benjamin Momentum Accelerates with Strong Sales Growth and Successful Fundraising Pitch on ScratchWorks – Season 4 | News

0

Innovative AI-powered business support system posted record revenue in Q1 2022, continuing a nearly year-long streak of double-digit quarter-over-quarter growth; CEO Matt Reiner Successfully Delivers Funding Pitch at ScratchWorks FinTech Accelerator

ATLANTE, April 13, 2022 /PRNewswire-PRWeb/ — benjamin, the only AI-driven business support system purpose-built for the wealth management industry, today announced record revenue growth results combined with a presentation fundraising to flagship investors from ScratchWorks, the elite of the fintech accelerator wealth management industry.

The growing adoption of benjamin’s advanced design by leading RIAs is enabling consulting firms to automate much of the customer journey, from streamlining the prospecting process, simplifying onboarding, coordinating scheduling and preparation for meetings, as well as ongoing client engagement and relationship management. The combination of these key features provides RIA companies with significant quantifiable and scalable benefits such as increased capacity, operational efficiencies, increased productivity, and customer service improvements.

“We’re seeing tremendous results as advisors see the benefits of Benjamin’s innovative technology that syncs the RIA and Custodian technology stack to automate over 100 common workflows and tasks to deliver efficiency, scalability, and cost savings” , said Matt Reiner, CEO of Benjamin. “Our mission from the beginning with benjamin has been to elevate advisors and staff out of routine tasks so they can leverage their true competitive advantage of personalized and human services and it is extremely gratifying to see this begin. to perform widely in our customer base.”

Benjamin’s continued momentum over the past month also included being selected from a highly competitive group of fintech startups to present live on stage at Barron’s Top Independent Advisors Summit held recently as part of ScratchWorks – Season 4. benjamin CEO Matt Reiner made a compelling case for benjamin’s business case and potential to flagship ScratchWorks investors, including Mariner Wealth Advisors Marty Bicknell and The Colony Group Michael Nathanson. Both Bicknell and Nathanson have agreed to become investors in benjamin onsite for a negotiated equity investment, subject to final terms and agreement from the other anchor investors that make up ScratchWorks.

Nathanson noted that “benjamin’s innovative offering addresses some of the key needs of wealth management firms across the country, including technology integration, harnessing the power of AI and ensuring a seamless onboarding experience not only for clients but also for the advisors who serve them. Combine that with a visionary leader and a powerful mission, and benjamin could be a game-changer for the industry.”

“Some of the biggest opportunities we see in advancing advisor technology are in streamlining the many operational tasks that can limit a business’ ability to scale,” Bicknell said. “benjamin, with his ability to coordinate and optimize existing systems, can be that missing link in the advisor technology stack and I see real potential for this innovative solution and am excited to be one of the first investors to accelerate his growth.”

“Presenting live on ScratchWorks to the industry’s top performing RIA companies at Barron’s was a huge milestone for Benjamin and I’m delighted that we were able to reach a preliminary agreement to work with some of the best-known consulting firms. and the most successful companies in the industry that are part of ScratchWorks,” said Reiner. “This new partnership promises to further accelerate our growth and we look forward to delivering great things to our current and potential customers. I want to thank Barron’s and ScratchWorks for this great opportunity.”

In addition to these successes, benjamin was also recognized as the most recent winner of wealthmanagement.comPrestigious 2021 Industry Awards Program for Workflow Automation / Business Support Systems. A panel of experts and industry luminaries recognized Benjamin for his innovations in integrating AI into the advisor technology stack, as well as launching an all-new category of financial advisor technology to automate many manual workflows that limit advisor capacity and business growth.

To learn more about benjamin and his growing impact on the wealth management industry, log on to http://www.getbenjamin.com

About Benjamin

benjamin is the financial industry’s first-ever AI-driven business support system that seamlessly integrates the software tools and data used by advisors and their teams to better serve their clients. benjamin gracefully automates a myriad of time-consuming, menial but imperative tasks, giving the advisor more time to foster value-added client relationships. The productivity gained by the presence of benjamin allows companies to quickly develop their activities and their profitability. Originally created by a multi-billion dollar investment advisory firm, benjamin is now independent and used by financial advisors nationwide to better serve current and future families. For more information, visit http://www.Getbenjamin.com

Media Contact

Timothy WelshNexus Strategy, LLC, 415-847-4874, [email protected]

SOURCE benjamin

Share.

About Author

Comments are closed.