Nick Bernardo
Founder & CEO
OnBord
OnBord offers a SaaS platform that automates client onboarding and account opening for financial advisory firms. It streamlines data collection and compliance documentation through a mobile-first experience, integrating with CRMs and e-signature solutions to reduce errors and improve efficiency.
- Enterprise Software
- Financial Technology
- Software Only
Updated 5 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
The manual process of onboarding new clients in wealth and financial services is time-consuming, prone to errors, and creates a poor client experience. This leads to significant administrative overhead, increased Not-In-Good-Order (NIGO) rates, and delays in account opening.
Solution
OnBord provides a SaaS platform designed to automate and streamline the client onboarding and account opening process for financial advisory firms. The platform facilitates data collection and compliance documentation through a guided, mobile-first client experience. By leveraging direct integrations with CRMs and e-signature solutions, OnBord ensures data accuracy and reduces manual touchpoints. Automated reminders and a secure data transfer protocol further enhance efficiency and compliance, allowing advisors to focus on client relationships.
Target Audience
The platform serves Registered Investment Advisors (RIAs), independent financial advisors, and advisory teams within wealth management firms seeking to optimize their client onboarding and account opening workflows.
Features
- Automated client data collection via SMS and email, with mobile-optimized workflows.
- Direct API integrations with leading CRMs (e.g., Redtail, Salesforce Financial Services Cloud, Wealthbox) for seamless data synchronization.
- Integrated e-signature capabilities via DocuSign for digital document completion.
- Secure, direct data transmission to integration partners, bypassing OnBord's database to enhance security and reduce NIGO rates.
- Automated compliance document generation and distribution, including Form ADV 2A, Form CRS, and ADV 2Bs.
- Operational dashboard for advisors to manage client progress and administrative tasks.
- White-labeling capabilities for personalized client branding.
- Automated SMS and email reminders to ensure timely client information submission.
- Direct integration with custodial platforms like Schwab for streamlined account opening paperwork.