The partnership will allow Advicent Solutions to expand its offering in the areas of personal financial management and account aggregation. It will also enable advisors to automate their data gathering which will reduce their plan creation time, giving them a continually updated view of a client's financial situation.

In the coming months, Advicent Solutions will launch a "collaborative client experience" that combines personal financial management and financial planning, the firm said.

“Through this partnership we will help advisors serve an increasing number of their clients more effectively. Planning will now be easier, continuous and interactive and will be done in real-time. In accomplishing these things, the partnership with Quovo supports the Advicent mission of enabling everyone to understand and impact their financial future,” said Advicent Solutions' senior product director, Cory Olson.