The latest developments in technology products and investments in North America.

Kingswood
Kingswood US, a network of wealth management firms overseeing more than $2.1 billion in assets, has launched an upgraded alternative investments platform.

The digitized platform is powered by fintech firm Altigo, a subscription solution from WealthForge.

Altigo provides advisors and their clients with an online portal to enter information and upload required documents that automatically generate customized subscription documents. It delivers them via DocuSign to all relevant parties for signature. 

The offering taps into a trend of widening access to alternative assets such as private equity, credit and real estate in the US and certain other jurisdictions. 

"With interest rates nearing zero and extreme valuation swings across public equity markets, retail investors are increasingly demanding investment solutions from their financial advisors that generate yield, create increased diversification and drive enhanced risk management. By streamlining access to institutional-quality alternative investments, we are providing advisors with the tools they need to more effectively serve their clients and grow their business on a scalable basis,” Mike Nessim, president and managing partner of Kingswood US, said.

Kingswood has more than 160 advisors across the US.