VRGL develops a wealth management data analytics platform that automates the investment proposal process by extracting and analyzing client portfolio data across five key pillars: performance, risk, diversification, taxes, and fees. This technology enables wealth managers to quickly generate personalized proposals, significantly reducing analysis time by 75% and accelerating client conversion rates by 30%.
Funding
$28M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Wealth managers often face challenges in efficiently analyzing client portfolios and generating personalized investment proposals. The manual extraction and analysis of data across various sources is time-consuming, hindering their ability to quickly demonstrate value and build trust with prospective clients. This can lead to slower client conversion rates and limit the potential for increased assets under management.
Solution
VRGL offers a data analytics platform that automates the investment proposal process for wealth managers. The platform extracts and analyzes client portfolio data across five key pillars: performance, risk, diversification, taxes, and fees. By providing a holistic view of a prospect's current portfolio compared to proposed portfolios, VRGL enables advisors to introduce investment insights earlier in conversations, building trust faster. The platform facilitates the creation of white-labeled, compliant proposals and reports, showcasing a firm's value and differentiation through objective analysis and current vs. proposed comparisons.
Target Audience
The primary target audience consists of wealth management firms and financial advisors seeking to streamline their investment proposal process, improve client communication, and accelerate client acquisition.
Features
- Automated data extraction from client portfolios via paper statements or direct wealth management integrations.
- Objective portfolio assessment across five key pillars: performance, risk, diversification, taxes, and fees.
- Risk tolerance questionnaire to identify the optimal investment approach for each client.
- Generation of white-labeled, compliant PDF or PowerPoint proposals and reports.
- Current vs. proposed portfolio comparisons to highlight the value of the advisor's recommendations.
- Ongoing monitoring to track client progress and adapt to evolving life changes.