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RightCapital Partners with Wealth Manager CircleBlack

RightCapital Partners with Wealth Manager CircleBlack

Hot on the heels of its latest partnership announcements with advisor technology platform Capitect and Morningstar, Shelton, Connecticut’s RightCapital has another integration to celebrate, this time with wealth management platform, CircleBlack.

“We are excited to have RightCapital’s financial planning software integrated into CircleBlack,” company CEO John Michel said. “With our client app, held-away accounts added just once by the client push to RightCapital, giving advisors an incredible leg up in creating a full-picture plan.” Michel added that the integration among other things makes it easy for financial advisors to move back and forth between client portfolios on CircleBlack and their portfolios on RightCapital.

RightCapital provides financial and tax planning solutions to help advisors build holistic retirement plans for their clients. The technology leverages advanced Monte Carlo simulations, optimizes Social Security, and offers tax-efficient drawdown strategies and Roth conversions. RightCapital also helps users of its platform manage tax liabilities, budgets, and debt retirement strategies. Courtesy of the integration with CircleBlack, advisors will be able to automatically update client data and account values in RightCapital’s platform from CircleBlack.

“We are thrilled to partner with an innovative company like CircleBlack,” RightCapital CEO and co-founder Shuang Chen said. “RightCapital is committed to helping advisors grow their business, and our robust platform integration now enables advisors working with CircleBlack to deliver differentiated value to their clients.”

RightCapital was founded in 2015. The company demonstrated its API and enterprise solution at FinovateSpring last month. The technology enables financial management firms to deliver customized solutions that support and drive customer acquisition, education, and engagement.

In addition to its recent partnerships with Capitec and Morningstar, RightCapital announced that it had integrated with LPL Financial, an independent broker/dealer with 16,000 advisors in its network, in April; and partnered with Independent Financial Group in March.

RigthCapital has raised $8.6 million in funding. The company includes Camellia Venture Capital among its investors.