French robo-adviser unveils development plans

French robo-adviser Advize, that relies on co-managed savings solutions, is to develop its offer.

The fintech extends its range of products to securities accounts, savings equity plans, collective pensions savings plans, new investments such as ETFs and a network of allocators.

BtoB solutions that will target all stakeholders looking to enhance their BtoC customer bases are also to be implemented.  “Advize wealth management solutions will be rolled out across Europe,” the firm said.

Advize analyses individuals’ risk profiles via a proprietary technology and allocates savings solutions matching the risk profiles defined by its tool.

The fund selection is operated by Morningstar’s analysts. Advize’s team monitors clients’ portfolios and proposes adjustments.

Assets are invested through an online multi-investment life insurance contract backed by Generali.

Advize group is managed by Olivier Gentier and Advize founder Nicolas Marchandise, respectively in charge of group general management, sales and marketing, and product and technology development.

The fintech’s supervisory board is composed of Arnaud Poutier (IG, Boursorama Banque, Selftrade), Julien Nebenzahl (Futur Asset Management, DayByDay, Groupe Gérer) and Benoît Jauvert (Financière de l’Oxer, ING, Ferri Gestion).

Advize is to welcome new financial investors through a “significant funding operation”.

Launched in 2012, Advize currently tallies 3,000 users.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

Close Window
View the Magazine

You need to fill all required fields!