Sydney-based wealthtech HeirWealth has partnered with open banking technology company Envestnet Yodlee to streamline the intergenerational wealth transfer process.
The HeirWealth platform provides family investors and their professional advisers with a view of assets and liabilities across 40 different classes, including traditional investments such as shares and property, and non-traditional assets such as collectibles.
Through the Envestnet Yodlee partnership, HeirWealth can access open banking data under Australia’s Consumer Data Right.
The HeirWealth app is available to individual families and family offices in Australia and the UK. It can also be white-labelled by financial advisers, wealth managers, accountants, lawyers and other professionals.