VRGL, a Dallas, TX-based provider of a client acquisition and investment proposal management solution, raised an undisclosed amount of funding.
The round was led by FINTOP Capital and MissionOG, with participation from Northwestern Mutual, Flyover Capital, Fin Capital, and other insiders and friends of the firm.
The company intends to use the funds to execute on its solution, expand product offerings, and support market growth.
Led by CEO Josh Smith, VRGL provides a suite of tools designed to empower wealth management firms to streamline the investment proposal and client acquisition process. Capabilities include risk tolerance, statement aggregation (including PDF statement extraction of all data), institutional-grade analytics, and proposal management capabilities.
By giving clients a view of their consolidated investment portfolio and illustrating a potential transition, it enables advisors to demonstrate their value proposition while ensuring compliance with risk tolerance and investment policies. Through the aggregation of all client investment data, a no-touch analytics package, and automated proposal generation, advisors can contextualize their investment offerings and advice, fostering their client experience. This allows advisors to accelerate client acquisitions and enhance the retention of existing AUM.
FinSMEs
29/08/2024