Press Release: Nitrogen Launches Ultimate, a Comprehensive Risk Alignment and Compliance Analytics Platform
Ultimate brings together all the innovation of Nitrogen Elite and Nitrogen Compliance into one streamlined platform, empowering firms to create a consistent client engagement experience, and firmwide compliance analytics to protect and grow their businesses
AUBURN, CALIFORNIA — August 30, 2022—Nitrogen, the industry-leading risk-centric wealth management platform serving tens of thousands of financial advisory firms, today announced the launch of Nitrogen Ultimate, bringing the power of firmwide risk alignment to RIAs and IBDs seeking a consistent client engagement process across all their advisors, and next-generation compliance analytics to protect and grow their businesses, and keep pace with an ever-changing regulatory environment.
Nitrogen Ultimate was created out of demand from registered investment advisor (RIA) firms and independent broker-dealers (IBDs) clamoring for a combination of Nitrogen’s industry standard risk alignment platform and Nitrogen Compliance, the integrated compliance analytics and centralized administration tool that makes it easy to see which accounts have inappropriate investments, concentrated positions, or are out of alignment with their targets. Nitrogen Ultimate is an intuitive, holistic solution for firms designed to enhance the advisor and client experience, while delivering strong business protection and growth to firm leaders and executives.
“We developed Nitrogen Ultimate based on feedback from CEOs, CCOs, and heads of wealth management who have seen amazing results with both Nitrogen Compliance and our client-facing risk tools, and sought a unified solution,” said Drew DiMarino, Chief Growth Officer at Nitrogen. “Nitrogen Ultimate represents the next evolution of our platform — helping firms solve client engagement and compliance problems with strong risk methodology and powerful analytics.”
Nitrogen Compliance, included in Ultimate, grants the ability to analyze every single holding across a firm in minutes and roll that analysis up for efficient identification of misaligned accounts or households. It also features quick searches for accounts under specific advisors or clients and flexible filtering to fit any concentration threshold. The product supports a firm’s entire book of business, regardless of how many advisors in the firm are using Nitrogen.
Nitrogen Elite, included in Ultimate, allows each of the firm’s advisors to deliver a consistent client experience that drives alignment between clients and their portfolios, increases client engagement, satisfaction and retention, and documents compliance with key rules including Regulation BI and the duty of care that advisors must demonstrate.
Every Nitrogen Ultimate client can configure the platform with custom market assumptions and investment choices, firm branding, and multi-team access control and insights.
“Gone are the days of a fragmented client experience, and using ‘hope’ as a strategy for finding the ticking time bombs in client accounts,” said Aaron Klein, Chief Executive Officer at Nitrogen. “Nitrogen Ultimate enables advisors to help clients visualize and understand the relationship between risk and reward, while their firm leaders can ensure their businesses are protected and growing.”
For more information about Nitrogen Ultimate, go to https://nitrogenwealth.com/growth-platform/.
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Nitrogen is the company that invented the Risk Number®, which powers the world’s first Risk Alignment Platform and was built on top of a Nobel Prize-winning academic framework. Advisors, broker-dealers, RIAs, and asset managers use the Nitrogen platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate trading and client account management, and access world-class models and research in the Nitrogen Partner Store — all with the mission of empowering the world to invest fearlessly. To learn more, visit www.riskalyze.com.