UBS has formed a partnership with BizEquity, an online provider of estimated business valuations. This will allow a select group of UBS financial advisors in the US arm of its global wealth management business, to access BizEquity’s database of businesses and valuation information, reports Sharon Kimathi of Fintech Futures (Finovate’s sister publication).

Enterprise access through BizEquity will support UBS financial advisors to provide clients with informal valuation reports that will assist them with their financial planning needs.

James Jack, director of the business owner strategic client segment at UBS Financial Services said: “Our advisors are constantly looking for new ways to grow their business and expand their reach, particularly in middle-market businesses. Access to the BizEquity platform will help us to deliver highly tailored advice to our clients.”

“UBS is one of the preeminent names in the wealth management industry and we are proud to announce our partnership. The clients and prospects that it serves will benefit from our service to help them answer one of the most important questions they will ever ask: ‘What is my business worth?’” said Michael M. Carter, founder and CEO of BizEquity.

BizEquity is a leading provider of business valuations, distributing its cloud-based service through thousands of financial advisors to help better inform businesses of their lending, insurance, and wealth management needs and potential.

Founded in 2010, BizEquity demonstrated its BizEquity One UK solution at FinovateEurope 2015. The technology provides real time, dynamic valuations, “Zillow-esque” search functions on more than two million pre-valued businesses in the U.K., real time advice and alerts during the valuation process, and an dashboard that provides an infographic-like overview of business value and KPIs.

BizEquity has raised $5.1 million in funding. Brinker Capital and Frost Books are among the company’s investors.