CapIntel’s solution solves two fundamental challenges for advisors.
The first is the necessity for advisors to focus on engaging and presenting investment solutions to clients, in addition to financial planning. Advisors’ ability to efficiently and transparently communicate recommendations to clients has become increasingly critical to building trust.
The second challenge is the often-tedious preparation of investment proposals. Proposals that are easy to build, easy to understand, and easy to talk about can lead to better outcomes for advisors and clients alike.
“The wealth management industry continues to benefit from technology to enhance client experiences, and we’re excited to be at the forefront of this transformation,” said James Rockwood, Founder and CEO of CapIntel.
“This round of funding will further fuel a steady and sustainable growth for CapIntel and help us fulfill our ultimate mission to build wealth for all. Our partnership with TPFG is another market proof point that not only demonstrates the value of our product, but points to a larger trend of financial firms seeking tools to help advisors thrive in a digital world.”
Since launching its platform in 2019, CapIntel experienced nearly 800 percent revenue growth in 2021, following a 640 percent growth in 2020.
CapIntel is used by more than 10,000 advisors serving more than two million households, including three of the top five Big Banks in Canada.
The team plans to hire at least 150 new team members over the next two years, focused on building out the sales and product teams after the recent expansion into the US market.