Cloud-based application leverages institutional-grade investment technology to optimize results for advisors
LOS ANGELES – Jan. 14, 2016 – Totum Wealth, a provider of institutional-quality analytics and innovative solutions for financial advisors, announces today the official launch of Totum, the first and only wealth management platform that analyzes comprehensive human capital factors in investment proposals. Totum helps human financial advisors differentiate their capabilities from automated investment services by delivering fully-customized portfolios via an interactive visual interface, democratizing tools previously available to only the largest institutional investors.
Built around the belief that each individual deserves a personalized investment strategy, Totum provides a thorough contextual perspective to help advisors better serve clients. Unlike existing financial planning software, Totum goes beyond age and income to measure the impact of human capital factors, including geography, industry concentration, career, health, family, real estate and balance sheet. By using the platform to analyze specific risks in each client’s life, advisors can quickly and easily generate a compelling visual portfolio using any funds and stocks, compare results over various market scenarios, and recommend customized solutions. Totum can be used either as a turnkey SaaS application or hosted in-house, revolutionizing the approach to personal wealth management.
Early beta-testers, including Certified Financial Planner Robert Dalie, Executive Director of Investments at The Summa Group of Oppenheimer & Co., have leveraged the platform to achieve success for both advisors and clients.
“Totum has eliminated the need for time-consuming spreadsheets and supports The Summa Group’s initiatives by generating dynamic visual proposals,” said Dalie, “This allows our clients to easily monitor and measure the key risk metrics and attributions within their portfolios in an engaging way.”
Seasoned industry veterans, Min Zhang, CFA, previously of PIMCO; and Mark Cone, a former co-founder and managing partner at Causeway; founded Totum to help investment professionals grow their businesses and better guide their clients.
“Successful institutional investors such as pension funds and endowments have very detailed measures of risk; and rather than using broad models, they can tailor the portfolios completely to their needs.” said Min Zhang, co-founder and CEO of Totum, “Today we bring these powerful tools to financial advisors and their clients.”
About Totum Wealth
Based in Los Angeles, Totum Wealth provides institutional-quality analytics and innovative solutions for financial advisors to better serve their clients. The company’s first product, Totum, helps advisors differentiate their capabilities by analyzing comprehensive risk factors and generating customized portfolios. For more information, visit http://www.totumrisk.com/ or follow the company on LinkedIn.