A recently launched adviser-support firm is partnering with a Swiss wealthtech to provide a personalized advice service for clients that includes sustainable investing.
Boulder, Colorado-based Bonsai’s partnership with 3rd-eyes analytics will “allow advisors to leverage sustainable investing in all stages of the advisory process,” the company said in an announcement today. It will “hyper-personalize wealth planning and enable financial advisors to significantly enhance value to clients with a scenario-based asset/liability management methodology,” the company added.
Bonsai, which started about three months ago, provides consulting and other services to financial advisers through three different business units. Former Allianz Exchange president Robert DeChellis is CEO and founder of the new firm, and partners include former BlackRock head of US wealth advisory Frank Porcelli.
The company “empowers RIAs and hybrid advisers with innovative solutions and technology needed to manage the entirety of a client’s balance sheet, a model only historically available to institutional and ultra-high net worth investors,” the firm stated.
3rd-eyes uses a “novel climate change simulator” to gauge the potential impact of global warming on a client’s wealth in the future and create ESG allocations that fit different scenarios, according to a spokesperson. The firm is also in the process of “aligning the investment focus with the UN’s SDGs.”
