Tech platform provider Riskalyze says it has struck an enterprise-level deal with HighTower, an RIA network with 99 advisory businesses and about $70 billion in total client assets. With the partnership, HighTower advisors will have access to client engagement, data analytics and trading-automation tools.
“We are honored that HighTower has chosen Riskalyze and are excited to partner with their advisors,” said Riskalyze CEO Aaron Klein, in a statement. “Our mission to empower the world to invest fearlessly continues to grow thanks to incredible firms like HighTower who align with our priorities and vision.”
The news comes about a month after Riskalyze announced a similar deal with Waddell & Reed, a broker-dealer with roughly $57.4 billion in assets under administration as of June 30 and 1,347 advisors and associates.