Shaping Wealth Management for the Affluent
Altoo enables wealthy individuals and their families to seamlessly centralise and interact with all of their assets. But Altoo’s solution goes beyond data collection and analysis. The platform acts as a secure digital hub for comprehensive wealth management, expertly designed to provide easy-to-use day-to-day functionality and mastery of complex wealth components.
The Genesis of Altoo: A Unique Solution
Altoo’s story began in late 2017 in Zug, Switzerland, in the midst of a unique situation involving a closing bank. The technology that kept the bank running was recognised as having potential beyond its original application. This was the spark that ignited the birth of Altoo, as the technology’s potential for the ultra-high-net-worth (UHNW) market was realised and embraced.
Meet the Masterminds behind Altoo’s Platform
At the helm of this ambitious project is Ian Keates (CEO), whose extensive experience in the financial sector, combined with technology and financial market expertise, has been instrumental in Altoo’s success. He is joined by Nico Meier (Head of Product), who has a proven track record in product design, software development, and finance, Cosimo Violati (Head of Business Development), who has extensive commercial experience working with family offices and UHNWIs, and Philip Hediger (Head of Wealth Servicing), who has years of experience in providing client-focused services to UHNWIs.
Simplifying Complex Wealth: The Altoo Promise
Altoo’s philosophy of “Simplicity for Complex Wealth” addresses the key challenges faced by UHNWI. The platform provides a single view of their wealth and simplifies the process of tracking and controlling their diverse investments. It handles data from multiple banks, asset managers, and advisors and manages investments in real estate, private equity, and lifestyle assets globally.
Wealth Aggregation: Simple, Dynamic, and Secure Beyond Compare. Discover the Altoo Wealth Platform!
Bridging the Gap: Tradition and Technology in Unison
Altoo’s integration of the latest technologies into the traditionally conservative banking and investment industry has been innovative. As a nimble, independent entity, Altoo is able to respond quickly to new trends and customer demands. The platform is constantly updated, and security, a cornerstone of Altoo’s delivery and development, remains a non-negotiable priority.
Top 5 Reasons to Choose Altoo Wealth Platform
- Consolidation of Assets: Altoo simplifies wealth management by providing a consolidated report of your global wealth in one place.
- Collaboration: Altoo fosters improved collaboration, transparency, and efficiency by allowing stakeholders to share access.
- Security: Altoo utilises advanced security measures to safeguard sensitive financial data.
- Ease of Use: Altoo’s user-friendly interface makes it easy to manage and understand assets.
- Insights and Analysis: Altoo provides analytical tools and insights to facilitate informed investment decisions.
Altoo’s Role in the Financial Ecosystem
While Altoo’s platform brings unprecedented transparency and simplicity to wealth management, it’s not designed to replace family offices or dedicated wealth managers. Instead, the platform complements these traditional entities by serving as an easy-to-use and intuitive conduit between wealth owners and their financial advisors. Altoo’s platform enables greater collaboration by making wealth information accessible in a comprehensive, easy-to-understand format. This clarity empowers UHNWIs to better engage in their wealth management process while providing financial advisors with a streamlined, consolidated view of their clients’ assets.
Unwavering Commitment to Security
In the wealth management industry, security is paramount. Recognising the sensitivity and importance of the data it handles, Altoo’s security protocols are nothing short of stringent. Altoo uses state-of-the-art encryption methods to ensure that all client data is protected to the highest level. This encryption applies to both data in transit and data at rest, providing a comprehensive shield against potential threats. In addition to these measures, Altoo is committed to keeping its security practises up to date with the latest advances in cybersecurity. By continuously evaluating and improving its security protocols, Altoo ensures that it remains a safe and trusted platform for its users.
Future-Forward: What Lies Ahead for Altoo
Since its launch in 2017, Altoo has continued to improve its software and has ambitious plans for the future. These include allowing clients to dive deeper into their fund investments, significant additions to the mobile app, and the potential use of AI to provide insights into portfolio changes.
A Glimpse into Altoo’s Five-Year Vision
In five years, Altoo envisions a significant expansion of its client base, potentially extending its reach beyond the UHNW demographic. However, it remains committed to its core values and client relationships rather than pursuing growth at any cost. Its key milestones focus on quality of service and delivering a valuable product to its clients.
