Unified managed account (UMA) provider OneVue has added CARM, a new planning tool for accountants and financial planners, to its suite of products.
Designed to help accountants and financial planners prepare a life plan for clients, OneVue has acquired the exclusive distribution rights for CARM in the Asia Pacific region.
OneVue global chief executive Connie McKeage said CARM was among the best client engagement software applications she had seen and that it was easy to use, engaging and served as a great customer educational tool.
“OneVue will provide support for all of CARM’s existing clients, but the CARM system will be going into lockdown to prepare for a major rollout,” McKeage said.
“CARM will be re-released as WealthVue in July and will be offered as both a standalone product as well as an integrated UMA solution.”
CARM chief executive Matthew Lock said CARM had been searching for the right partner for some time and that the OneVue team represented a perfect match.
“We see the market and its future the same way, so the cultural alignment was a key factor in ultimately selecting OneVue as our partner,” Lock said.
“I am confident that WealthVue will very quickly become a significant contributor to OneVue’s overall adviser and accountant proposition.”
As part of the deal, Lock will join the OneVue management team to further strengthen OneVue’s financial planning expertise.
The announcement comes on the back of OneVue’s launch of an adviser directed UMA last week.
