A colleague of mine sent an email the other day with the subject “Who is WealthTouch,” along with a link to a recent FA Magazine article covering what I thought was a new entry in the account aggregation domain. After reading the article, my reply back to my friend was “I suppose it’s comparable to that solution BAA (ByAllAccounts) offers – WebPortfolio… but a much, much more sophisticated platform for the uber rich.” After a little digging, it appears that I was spot on.

WealthTouch (WT) is an account aggregation, expense management, and wealth reporting platform for Ultra-High Net Worth families. Unlike your typical HNW individual who has one or two advisors and a handful of accounts at various custodians, the WT client has great diversity across a much larger spectrum of investments and a number of different money managers watching over their finances. This client, according to WT, requires a more sophisticated platform to pull together a much more complex estate structure which consists of hedge funds, private equity, investments, and other assets — The typical WT client is a family with over $100 million in assets. » Read more: WealthTouch – Account Aggregation For The Super Rich