial wellness concerns of its corporate clients’ employees and expand their understanding of their personal finances.
The enhancements include a collaboration with FutureFuel.io, a platform that empowers employees of its corporate clients to manage student debt. Starting this fall, a UBS corporate client can provide its employees with access to the FutureFuel.io student loan offering through the enhanced UBS Financial Wellness platform.
UBS also expanded its offering to include its Retirement Plan Advisor solution, a new advisory program designed to deliver enhanced services in an efficient manner to smaller participant-directed defined contribution plans.
A new digital experience is also being launched that UBS said was “built around the understanding that an individual’s finances are deeply emotional.”
LaSalle St. Introduces Financial Planning Platform
Chicago broker-dealer/RIA LaSalle St. has become the latest firm to introduce a financial planning platform.
GuideTrack, announced by the company Thursday, is a flexible and technology-enabled financial planning platform that it said “empowers financial advisors to more effectively serve tech-savvy clients who want a digitally enhanced service experience but still value the counsel of a trusted advisor.”
The platform is being offered to all financial advisors in LaSalle St.’s network. Its turnkey capabilities are also “well-aligned with the needs of advisors based at financial institutions such as banks and credit unions,” the firm said.
GuideTrack uses the Fidelity Automated Managed Platform that was co-developed with Fidelity’s eMoney Advisor.