Totum Wealth is launching another office as it pushes deeper into the wealth management technology space.

Totum Wealth, a provider of digital client engagement and analytics tools for financial advisors, has established another office in Los Angeles, CA, as it continues to penetrate the wealth management technology space.

Through its risk profiling platform, Totum analyzes clients' human capital factors including health, family, career and financial concentration, among others.

“By examining these factors, financial advisors can effectively illustrate and communicate those distinct risk exposures to the client, and create a customized investment portfolio that addresses them,” the firm said. 

Launched in January 2016, Totum was developed by Min Zhang, previously of PIMCO, and Mark Cone, a former founding partner of Causeway. 

The firm, which is based in Los Angeles, CA, recently announced a strategic partnership with Envestnet | Yodlee, enabling clients to aggregate financial accounts into Totum. New features are planned for this year, it said.