Veteran fintech team catalyzes year-over-year AUM growth of more than 100 percent for Washington-based RIA
CHICAGO,- Advyzon, an industry-leading, cloud-based financial advisor technology platform, today announced its pivotal role in helping registered investment advisor (RIA) Clear Creek Financial Management (“Clear Creek”) achieve consistent, year-over-year AUM growth of more than 500 percent since 2015.
Clear Creek, which provides investment management and wealth planning to individuals, families, and businesses, was founded in 2014 by Ben Warren, Brian Deely, and Joe Gates. Since inception, the Silverdale, Washington-based firm has grown to more than $200 million in assets under management and over $2 million in annual revenue. It attributes much of this rapid expansion to its adoption of Advyzon’s fintech platform, through which Clear Creek advisors are afforded access to a comprehensive suite of cloud-based digital solutions. These include configurable client web portals, as well as best-in-class performance reporting, flexible billing, CRM, document storage and business intelligence capabilities. Advyzon’s oversight also ensures that advisors’ white-labeled dashboards are completely customized from end-to-end, reflecting the unique needs of their respective clients.
“In today’s fast-paced environment, fully digital internal processes and client communications are not ‘nice-to-haves’ – they are ‘must-haves’,” said Clear Creek principal and co-founder Brian Deely. “Working with Advyzon, we’ve been able to significantly streamline and optimize our digital offerings, while reducing annual technology spend by more than 50 percent. Advyzon has been a true partner throughout our engagement, remaining highly attuned and responsive to our needs to help us scale our business effectively.”
Prior to engaging Advyzon in 2015, Clear Creek was utilizing several technology providers but experiencing various billing and service issues. It turned to Advyzon to consolidate its stack, minimize the need for costly disparate systems, and enhance overall productivity. The firm has now built out a replicable model that allows for the rapid onboarding of affiliates to the Advyzon platform.
“It’s a pleasure to congratulate Clear Creek on its impressive upward trajectory, which reaffirms our founding mission,” said Advyzon CEO and founder Hailin Li. “Our dedicated, entrepreneurial team has decades of collective experience in the advisory space, through which we formed a deep understanding of advisors’ technology and service needs. It’s rewarding to see firms like Clear Creek enjoy the benefits of intuitive and flexible digital solutions that ultimately empower them to do what they do best – help their clients plan for brighter futures.”
Founded in 2012 by veteran financial industry technologists, fintech platform Advyzon serves more than 350 advisory firms – 95 percent of which operate as RIA/hybrids. Advyzon supports firms at various stages of their life cycle, from newly established businesses to those managing well over $1 billion in assets.