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.