BetaNXT partners with Pave Finance to expand portfolio management

By Divya Shah

Why it matters: The partnership highlights growing demand for personalised, technology-driven wealth management, enabling advisors to scale customised portfolio strategies while improving efficiency, automation and client outcomes.

BetaNXT, a provider of wealth management technology solutions, has partnered with Pave Finance, a wealth management technology company, to enhance portfolio management capabilities available to financial advisors and registered investment advisors (RIAs). 

Under the partnership, BetaNXT began offering Pave Finance’s portfolio management software to its clients, broadening access to tools designed to support portfolio construction, personalisation and optimisation. The move also strengthened BetaNXT’s wealth management technology suite by adding advanced capabilities for portfolio design and management. 

The collaboration combined BetaNXT’s market presence with Pave’s expertise in portfolio management and optimisation. Together, the companies aimed to help wealth management firms deliver more personalised investment experiences while improving the technology and workflows advisors use to build and manage client portfolios. 

“Portfolio planning is increasingly important as advisors look to provide more customised investment solutions while operating efficiently and at scale,” said Tim Rutka, President of Trading and Settlement at BetaNXT. “Our partnership with Pave expands the offerings available to our clients, giving them access to sophisticated technology that can help advisors seamlessly address investors’ individual needs.”  

Pave’s technology enabled wealth management firms to build portfolios based on client goals, risk tolerance, tax considerations, existing holdings and investment preferences. The platform also supported portfolio personalisation and optimisation, helping advisors tailor investment strategies to individual client requirements. 

“BetaNXT’s extensive presence across the wealth management ecosystem creates an exciting opportunity to bring Pave’s portfolio management software to more firms and advisors – strengthening their optimisation, personalisation, transition management and tax-aware portfolio management capabilities across their client rosters,” said Edward Tedeschi, Head of Strategic Partnerships at Pave. 

The company furher strengthened its ability to support firms across the investment and client lifecycle while helping advisors scale personalised wealth management services more efficiently.